Muhammad Negyal - Realtor

🤔𝐖𝐡𝐚𝐭 𝐢𝐬 𝐚 𝐩𝐫𝐞𝐬𝐚𝐥𝐞? 🤔

A presale is a home that’s available to purchase prior to being move-in ready.  You can choose to purchase either before construction starts or during construction. There are times when construction has been completed and the home is move-in ready, yet has not been sold—this is referred to as “new construction.”

🚨🔥𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗯𝘂𝘆𝗶𝗻𝗴 𝗮 𝗽𝗿𝗲𝘀𝗮𝗹𝗲 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆? 🔥🚨

Delay Of Mortgage until completion of the building.  This allows for more time to save for the down payment and closing costs.  There’s still the ability to have a rate hold from a partnering lender with the development. If rates go up, the rate hold would apply. If rates go down, the lesser amount would be the rate for the mortgage term.

Building Up Equity. As housing prices rise over the course of the construction period, the contract on the home also rises in value. Before completing your home there’s the potential to see profit. The ROI is why presales are so popular with investor
🤩 𝙇𝙤𝙤𝙠𝙞𝙣𝙜 𝙩𝙤 𝙗𝙪𝙮 𝙤𝙧 𝙞𝙣𝙫𝙚𝙨𝙩? 𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙐𝙨 𝙏𝙤𝙙𝙖𝙮! 𝙒𝙚 𝙬𝙤𝙪𝙡𝙙 𝙡𝙤𝙫𝙚 𝙩𝙝𝙚 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙩𝙤 𝙚𝙖𝙧𝙣 𝙮𝙤𝙪𝙧 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨!
📞 𝙽𝚎𝚟𝚎𝚛 𝚝𝚘𝚘 𝚋𝚞𝚜𝚢 𝚝𝚘 𝚊𝚗𝚜𝚠𝚎𝚛 𝚢𝚘𝚞𝚛 𝚌𝚊𝚕𝚕𝚜:


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