Pre-Construction Condos in 2024 - What You Need to Know

Randy Selzer Real Estate Podcast

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10M ago 40:52

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Today we interview Debbie Cosic, Founder and CEO of In2ition Realty, a major marketing company in the pre-construction real estate market in the Greater Toronto Area (GTA).

Buying pre-construction condos has been a winning strategy in the Toronto area over the past 15 to 20 years. The timelag between purchase and completion allowed for price appreciation, so that when the building was complete, buyers already had a capital gain built in.

Debbie and I review the process on how to buy pre-construction properties. We cover the basics, from worksheets to deposit structure, from interim occupancy to final closing. Learn how the process works.

Today's real estate market has changed due to higher interest rates. A lot of people are expecting interest rates to go down in the future. Will buying a pre-construction condo now benefit from possible lower rates when the final closing occurs?

Investing in real estate has its risks and rewards. Get great insider insight from our talk today.

Reach Debbie and her team at: https://in2ition.ca/

905-286-5270

#realestate #Toronto

Randy Selzer - Real Estate Agent

33 Pearl St

Mississauga, ON L5M 1X1

416-433-3556

Access the video version of this content at: https://youtu.be/RFTHgHVA-3E?si=KEew0Lwv4HCOB9qP

My main site: https://www.randyselzer.com

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#Business #Real Estate #Randy Selzer