If you recently bought a newly constructed house or condo, prepare yourself – you may end up waiting longer than you originally expected.
A Toronto couple is sounding the alarm after they have found themselves in limbo, waiting to take full possession of their new home. They were supposed to move in last Friday, a year and a half after the original move-in date!
The move-in date has been moved multiple times. When it was eventually set to August 28, the couple ended their apartment lease and booked movers. But yet again, the builder has pushed the date back, meaning they have no place to live.
Read the whole story HERE at CBC.ca, including advice from a Toronto real estate lawyer.
Have you found yourself in a similar situation? Do you blame developers, or buyers who don’t take enough time to read the property agreements that they sign off on?