[Oceans13]

,KSV/OSLER want scam our deposits

Agreed..I would be missing the remaining $25k if this is the case

 

[UptownGirl]

That is for homes over $600k- mine was under ($565k)

It says right there on the link you posted "For homes with a purchase price of $600,000 or LESS, deposit coverage is UP TO $60,000."...so you would get your full deposit back....Unless you paid Vandyk more than the required 10%

 

[Oceans13]

It says right there on the link you posted "For homes with a purchase price of $600,000 or LESS, deposit coverage is UP TO $60,000."...so you would get your full deposit back....Unless you paid Vandyk more than the required 10%

A lot of us paid 15% so I’m not sure what you’re talking about..5% down each payment 3 times in total

 

[UptownGirl]

A lot of us paid 15% so I’m not sure what you’re talking about..5% down each payment 3 times in total

Ohhhh...When I purchased, I was only required to pay 10%. I thought that was the case for everyone.

 

[random]

So they aren't asking for not asking for a larger deposit, just for you to take out a larger mortgage.

A lot of us paid 15% so I’m not sure what you’re talking about..5% down each payment 3 times in total

Yeah, same 15%

 

[random]

Yeah, same 15%

Ohhhh...When I purchased, I was only required to pay 10%. I thought that was the case for everyone.

if we bought for over 600k, it’s up to 100k, no?

 

[UptownGirl]

Nope....Tarion is only covering up to 10% of the purchase price. Anything you paid after 10% isn't insured.....so if you paid 15%, 5% is not insured

 

[athundo]

What about the Trisura ECDI insurance? Shouldn't that pay out the remainder, at the very least?

 

[UptownGirl]

What about the Trisura ECDI insurance? Shouldn't that pay out the remainder, at the very least?

They didn't discuss that

 

[Deanfeb]

They didn't discuss that

Mine was 20% and the last payment when take possession

 

[athundo]

They didn't discuss that

Surprising considering that it is outlined in section 26 (c) of the Factum they presented to the judge.....

 

[UptownGirl]

Surprising considering that it is outlined in section 26 (c) of the Factum they presented to the judge.....

This judge didn't have any of the documents pertaining to Uptowns when the proceeding started. It was emailed to he during the proceeding. So obviously he didn't have the time to go through it. And they never brought it up.

 

[Deanfeb]

Surprising considering that it is outlined in section 26 (c) of the Factum they presented to the judge.....

I sent meg email askin about deposits n srlaw told me deposits was moved to ksv n also stated in previous motion

 

[athundo]

This judge didn't have any of the documents pertaining to Uptowns when the proceeding started. It was emailed to he during the proceeding. So obviously he didn't have the time to go through it. And they never brought it up.

This is crazy...signed off on $120M without any documents. And we wonder why developers are comfortable with doing whatever tf they want. Courts are an absolute joke.

 

[Deanfeb]

This is crazy...signed off on $120M without any documents. And we wonder why developers are comfortable with doing whatever tf they want. Courts are an absolute joke.

Well if it boils down for going thru Tarion etc maybe we should get one lawyer and file claim n also class action lawsuit to ksv just like everyone else fir value lost over 6 years