Pre-Sales
Condo pre-construction presale
Domaine – Queen Anne
Update January 2008: Intracorp is currently marketing the complex for sale as an apartment complex. Update 8/13/08: I’ve been trying to obtain confirmation on the status of Domaine to no avail…seems Intracorp is keeping mum. I wouldn’t be surprised if Domaine joins Expo62 (Axis) and Moda given they’ve closed their sales office, removed signage, dummy…
Presale Process
This article focuses on the pre-construction presale process. The presale process is composed of four distinct phases – Reservation, Examination/Contract, Construction and Closing. Reservation The Reservation phase is the first offering to the public. Developers will provide preliminary renderings, floor plans and prices of the project. In Seattle, many high-end developers will host a presentation…
The Metropole Condos – Ballard
Located in the heart of Ballard, The Metropole is part of the condo renaissance in this older part of Seattle. Metropole homes feature hardwood floors, granite counters and stainless steel appliances. The Ballard business district is a short distance away offering numerous dining and shopping venues. Number of floors: 6 Number of units: 30 Amenities:…
Hjarta – Ballard
Hjarta Phase 1 broke ground in December of 2005 and was completed in 2008, joining several other new condominium developments in Ballard, including Canal Station, NoMa and Metropole. At 8-stories, the concrete & steel, green constructed Hjarta is the tallest residential building in Ballard. Hjarta Phase 2, which will be located behind the current structure,…
Pre-Sale Quick FAQs
1. What is a pre-sale? Before a new project can be built, developers are often required to sell a percentage of the available units in order to obtain construction financing. As a result, pre-sales provide you an opportunity to purchase a unit before the project is built. 2. How can I benefit from purchasing pre-sale?…
