Pre-Construction Condo Investment Fundamentals

It doesn’t matter if you are a first-time buyer or an accredited investor, all of the information you need to know about investing in pre-construction properties is below.

Most Frequently Asked Questions

Calgary

• How to invest in Calgary pre-construction condos

• How to close a pre-construction property in Calgary, Alberta

• How to sell a Calgary property on assignment?

• How does the GST rebate work in Alberta?

• Complete guide to Truman rental guarantees (RGs)

• Why being a landlord in Alberta ROCKS!

• What Are Calgary’s economic fundaments for Investing?

• Who is Truman Homes - Calgary’s largest developer?

Pre-Construction

• What are your options when closing a pre-construction property?

• What is the 10 Day Cooling/Rescission Period?

• Why a mortgage pre-approval is a must for pre-construction buyers?

• Why you should have a lawyer review your pre-construction contract?

• What is interim occupancy Vs. final closing?

• What are deposits Vs. down-payments?

• What are your closing costs?

• What is a reference # Vs. legal # Vs. municipal address?

• What happens if you do not close on your pre-construction purchase?

Real Estate Investing

• Why every real estate investor needs landlord insurance?

• Who pays utilities on a rental property?

• How to screen potential tenants?

• What is rent control across Canada?

• What is a blanket mortgage?

• What are condo fees and why they’re worth it?

• What is CHMC Insurance and when do you need it?

• What is the first time buyer land transfer tax refund?

• What is the first home savings account (FHSA)?

• What is the RRSP home buyer’s plan for first-time buyers?

• What are the sources you can use for a down-payment?

• What is the Canada foreign buyer ban?

• What is mortgage disability insurance?

• What is mortgage life insurance?

• How do vendor take-back mortgages (VTB) work?