Buying A Pre-Construction Condo Is All About Risk And Reward

By Lydia McNutt

The pre-construction phase is a popular time to buy a new home or condo, for a number of reasons. Usually at this stage in the game, the home builder offers more competitive pricing to raise the funds needed to get shovels in the ground faster.

This is also the time for buyers to get their choice of lot, floor and exposure, as well as customize their home to their personal preferences.

But every reward carries some element of risk -- the really good ones do, anyway.

With...

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