When looking for high quality vacation rentals, or a permanent home in an exotic location, pre-construction is often the way to go. What is pre-construction? Well, it means a home or condo that is still in the planning stages, but hasn’t yet been built. The buyer purchases the home from the developer or builder-owner.
But how do you decide what to buy if it doesn’t exist yet? Easy! The builder will have detailed blueprints for you to look over, as well as, usually, a model of the building. This gives potential buyers a pretty good idea of what they are getting into. There may even be already built structures that are very similar to the one you are considering. This will give you an idea of the builders quality. But even if you can’t see an actual building, buying pre-construction is quite reliable as long as the builder is. Do a bit of research to find out what they have done in the past. If possible, talk to an owner of something else they have built to asses their level of satisfaction. If that isn’t possible, a qualified agent will usually be quite familiar with local builders.
A qualified agent can also help you sort out the legal...
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