Buying a New Home

Here are a few helpful ideas to consider when weighing the pros and cons of buying a new home and the benefits of pre-purchasing.

There are many reasons why purchasing a new home from a respected and trusted builder such as Bosa Properties during the pre-sales phase makes sense.

Better choice
Generally speaking, the earlier you buy, the wider the selection that is available to you.

Better price
Year over year, the market has proven consistently that real estate, while cyclical, appreciates over time. As a result, buying early on has consistently proven to create a better investment return for homebuyers.

Easy purchase terms
Our Deposit Investment Plans allow you to invest only a fraction of the purchase price at time of purchase (usually between 20% and 25% of the purchase price). As a result, you’re leveraging your investment right from day one. Assume that you purchased a $400,000 home, with a down payment of 20%, or $80,000. If the home you purchased takes two and a half years to construct, and the value of this home increases a modest 5% per year, you will have earned a return on your $80,000 deposit of close to 26% per year.

Here’s how it works
Purchase Price: $400,000
Deposit: $80,000
Value of Home at Completion $452,025 (5% per year X 2.5 years)
Simple return on deposit 65% ($52,025/$80,000)
Annualized return on deposit 26% (65% / 2.5 years)

Time for change
People often move from a single-family home or townhome into a new condominium home – this often means a fair amount of life-change. Many of our current homeowners have told us that the decision to buy a number of months before they moved in allowed them to get their affairs in order, making for an easy transition into their newer housing style, and ultimately they had the time they wanted so that they were completely ready and comfortable on moving day.