Link Commercial Mortgages
Phone 1300 369 380

Pre-Sales Underwriting

Pre-Sales Underwriting may be achieved in two ways:

  • where the project financier’s exposure is completely covered by actual, enforceable pre-sales by way of the exchange of non-mutually renounceable contracts or put-call option contracts arranged for a fee and at a discount to valuation. This allows the project funding to go ahead and the developer the opportunity to re-sell the units at market price closer to project completion and renouncing / rescinding the prior contracts.
  • via an underwriting instrument available through specialist underwriters, underwriting the pre-selling of a project and thereby, the project financier’s loan repayment on project completion.

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