Purchasing a pre-construction condo may seem like a straightforward process, but it is far from it. Developers are primarily concerned with protecting their interests, which is why it is crucial to have an experienced real estate professional to help you protect yours. Many people might have the wrong impression that a pre-construction purchase and sales agreement is set in stone and even if there...
Buying a condo from a bad developer can carry several risks for the buyer. Here are some of the most common risks associated with buying condos from a bad developer: Financial risk: A bad developer may not have the financial resources to complete a project, which can leave buyers with incomplete units and lost deposits.Construction quality risk: A bad developer may cut corners on construction quality to...
Here are some tips on how to identify reputable developers in the Greater Toronto Area (GTA).Track record: Look for developers who have a proven track record of delivering high-quality developments in the GTA. You can research their past projects and look for reviews from previous buyers.Reputation: Check the developer's reputation in the industry and among other buyers. You can read online reviews, ask...
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