Off-plan buying makes for great savings
Posted Wednesday, May 2 2012 at 12:42
Such a huge saving does not only make economic sense, but it also makes pre-sale buying one of the best ways to encourage home ownership.
It is a method that is increasingly gaining currency, especially at a time when most developers are under financial pressure due to the high cost of borrowing.
Pre-sale deposits are an excellent way through which developers can raise construction finances.
For the buyer, the key thing is to ensure that the developer you are dealing with has clear and transparent guarantees and a good track record.
Make sure, with the help of a lawyer, that the pre-sale agreement you are signing is foolproof and does not leave room for changes, such as alteration of prices.