These days, pre-construction has been presenting itself as a pretty solid idea for getting first-time homebuyers into homes without the need of stacking a hefty 20% dp on the purchase price. And if you're interested in growing your property portfolio and have hopes to spend under a mill for a townhome, etc. this will be worth your time too.
Once upon a time in a #pre-pandemic world, pre-construction projects were marketing payment plans that needed a 20% down-payment, spread over 6 months*. Today, builders are getting very crafty - offering payment plans needing a 10% down-payment spread over 24-36 months; that's over 2-3 years. These payment plans are giving me life. Condo to townhome or townhome to a semi-detached, pre-construction can be an MVP in this real estate game.
If you're thinking to yourself "I need to fix my credit" "I have to keep saving" or "start saving", 🚨 news flash, pre-construction could possibly put these roadblocking-thoughts to bed and make you a homeowner (possibly again); I can show you how. My family has built a multi-million dollar portfolio leveraging pre-construction projects; you've got our decades of experience backing you.
My observations and research have inspired me to launch a FB group where I'll be sharing pipping hot pre-con projects that'll boost anyone's home buying confidence. Timing is so critical in real estate that as soon as you finish reading this, you may have already missed out...lol. If you're looking for #Condos #Townhomes, #Semi-detached homes or the "essential-home" (#Detached #homes) 😉 I've got you covered. Let's chat.
If you or anyone you know is looking for representation, I live and breathe Real Estate and I've got time to help you buy or sell your property.
Your Friend in Real Estate,
C. Ivy Stephenson
M: 647-300-7959
O: 905-695-7888
F: 905-695-0900
*could be a longer time period
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