Monday, December 13, 2021

PAY MORE, OR FORGET IT

Dozens of would-be homebuyers who've invested in pre-construction units across southern Ontario say developers are trying to charge them more money in a move that, for some, hurts their chances of ever owning a home.

Citing insurmountable delays and construction costs related to the pandemic, several developers have cancelled sales agreements, then offered the same buyers a chance to pay tens of thousands of dollars more for the same units, the potential purchasers told CBC News.

Some who decided to walk away with their deposits said developers then relisted the units at higher prices.

No comments:

Post a Comment