What Are the Advantages of Buying a Pre-selling Property?
If you are an aspiring homebuyer who is actively searching for properties for sale in listing websites, or if you are actively on the rounds attending open houses, you have probably encountered the word preselling at some point. What is a preselling property and what are its advantages? Preselling, or off-the-plan properties as it is more commonly known in the West, are pieces of real estate—either condominiums, townhouses, and house and lots—that are being sold by a real estate developer in advance before their actual completion. While it may seem unconventional to a homebuyer to buy a property that does not yet exist (save for actual site where the property will be built and a blueprint), presold properties afford homebuyers many advantages, such as discounted prices and the first pick of the best locations and/or units. In this article, we have put together a list of benefits of buying properties while they are still in its preselling stage. Preselling Properties Are Norma...
