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/Glossary/What distinguishes Ready to Move from Under Construction assets?

What distinguishes Ready to Move from Under Construction assets?

What distinguishes Ready to Move from Under Construction assets?

Ready to Move implies completed structures immediately available for occupancy. Buyers can inspect actual finishes, evaluate build quality, and face minimal waiting. In contrast, Under Construction deals offer lower initial prices or customization options but carry waiting periods and potential delay risks.

Key Points:

  • Immediate Use: Ready to Move spares uncertainty; owners can occupy or lease promptly.
  • Construction Timeline: Under Construction may shift if materials, labor, or regulations fluctuate.
  • Pricing Differences: Construction-stage units often cost less, reflecting partial completion risk.
  • Financing Nuances: Some lenders handle ongoing site checks for stage releases.

Choosing depends on personal priorities: If quick settlement or tangible product is crucial, completed options suit best. Those keen on tailor-made features at potentially lower entry costs might favor new builds, accepting the waiting game.

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