Discover and read the best of Twitter Threads about #stateviewhomes
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A builder with a presold site for almost 150 homes in York Region is now confidentially selling the site & all 150 homebuyers will get deposits refunded & agreements cancelled. Pretty sure they were “reservation agreements” so they have zero legal value. I have warned about such… twitter.com/i/web/status/1…
Update on this developing story - this builder is now selling 4-5 sites, each with 150-300 presold/reserved homes. If one looks back at my tweets from one year ago, I had actually identified the builder and described exactly what’s unfolding now. Spoke to journos and regulators… twitter.com/i/web/status/1…
They are selling their Ferraris. AMG Mercedes, their Rolex sky dweller watches. Firing their in-house custom tailor, in-house legal counsel & about 70% of their staff. 2nd & 3rd mortgages on newly bought mansions in York region. Selling off lots of extra office space they bought… twitter.com/i/web/status/1…
