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Is Buying Presale a Good Investment?

Is Buying Presale a Good Investment?

Is buying presale a good investment?

Typically, presale homes are sold at a lower price than their market value would be upon completion, making them an attractive option for investors seeking potential appreciation, as well as first-time homebuyers who wish to enter the market at a lower price point.

When buying a presale home, you're basically putting a deposit down to own the rights to your future home. Though there are usually payment schedules, you will pay as the home progresses, but you won't be asked to pay the full price of the home until it's completed.

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