Important Tips in Selecting a Pre-construction Homes Project

There are definitely some perks to buying pre-construction, including your ability to be engaged in a one of a kind project like a brand new condo, or getting preferential treatment for the penthouse in the latest building. However, on a more practical note, you can also get the benefit of a discounted price in the early phases. The peril comes in that you’re looking at a home without ever seeing it, let alone walking through it. Will the view really be what they promise? The closets as spacious? The bathtub as grand? We’re bringing you a few tips to help you make an informed decision when you consider pre-construction homes in Milton.

Trust The Offering Plan

“The Bible for purchasers” is what Shirley Hackel of Warburg Realty has to say about the offering plan. This document provides information ranging from the appliances that have been selected to go in the new home to the opinion of a tax lawyer on the future value of the building following its final assessment. More importantly, there will be a “special risks” section that will include fine details such as the rights of the developer to the project.

Go With Experience In A Developer

“Track record and reputation” are the most vital elements to consider when considering a developer. “A long list of unsatisfied customers” is a sure warning sign that you’re likely to become the next one. Research your developer through the usual channels, including articles that discuss them and discussion threads in real estate forums, and as an extra measure, a real estate attorney not recommended by either broker or developer.

These two simple tricks will help guide you on your way to making an informed decision about pre-construction homes in the Milton area. Careful informed investment is always the best way to go.

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