Are You Looking for a Pre-Construction Condo With A Lower Down Payment?
There 4 Simple Ways
4 Ways to Buy New Condos With Lower Down Payment in 2019
Investors are always looking for a best return in their investment. There are many different strategies to make money in Real Estate.
How to Find New Pre-Construction Condo With Lower Deposit?
1, Working With An Agent Who Works Closely With Developers
Having a VIP agent on your side is the cherry on top of the great sundae that is condo markets in Toronto. Insider VIP deals come to a realtor from their constant relationship building with developers in the area. These realtors have a steady track record of selling pre-constructed condos for top developers, and are usually invited back to receive all of the insider deals and information that other second tier realtors won’t receive until much later. This in turn, brings you, the buyer, a great deal on lower money down for a pre-constructed condo. The short of it: the developer trusts the realtor whom you trust and vice versa (especially if you’re a repeat customer to your VIP realtor), and you reap the benefits.
2, Build A Strong Relationship With Your Realtor
Building a relationship with your realtor is always a must in the buying market. Trusting your realtor is as important as trusting your accountant. The feeling should also be mutual as to how your realtor feels about you. Your realtor is the inside scoop on the best deals in town for pre-constructed condos, and they want to bring you in on the deal.
3, Purchasing Lower Deposit Condos
Another way to receive a super low-money-down deal on a pre-constructed unit, is by asking your realtor about inventory clean up. If you’re someone in the market for multiple units for condo investment, you may be interested in the units that are available that may be lower in price for various reasons. Those reasons may be as simple as a unit not having enough bedrooms that the majority of customers may want or need.
4, Best Condo Deal Is Possible
Last, but not least, check your realtors list of satisfied customers. Are there a lot of them? If so, you have all the more reason to believe that they are getting you the best deal possible on available low-money-down units. Your realtor should be honest, accountable and proactive.
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Learn More About the New Pre-construction Condos
If you would like to discuss more the upcoming condo opportunities and have any questions, please book an appointment with Arshad Hussain. A trusted name in Toronto pre-construction real estate.