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Many Chinese Canadians who have bought houses in recent months have made “big moves” in order to win in this “bloody storm”, with a substantial increase in fees and charges, unconditional offer, cash offer, exemption of loan conditions, and elimination of house inspection conditions. …
When dozens of people rob the same house, it’s hard not to “kill red eyes”.
However, there are people who win bets and those who lose bets.
Toronto, Canada, a Chinese family in order to grab their coveted villa, not only arrogantly increase prices, but also gave up the conditions for house inspection, and finally won the first place among many competitors and successfully won the big House.
However, this luxury villa, which excited the whole family, turned out to be a disaster and nightmare that kept them awake at night. CTV reported that the Song family, who originally lived in Brampton, decided to buy a large house in Halton Hills, a suburb northwest of Toronto, because they wanted a calmer, quieter environment and larger living space during the outbreak.
However, there are not a few people who share the same ideas with the old Song family. The suburban villa was robbed by a large number of buyers. In March, the old Song family was defeated in the bidding war. Originally, they thought they had missed out on the ideal house.
Unexpectedly, a few days later, the seller of the house contacted the old Song family, saying that as long as they bid higher and waived the conditions of house inspection, they could buy the house.
It is worth noting that the seller of this villa is also the listed real estate agent of the house. Real estate agents sell their own house, the abacus will be more sophisticated, this is not unexpected.
When he asked me to give up the room inspection, I hesitated for a moment. He went on to say, if you want a house, you have to give up.
I thought I really wanted the house, so I gave up. ” Ms. Song said. After the deal, this “lost and recovered” villa finally became the new home of Ms. Song and her husband and children. This house has no water supply.
Ms. Song had to spend C $10,000 to install water storage tanks and other equipment in the basement. However, this is just the beginning.
Later, the family discovered that there was also a major problem with the house’s sewerage system, commonly known as septic tanks. Usually, in Canada, some houses that occupy a large area and are far from the urban area, the water supply and sewerage systems may not be the facilities of the municipal government. Finally, Ms. Song spent C $120000 to replace the sewerage system. “I had to borrow money to repair this septic tank, and I was really devastated.”
In addition, the Song family faces other big bills, including repairing leaks in the basement-this seemingly high-end and classy villa is actually a bottomless pit that requires homeowners to keep spending money.
The president of the Ontario Association of Home Surveyors warned that if a seller offered to give up house inspection in a property transaction, it would usually be a “huge red flag”. “in a hot real estate situation, buyers may be asked to give up house inspection, but this is extremely risky.” He said.
Ms. Song, who was deceived by the house, said she now regrets that her intestines are blue. Ms. Song believes that this is a trap, and she hopes that everyone will learn from her. “I strongly suggest not to give up house inspection.” Only when the other party has something to hide, they will tell you to give up house inspection. ”
A real estate agent in Vancouver revealed that he had seen a particularly crappy house, which on the surface had just been renovated, but in fact, these renovations were designed to cover up various problems with the house.
Once the buyer buys the house without inspecting the house, it will cost at least C $350000 to replace the new foundation and new pipes.
A Chinese buyer once put down Offer because he didn’t check his room. it was only after the deal that he was surprised to realize that he had bought a marijuana house.
