Posted February 23rd, 2008 in Real Estate, Sharing the Experience | 
Courtesy CTVGlobeMedia
Developer 0 – Buyers 0
78 Buyers won’t get to move into their new condos. Eden Development says the banks have taken over the project.
Choice is no Choice
Options for the Buyers – buck up more money or walk away and loose three years of market increase.
This has happened before according to CTV.
Courtesy CTVGlobeMedia
Check this CTV News video for the full story – “Developer of The Sophia runs out of money”
Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email.
Larry
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Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more.
If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.
Of course, if you got some questions I’m around for that too.
Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.
*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.