Annette ThomasVancouver Full-time Professional Real Estate Specialist"I love what I do and it shows"
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New Developments in Vancouver:
We have all read or heard the news about new development issues:
* due to costs being too high to make it finacially viable for the developer to proceed, they either cancel all the pre-sale contracts or you have to pay more money.
* Does it come with a parking stall - are you sure?? it could be a 99yrs lease!!
* What happens when the project is delayed for 6 months or more??
Having an experienced professional realtor to help you with the details of your pre-sale purchase will be a huge benefit to you and it does not cost you anything!!
At the very least consult a lawyer and show them the developer's Sales contract!!
"First and foremost they should work with a realtor. A licensed realtor is knowledgeable in working with presales, looking at the contract, the clauses and developer's disclosure statement..." says Valouche."It doesn't cost anything to buy with a realtor and it allows buyers to be protected by a special emergency fund that agents pay into."
RicK Valouche - Real Estate Board of Greater Vancouver
If you have any questions or want more information (update, floor layouts or floor plans) Click here and I will send it to you. There is no obligation, in the comments write do not contact and I will totally respect your online privacy. I am here to help.
| What is new and planned in your neighbourhood??
Check out my Proposed New Development Page
It has upcoming projects and development applications made to the City of Vancouver displayed as a map with specific details. | |||||||||||||||||||||||
| Information on New Developments and properties "in the news" Project: The Anvil,
New westminster
Pre-Sale purchasers have been sent letters asking that they agree to pay higher prices for their condo than previously agreed upon. Before signing any papers seek legal advice first.
Project: Sophia,
Mount Pleasant, Vancouver
Units: 81 Developer: Eden Group of Companies Status: Being evaluated by the receiver. Project: H+H Yaletown
Units: 192 Developer: Chandler Development Group Inc. Status: Being evaluated by the Receiver.
UPDATE: Financing committed to complete, new disclosure statement being finalized.
Project: Garden City, Richmond Developer: Chandler Development Group Inc. Status: Being evaluated by the Receiver.
UPDATE: Financing committed to complete, new disclosure statement being finalized Source: Bowra Group receiver manager
Project: Elyse
East 7th Avenue and Scotia Street
119 Unit development
Status: Cancelled Fall 2007
Project: Montgomery Estates
Oak Street and 43rd Avenue
31 Unit Townhouse complex
Status: Cancelled Fall 2007 | |||||||||||||||||||||||
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