By Alaina Burnett, Realtor
Buying “pre-sale” is a concept that gained popularity in Asia, before taking root in the Vancouver real estate scene in the early 1990s. When this method of development sales was first introduced, it was not an easy sell, primarily because people were accustomed to seeing what they were buying up-front. In response to this need for reassurance, developers created “display suites” or “vignettes” that give purchasers an idea of what to expect when their homes are completed and delivered, particularly with regards to kitchen and bathroom finishes. Here are some tips to consider when you’re looking at a Developer’s display suite:
Stay tuned for Part 2, where we will explore some of the finer points of the Pre-Sale contract you may be about to sign!
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