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Updated over 7 years ago,
Buying a New Construction Property - Need Advice!
Hi All!
I am looking at purchasing a new build condo that has not yet been built and there is not a model home that I can look at. All I have access to is the floor plan and I am also able to choose some of the finishes. What contingencies would I want to include in my offer to protect myself? I am worried it gets built and then I don't want to move forward with the offer after I am able to physically walk through the property. It's expected to be completed in October of this year.
The obvious contingencies are the inspection contingency and maybe also a financial contingency (already pre-approved).
Also any other helpful tips about buying in this situation would be appreciated!
Cheers,
Rick