gquest
Active Member
it is "CONFIDENTIAL". For the judge's eyes only. Once he approves it, KSV will reach out to use individually.
- Thread starter gquest
- Start date
gquest
Active Member
Some interesting snips
nicolephillipe
New Member
What a nightmare roller coaster this has been. Recommendation for a real estate lawyer?
Who are you going with?
Thanks
Who are you going with?
Thanks
jbaa1
Active Member
2027 October closing ??
Deanfeb
Active Member
Guess that will be after oct15, and i am leaving for overseas oct16..crap also read something like the new prices will be 13% below avg gta current pricing. .. thats bs with dev charges etc will be more than current.. just send me my deposits pls, also if most people pullout , then they will have increase prices much higher to cover resale marketing etc thus project will not probably go through seeing the current selling prices.. well let see the new prices..
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SRAMP
Active Member
I don’t want to spend extra money with lawyers. I will just get out of this project. Do we need to contact lawyer to get out of this project?
jbaa1
Active Member
Ya I’m not waiting for October 2027 closing and entering this price increase roulette with KSV.
I’m out, deposits asap please.
Oceans13
New Member
Such a long document, thank goodness for this forum. Cause I need help deciphering it!
I am also wanting out and my deposit back- not going to wait until 2027 and give them more money!
jbaa1
Active Member
I forgot about VANDYK for a moment , thought I was dealing with KSV the whole time
gquest
Active Member
My condolences to the first-time home buyers who purchased this project in 2017/2018 and are now faced with the difficult choice of either accepting price increases or canceling their agreements. This situation sets them back in their pursuit of home ownership, especially given the significant changes in the market. Unfortunately, buyers often lack adequate protections.
Deanfeb
Active Member
Dont think so, when they contact you individually to sign new agreement with new prices then you opt out and their lawyer will have to return deposits as it is with them now (Osler). The 42 units that that wont get price increases are the last phase they sold i guess which is way above todays prices.
Deanfeb
Active Member
True .. they dont care Kingsett ksv
Deanfeb
Active Member
I just replied to Sierra (osler) confirming this is my preferred method of contact via email.. so hopefully get info quickly
Deanfeb
Active Member
My take on this is that .. this deal wont go through as many buyers will opt out and kingsett wont be able to recover the loans via this deal so as ksv said then they would not proceed with project as not get the loans so kingsett will just buy the current project at a great deal and resale as new project sometime later..
gquest
Active Member
That is the end game. They'll be like "Mr Deanfeb, the current market $760k for this your floor plan. Since your initial APS was $450k, please pay $661k. You have 30 days to accept or your initial APS is cancelled"