Buying a Pre-Sale in BC

Many homebuyers in British Columbia choose newly constructed homes due to property transfer tax exemptions.

These exemptions and other financial incentives offered by the BC government have made it more advantageous for buyers to purchase new constructions, potentially leading to significant savings.

This section will examine the financial benefits of buying newly built homes in BC, including updated tax exemptions, rebate programs, and potential savings. With our guidance and expertise, you can navigate the complexities of purchasing a new home and make informed decisions to maximize your investment benefits.

    Frequently asked questions

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    How does pre sale work in BC?

    A pre-sale is when a Developer sells a Buyer a property before that property is built or completed. The Buyer purchasing the pre-sales is buying the right to a completed property built in the future.

    How much do you have to put down on a presale in BC?

    How much do you have to put down on a presale in BC? Generally, homebuyers will be required to put down a deposit of 5-10% of the purchase price to secure their presale. This can increase to 20-25% depending on the project.

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