@erinzeiadin: Ontario development enters receivership as buyers lose thousands #ontario #fyp #ontariorealestate #toronto #gta #barrie #realestate #torontorealtors #realestatenews #newconstruction #homebuyer

Erin Zeiadin 🇨🇦
Erin Zeiadin 🇨🇦
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Region: CA
Thursday 09 May 2024 11:10:12 GMT
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erinzeiadin
Erin Zeiadin 🇨🇦 :
https://www.cbc.ca/news/canada/toronto/barrie-development-receivership-1.7191542
2024-05-09 11:10:32
1
fatheroftwins2
Gen X :
Legislation needs to protect buyer’s deposits in trust accounts.
2024-05-09 11:48:39
12
mindsprings
Eurich O 🇺🇸 :
Deposits are protected by Tarion
2024-05-09 16:20:04
6
roccofromthesix
Rocco :
But you told me that real estate is never a bad investment 😭
2024-05-09 16:29:27
5
davepointing
Dave Pointing :
this is a common scam in Canada now, they cut corners in construction and if the cracks start showing they close the shell company and go again. who owns this developer?
2024-05-09 11:45:17
5
thebeardifulone
Beardiful One :
What happened to the liberals “unlocking homes”
2024-05-09 20:02:54
2
11eleven1122
Eleven11 :
It will be bought out by a bigger developer. The buyers should be ok.
2024-05-09 17:04:28
2
randomperson034
Random Person :
Condo deposits are 100% protected in Canada as they go into a Trust. If the builder somehow broke the law and not put them in a trust then Tarion only covers $20,000 but builders rarely do that.
2024-05-09 17:04:18
2
reignmotors
Reigninc. :
canadians was loving to buy drawings ans dreams .... take that llol
2024-05-11 06:12:46
1
crypto19600
crypto1960 :
What is Brown doing to you
2024-05-11 23:59:05
0
uziincdemo
Uzi :
Stateveiw started a trend!!!!
2024-05-11 01:44:13
0
mikebulkan
mikebulkan :
Because the price went up
2024-05-10 18:28:27
0
mikebulkan
mikebulkan :
I am trying to get my deposit back fro Digreen homes the are refusing to close
2024-05-10 18:28:13
0
sunshine110421
1969/11.34 :
few bad apples makes all the bucket bad they transfer deposit into their personal accounts Trudeau will not take any serious actions against because he is doing some howsame but large scale
2024-05-10 03:18:39
0
2023yyz
2023yyz :
So the deposits weren't held in escrow?
2024-05-10 03:12:13
0
mansomahy
davidfabrication :
more to come next 2 years
2024-05-09 22:16:43
0
maxbrzmackenzie
maxbrzmackenzie :
it’s up to you to do your homework before buying pre construction.
2024-05-09 20:40:53
0
maxbrzmackenzie
maxbrzmackenzie :
It
2024-05-09 20:40:37
0
dunlop200gpro
dunlop200gpro :
Never buy pre construction
2024-05-09 20:10:50
0
georgef511
#Stupid Lives Matter :
We must raise interest rates and make sure we kill any and all growth in Canada
2024-05-09 17:14:26
0
golfer1175
Troy :
While they paid themselves big bucks with borrowed money. The banks should be held responsible. They allowed the waste of money and trade money to be spent on Porsches. Home owners are done like di
2024-05-09 12:26:10
0
matador4571
matador45 :
so many trades people are so slow at the same time 😡😡
2024-05-09 12:01:08
0
matador4571
matador45 :
👏👏👏👏
2024-05-09 11:59:43
0
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