Sealing the Deal on Pre-Construction Purchases

How does buying a pre-construction property, be it a condo or single-family home, differ from buying a home on the resale market? Buyers wanting to avoid painful or expensive surprises need to understand the differences.

 

David Young, TRREB instructor and real estate lawyer with Sorbara Law, joins TRREB Chief Market Analyst Jason Mercer to break down the purchasing process and key dates, along with final closing costs and what buyers and their REALTORS® can do to reduce them.