Assignment sales are increasing in popularity as more buyers become educated on the advantages of taking this route to condo ownership in Toronto.
We’ve processed countless assignment sales and have many happy buyers and sellers among our clients. Let’s take a look at why so many people are using this strategy.
In these scenarios, you might want to sell your condo.
If you’re an investor, you might decide to buy a pre-con unit for the express purpose of selling it before completion.
As a buyer, you know that the end result will be worth it.
That said, the few years that it often takes for a project to be completed is no short period of time.
When you go the pre-con route, you’re prepared to play the waiting game.
There are many phases of construction and approval involved.
Buying a pre-construction condo is different from buying a resale unit.
The process is as unique as the benefits, which is why buyers should take the time to learn about the contract, costs, and timelines involved.