Come join us in this Meetup as we look at the hazards of purchasing presale developments. These properties often are perceived to be no-brainer, worry-free, safe purchases. New apartments and townhomes which should have little to no risk.

RSVP on Meetup.com or Facebook - in order to be eligible for the prize draws at the end of the evening!

Through our discussion on why NOT to buy a presale development, we will discover what is the right time TO buy, uncover common myths and misconceptions, and you will come away with tools on how to evaluate developments and presale opportunities for yourself.

Our special guest speaker this week will be:

Vic Jang

Real Estate Broker, Project Marketing

Vic Jang will be on hand to share his experience in real estate development letting us know the common misconceptions about buying "new" presale developments. Vic has been in the real estate business for 25 years, is a Partner at Sutton Group - West Coast Realty and Managing Partner at Focus Marketing Systems. We will benefit from his insight accumulated starting from his first project, completed in 1986, to the present day.

Some of Vic's notable projects include:

• Residences at Richmond Inn, the first high rise tower in Richmond forefront of the area transformation in 1994.
• Savoy, again one of the first high rise towers in Downtown Yaletown, and
• Worked with London Drugs to transform the West Broadway & Arbutus previous ICBC site to a mixed use residential / commercial community incorporating a London Drugs and IGA. The concept was designed with groceries and amenities on site promoting a no-commute neighborhood years ahead of the green lifestyle movement.