Deposit Structure and Timeline for New Builds in Edmonton 2025 | What Buyers Need to Know

Wondering how deposits and possession timelines really work when buying a new build in Edmonton in 2025? In this video, I’ll break down the deposit structure and payment schedule you can expect with most Edmonton builders, along with what really happens between signing your contract and getting your keys. You’ll learn how much deposit is typically required, when it’s due, and why understanding the timeline is crucial for planning your move. We’ll also cover common builder policies, how possession dates are set, and the smart questions every buyer should ask before committing. Whether you’re purchasing locally or relocating to Edmonton, this guide will give you the clarity and confidence to navigate your new build purchase without surprises. By the end, you’ll know exactly what buyers need to know in 2025 to avoid stress and set yourself up for a smooth new home experience. Join Free Academy’s Below-Get Smart not Sold 🎓 Buyer Academy 👉https://tinyurl.com/fjfk39t5   🎓 Seller Academy 👉https://tinyurl.com/mstumt44 🎓 Relocation Collective Academy “waitlist”👉  https://tinyurl.com/4dtyncze 🚚 Moving to EDMONTON? I’d Love to Help! 👋 Leanna Martens, CREA ID#1271805 📲 (780) 887-3488 📧 leanna@martensgroup.ca 👋 Leanna Martens, CREA ID#1271805 📆 Schedule Discovery Call: https://calendly.com/martensgroupcall/30-min-relocation-call 🏆 Brokered by: Logic Realty, CREA ID#1271805 Highly Recommended Videos: 🌆 Moving To Edmonton | 10 WORST COMMUNITIES TO AVOID in 2023 - https://www.youtube.com/watch?v=WacUn7Nfw7Q 🏗️ 10 Reasons NOT TO MOVE TO EDMONTON- Truth No One Tells You! - https://www.youtube.com/watch?v=xYZ_QdwDHwU 🤠 Moving To Edmonton | Your ULTIMATE GUIDE to All Edmonton Alberta COSTS in 2023 - https://www.youtube.com/watch?v=QPjKtVr1Bz8 Preferred Partners 🏦 Lender Partner: martin@legacymortgagegroup.ca 🔬 Inspector Partner: calvin.schatschneider@pillartopost.com Connect 🌐 Website: https://www.martensgroup.ca/ 📺 YouTube: https://www.youtube.com/@leannamartens 📲 Facebook: https://www.facebook.com/Leanna.D.Martens 📱 Instagram: https://www.instagram.com/leannamartens_ 💼 LinkedIn: https://www.linkedin.com/in/leanna-martens-282015107/ Disclosures 😀 Info provided is opinion and for entertainment purposes. 💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links. 🔎 Sources Niche, Wikipedia, TravelTime, Census, Real Estate Commission, Edmonton Real Estate board, Numbeo 😀 Info provided is opinion and for entertainment purposes. 💰 Links shared may be affiliate links to products or services. We may receive a commission, discount or benefit for purchases made through these links. 00:00 – Intro: Deposits, payment structures & timelines 00:14 – Welcome to episode 2 of the New Build Walkthrough Series 00:34 – Free resources: 1:1 strategy sessions & Relocation Collective 01:13 – How deposits work with Edmonton builders 01:20 – Initial deposit amounts & timeline for full 5% 01:33 – Deposits held in trust & non-refundable conditions 01:57 – When the remaining balance is due (possession day) 02:11 – Why possession dates can shift & key questions to ask 02:28 – Builder possession notice policies & timelines 02:44 – Building a buffer for selling, renting, or moving logistics 03:29 – Smart questions to ask about deposits & timelines 03:45 – Understanding best & worst case build timelines 04:04 – Recap: predictable deposits, variable timelines 04:19 – Preparing for surprises with new builds 04:21 – What's next: construction phases & staying sane 04:47 – Updates and expectations while your home is being built 04:54 – Seeing progress when it still looks like a "mud pit" 04:56 – Reminder: free strategy session & relocation community 05:19 – Preview of next video: warranties & deficiencies 05:28 – Wrap up & closing Deposit Structure and Timeline for New Builds in Edmonton 2025 | What Buyers Need to Know #newbuilds #edmontonalberta #movingtoedmonton