The deposit is one of the biggest hurdles first time home buyers face when looking to get in the market, especially at presale real estate developments which are regularly expecting 20% deposits within a short time period. However, that is not the case at our latest JSA Investors Club feature development.
We have an unreal opportunity for first time home buyers where they can put down just 5% at contract and make no payments for an entire year and a half when they will put down their final 5% owed to the developer. That’s 10% total instead of 20% and just 5% at signing with a huge gap between the next payment. There are limited spots available so we are recommending our network takes action on this top quality presale offering right away. With homes starting in the low $500,000’s, the initial deposit can be as low as $25,000.
As preconstruction sales specialist we know the value that’s available in securing a home before it is built. As purchasers often find brand new homes for a lower price than something that is currently available. Rewarding the purchaser for the wait time as the home is under construction.
There are other advantages to new construction than price, such as buyers can often make customizations to their personal choices and choose their favourite floorpans and colour schemes.
Additionally, buyers may purchase a new property for up to $750,000 and pay no property transfer tax. First time home buyers PTT benefits are limited to a maximum purchase price of $550,000 when purchasing a home on the resale market which can be very hard to find in Greater Vancouver with today’s current housing prices.
This amazing opportunity for first time home buyers to secure a home with 5% at contracts (as low as $25,000 for one bedrooms and $35,000 for two bedrooms) is not one to be missed. If you or someone you know is a first time homebuyer looking to get into the market reach out to your JSA representative as soon as possible as we expect these homes to sell out very fast!
Jordon Sutton PREC*
jsutton@sutton.com
