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Should You Buy a Pre-Construction Toronto Condo?
Should You Buy A Pre-Construction Condo?In Toronto’s sought-after real estate market many buyers choose to get in on new developments early. There are a variety of reasons people choose to buy pre-construction, but is it the right choice for you? These are some things to consider when deciding whether you should buy a pre-construction condo:TIME:Ask yourself: how long are you willing to wait before moving into your new condo? If you are living somewhere you want out of fast, pre-constructio..
What is an Assignment Sale?
Assignment Sales ExplainedYou might have heard about Assignment Sales in regards to pre-construction condos in Toronto. Or, you might be thinking about buying an assignment property.What is an Assignment Sale?An assignment sale is when an intended buyer of a property (The Assignor) sells their purchase rights to a new buyer (The Assignee). They are actually selling their contract with the builder or property owner before they ever take possession. Therefore, they “assign” the..
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