Buying a Presale? Be sure to ask "Who is the Developer?"

Sept. 13, 2017 | New Developments | By Aaron Rossetti

Buying a Presale? Be sure to ask "Who is the Developer?" and "What is their track record?".

Why? Below are two recent articles which outline the potential issues that can arise when dealing with a less well know developer. Both have left the buyers in limbo.

"Vancouver real estate developer faces lawsuits, extradition to U.S." - read article here >>

"Vancouver condo developer cancels Langara West on Cambie" - read article here >>

How to protect yourself:
1) Use a Realtor for independent advice (see Why Work With a Realtor)
2) Read the Developer's Disclosure Statement
3) Ask questions.

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