Condo Assignments have become very popular in the last few years. There are many buyers and investors trying their luck at getting a DEAL from an Assignment Sale because they know it will be profitable for them, but also give Assingor the opportunities access to equity after receiving part or all of that money through real estate assignments sales.
I started my first condo assignment from Year 2009. It's for myself, a small but interesring investment that could turn into something big and lucrative if things go right! I found this niche market -- Assignment Sales is fascinating so decided to spend time learning all about it before making any moves or investments in hopes of finding another opportunity like mine soon enough…
The condo assignment process can be complicated. You need to work with your assigned realtor, builder and their lawyers as well as accountants if you own the property in question or hire one that specializes on this field of expertise - but it turns out there's not much standard procedure for doing so!
When it comes to condo assignment, you need the know how and also familiar with differnet Builder's requirement. (Builder procesure for assignments are very different so make sure that what they want is clear before starting)
You can't list assignment sales on MLS which makes finding potential buyers difficult without knowing someone who works at an agency or building association in your city; but luckily I've compiled a guide as well! This article has everything there will ever be about buying real estate from somewhere other than traditional suburbs where prices have skyrocketed- including info about new neighborhoods coming soon such
For the past few years, I've sold 70-90 units for assignment sales yearly and that's why it is my goal to ensure you have an easy time during your condo assignment. If there are ever any questions or concerns about anything related with buying property, feel free contact me!
Specialty: Pre Construction condos sale and condo assignment
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Area Covered: GTA , Toronto , Vaughan, Richmond Hill, Aurora North York , Mississuagua , Markham