1. What’s the Status of Construction?
- Pre-selling:
No groundbreaking yet
Not yet built
Construction ongoing - Ready to Move in:
Property is already built and existing.
2. What is the Pricing?
- Pre-selling:
Low introductory price - Ready to Move in:
More expensive due to the expansion in market prices since it had been built.
3. How long is that the Move in Period?
- Pre-selling:
Depending on the sort of property (condo, townhouse, or house and lot) or the developer’s discretion, time-frame is between but a year to quite four years - Ready to Move in:
Homeowner can move in immediately after purchase.
4. What are the Payment Terms?
- Pre-selling: Flexible
Down payment payable in one or two years
Spot cash deposit
Spread out amortization - Ready to Move in:
Mostly spot cash payment, or if staggered, duration is shorter
Can be rent-to-own
5. What are other Advantages?
- Pre-selling:
There are promos and discounts, if you pay fully .
You can customize the unit consistent with your preferences.
Have newer, more state-of-the-art amenities and facilities. - Ready to Move in:
If available, home improvements
Discounts if rush sale
6. Which unit am I able to choose?
- Pre-selling:
First come, first reserve
You can select since these aren’t yet built.
Note: If you’re purchasing a condo, the upper the ground , the costlier the property. - Ready To Move in: What is only available/offered.
7. Whats is Ideal for?
- Pre-selling:
Investment - Ready to Move In:
Personal Use
8. What are the cons?
- Pre-selling:
Risk of project won’t being completed or there’s delay in turnover.
Finished unit doesn’t meet your expectation.
Your needs or financial situation may need change by the time the project is near or upon completion. - Ready to Move in:
Requires higher live
Fewer available units
Most of the simplest or prime locations are already taken