Monday, 1 July 2013

A Good Look at Pre-construction Condos

Are looking for a good condo in Mississauga and have your eye on condominium still in a developmental phase? Before making a final decision, it is well advised to gather all the necessary information regarding your prospective future residential unit:

Have a look at the Floor Plan

It will give you an inside idea of what you have on the table. So, the first thing you should do is to get the floor plan and study it carefully to grasp the information about the condo’s parameters. Plan ahead, check the dimensions of the condo and match it with your need, pay special attention to the size of bedrooms and the kitchen area.

Do not be too eager to get tempted with the tentative model of the condominium. The model may have some irregularities in actuality after completion. Ask the builder about anything that you have in mind.

Know about the builder

Get your hands into the assessment of the quality and past experience of the builder. Using the online tools, you may be able to gather information regarding the reputation of the builder. This prior check will safeguard your life-long savings and save you in having remorse in the future.

Make all the things in black and white

In order to avoid any future mishaps, it is wise to get everything promised to you in an agreement preferably notarized. This will make the builder answerable if the building company failed to abide by the agreement and this binding will resettle your losses if you have any in the future after the construction.

Be Aware of the legal affairs

Clearly read the agreement and thoroughly understand every close and by-law. This will ensure that you would get any unpleasant surprises after the possession of your condo. Get a close eye on the hidden charges before making it official.

Be able to forecast any sort of inconvenience

Even if anything any plan is beautifully engineering, it might have many flaws. The most common of them all is unexpected delay in the completion. This will surely have an unpleasant effect on you and your family when you have planned everything according with the construction and transition to your new condo.


Also, you have to be informed about any future developments in the building and the surrounding area as you have invested in the house and it could have a great impact on your property in the long run.

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