Larry Paletta
RE/MAX Escarpment
Languages
- English
Specialties
Buyers, Condominiums, Downsizing, First Time Buyers, First Time Sellers, Investments, Luxury Homes, New Construction, Power of Sale, Residential, Sellers
Locations
Ancaster, Beamsville, Binbrook, Burlington, Downtown Hamilton, Dundas, Flamborough, Grimsby, Hamilton, Hamilton Mountain, Smithville, Stoney Creek, Waterdown, Central Hamilton, East Hamilton, West Hamilton
Is the Home you Love being Sold as an Assignment? What is that? Let's Find Out.
Avoid These Common Mistakes When Buying an Assignment House.
Jul 05, 2023
Let me Help you. Don’t do it Alone. Whether you are Buying or Selling an Assignment Property, it can be Tricky. Know as much as you can. My Contact Information is Below. #assignments #assigningcontracts
These will be replacing Power of Sales & Distressed Properties coming on the Market. You have Buyers who bought Pre-Construction 2-4 years ago and for whatever reason, Higher interest rates, Financial or Family Changes, the Buyers want to get out of their deal with the Builder.
So what do they do? They Assign their Contract Agreement to another Buyer before the Home Closes. You as a Buyer are taking over the original contract with the Builder. Know what you are getting into. It's not like buying a re-sale homes.
There are several Builder Fees plus Tarion Fees that are included. Sometimes appliances aren't included. Sometimes Air Conditioning or a fence is not included. There are many pages as well. I'm hear to Help. Drop me a line. 905-971-5981.
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