5 Crucial Facts To Consider When Looking to Buy Pre-Con

The reputation and track record of the builder are critical. A reputable builder is more likely to deliver on time, and maintain quality standards.

The location of the property will significantly impact its future value and desirability. Upcoming infrastructure, amenities, and overall neighbourhood development play a key role.

Understanding the total cost and how payments are structured helps in budgeting and managing finances. Every Builder has a different payment structure and deadlines so be sure to make sure it's one that's appropriate for you.

Pre-construction contracts can be complex and might include clauses that can affect your rights and obligations.Review the contract carefully, paying attention to clauses related to delays, assignment rights, cancellation policies, and changes to the project. Consulting with a real estate lawyer is advisable.

Construction delays are common and can impact your plans and financial commitments.Understand the typical timelines for similar projects by the builder and what recourse you have if delays occur. Having flexibility in your living arrangements is beneficial in case the project is postponed.