In BC presale purchases, moving into a unit and receiving legal title are two separate events. The interim occupancy period sits between these milestones and carries its own fees, timelines, and restrictions. This post explains what each stage means for buyers in the Lower Mainland.
Common myths about buying presale in BC cause buyers to hesitate or misunderstand the process. From deposit protection to GST and assignment rights, this post corrects seven misconceptions that affect how buyers approach presale properties in the Lower Mainland.
In BC, every new home must carry mandatory warranty insurance structured across two, five, and ten years. This post explains what each period covers, what falls outside the coverage, and what presale buyers should review before signing a purchase agreement.
This post examines the complexities of financing a presale home in Surrey, British Columbia. It details how long construction timelines affect mortgage approvals, the risks of interest rate fluctuations, and the necessity of managing finances between the deposit and completion.
Surrey rezoning is reshaping how the Lower Mainland grows. Presale buyers who understand these zoning changes make more informed purchasing decisions.
In this guide for presale home buyers, learn how to find the best Vancouver neighbourhoods by looking at future transit, schools, and city plans.
Purchasing a presale condo doesn’t have to be difficult. It can be beneficial in a rising real estate market, as your price is set once the contract is signed. Buying a presale condo simply means, you are buying it before it is built. The process of purchasing a presale home can be quite straightforward. Here…
If you’re looking to purchase a condo in Vancouver, is it better to buy a presale unit or a resale? First, let’s look at the difference between the two.
Purchasing a presale home means, very simply, that you are buying a home before it has been built. This can apply to either a condo apartment, townhome, or single family home, with condos making up the largest number of presales in BC. Here, we’ll take a look at some of the benefits of buying a…
Buying a presale condo or townhome has some great benefits. The value of your home may have increased during the time it is being built. It comes with a 2-5-10 year warranty which protects you against certain repairs or deficiencies. It has all of the finishes and fittings you personally picked out and it’s brand…
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