Can Developer Jack Up Your Price After You Bought?
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Timestamps:
00:00 Introduction
00:30 Can you get your deposit back if the project is delayed for years?
04:41 Can developer jack up your price after a binding agreement?
Last Week's Episode: • Common Misconception: ...
Q1: The Great Misconception: Buyer's Market vs Housing Supply
Q2: How to Get Market Rent When Your Unit is Under Rent Control?
🔑 Key Highlights in This Week's Episode:
Deposit Refunds in Delays:
Discover what happens to your deposit if your condo project is delayed. Learn about your options for canceling and getting a refund, complete with real-life scenarios.
Price Changes After Contract:
We dive into the legality of price increases after a binding agreement. Understand your rights and the developer's limitations in the Canadian real estate market.
Real-Life Case Studies:
I share compelling stories from the Toronto real estate scene, including the fascinating case of 8 Cumberland and The One Project, providing valuable lessons and insights.
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Thank you for watching, and stay informed about your real estate decisions!
Пікірлер: 7
Dan, thank you for your very detailed analysis! You really answered my questions!
Thank you
With the ridiculous interem occupancy fee's at 8% I guarantee you nobody is smiling right now. Your clients are probably annoyed it completed at the height of interest rates.
It maybe good for those who's situation had change & maybe they couldn't afford to close on the deal anymore. But for everyone else it is better to close on the deal & retain your full profit/equity.
Can you do a video on stateview homes and their projects in barrie and Markham and how they are now in receivership?
Great video with insights!
This dude is like a blind bull in a China shop Doesn't matter what's going on in the housing market. Just don't sell, never sell only buy. This video could just be him screaming "BUY CONDO" over and over again and it would have gotten the same message across