Gables Residential

Typically you register your interest, get access to pricing and availability, then sign a purchase agreement and pay deposits on a schedule set out in the contract. Construction follows. Depending on the project, there may be a period when you move in before the final transaction is complete, and then closing occurs when the home or unit is finished and the balance is due.

In Florida, buyers of new condominiums have a 15-day rescission period under FS 718.503. This applies to condos only, not to single-family homes. Have a real estate attorney review the contract and condo documents within that window.

Buying pre-construction generally means paying a deposit in stages and controlling a unit well before completion. That can spread out the capital required, but it also means your money is committed while the project is built. Before buying, look at how many comparable units are being delivered nearby, how quickly similar homes have been absorbed, and whether rental demand in that city supports your expected rent.

Home type matters too. Most of this builder's current listings are condos, which come with monthly fees and, in some cases, rental restrictions in the governing documents. Review the budget, fee estimates and any leasing rules. Nothing about a pre-construction purchase guarantees appreciation or returns, so run the numbers on conservative assumptions.

Pre-construction usually requires a larger deposit in total than a resale purchase, paid in installments, so confirm the full schedule and how it fits your budget. Incentives or rebates for first-time buyers differ by state and by program, and eligibility rules often depend on income, price limits and the type of home. Ask a lender and the builder what applies to the specific project.

Registering early can matter because builders often release homes in phases, and registrants may hear about pricing, floor plans and availability before general release. Registering doesn't commit you to buy.