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Discover new construction homes or master planned communities in Ontario
Investing in a pre-construction home offers several advantages for potential buyers. Firstly, it allows you to secure a property at a lower cost compared to fully constructed homes, potentially providing substantial savings. Additionally, pre-construction homes often offer the opportunity to customize the interior finishes and layout according to your preferences, creating a personalized living space.
1- First Pricing: Paying the Lowest Cost Possible.
2- First Appreciation: Appreciation Right From the Beginning.
3- You get to choose the Layout & Floorplan that best suits your need.
4- Extended Deposit Structures- unlike resale,
You have time to Save on your Down payment throughout the time the unit is being built.
What is an Assignment Sale?
A contract assignment occurs when the Original Buyer [Assignor] who purchased from the Developer chooses to “Sell” their contractual rights in their contract to a new buyer [Assignee] before the completion date.
The buyer can transfer the contract for any price, even for a higher price than they paid for the property. (If the original buyer [Assignor] received the Assignment Clause at the time of purchase from the developer).
In the Assignment, the new Buyer [Assignee] must transfer the money to the Original Buyer [Assignor] in this way: Deposit + Profit.
The Original Buyer is not truly selling the property (Because they technically do not own it yet) but, instead, is technically selling his or her interest and rights in the contract.
Find out how much is affordable for you to pay monthly to get your dream house.
