{"id":1,"date":"2011-05-12T23:47:39","date_gmt":"2011-05-12T23:47:39","guid":{"rendered":"https:\/\/blogs.ubc.ca\/khalilkassam\/?p=1"},"modified":"2011-05-16T22:11:41","modified_gmt":"2011-05-17T06:11:41","slug":"pre-sale-condos","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/khalilkassam\/2011\/05\/12\/pre-sale-condos\/","title":{"rendered":"Pre-Sale Condos"},"content":{"rendered":"<p><strong>In<\/strong> <strong>Vancouver<\/strong>, Condominium Pre-sales is one of the most common ways for developers to sell their units. This allows developers to gain access to capital pre-construction, which increases eligibility for financing by having a higher level of equity and smaller loan to value ratio. In return, developers\u00a0contractually give buyers interest on their money or allot a decorating allowance which is a reimbursement to the purchase price.<\/p>\n<p><a href=\"https:\/\/blogs.ubc.ca\/khalilkassam\/files\/2011\/05\/Untitled2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-13\" title=\"Untitled2\" src=\"https:\/\/blogs.ubc.ca\/khalilkassam\/files\/2011\/05\/Untitled2-1024x558.png\" alt=\"\" width=\"500\" height=\"272\" srcset=\"https:\/\/blogs.ubc.ca\/khalilkassam\/files\/2011\/05\/Untitled2-1024x558.png 1024w, https:\/\/blogs.ubc.ca\/khalilkassam\/files\/2011\/05\/Untitled2-300x163.png 300w, https:\/\/blogs.ubc.ca\/khalilkassam\/files\/2011\/05\/Untitled2.png 1231w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p><em>Using a Lady \u00a0and black background to show sophistication and luxury<\/em><\/p>\n<p>The largest advantage for developer is that selling units &#8220;pre-sale&#8221; or commonly known as selling by plan gives them the advantage of selling things by imagination. You are not selling the buyer a physical piece of property, rather you are selling them a contract which binds them to purchasing the unit further down the road by\u00a0forfeiting\u00a0a small deposit, and paying installments as the project gets near completion. By using affective marketing, they are able to create luxury and sophistication in commercials, graphics and online devices. In reality, these properties are only an addition to the Vancouver skyline, but they continue to fetch the highest price per foot in the country.<\/p>\n<p><em>Check out this video of 3 Harbour Green: <\/em>[youtube]https:\/\/www.youtube.com\/watch?v=4f0iAPZRsTY&amp;feature=related[\/youtube]<\/p>\n<p><em>Visit their website:<\/em> <a href=\"http:\/\/www.harbourgreenplace.com\/home.php\">http:\/\/www.harbourgreenplace.com\/home.php<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Vancouver, Condominium Pre-sales is one of the most common ways for developers to sell their units. This allows developers to gain access to capital pre-construction, which increases eligibility for financing by having a higher level of equity and smaller loan to value ratio. In return, developers\u00a0contractually give buyers interest on their money or allot [&hellip;]<\/p>\n","protected":false},"author":7230,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/posts\/1","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/users\/7230"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/comments?post=1"}],"version-history":[{"count":12,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":22,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/posts\/1\/revisions\/22"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/media?parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/categories?post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/khalilkassam\/wp-json\/wp\/v2\/tags?post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}