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Hm interesting …. I wonder what this is about

Interesting. Did you see what they were working on? Maybe taking everything apart? Did you take any pictures?

Yes. This is great news, we may be able to get our deposits back as early as March~April.

Thx for sharing!

Even their lawyers on the take lol

You can stop counting now, it’s been over lol. Don’t get your hopes up, it’s just more distractions.

Funny thing back at that time, I was reluctant because thought the prices were high 😂

I’m too butt hurt to accept 750 considering the low price I got back in ‘17 lol, I’m just gonna take my deposit, wash my hands clean of this whole fiasco, and move on from it.

Damn, sorry about that. Good though you didn’t get the extra parking. I’m probably just gonna take my deposit back if price increase is more than 10%. Fuck precon, this industry is dead.

Damn.. Our last hope is the new builder coming in to resume, doesn’t offer the units at enormous pricing and gives us something to really consider re staying on the contract 🤞

I’m surprised ppl were even called for upgrades. I bought in 2017 and didn’t even hear from them re design.

The economy and this experience, has made me decide never to buy precon again. Existing homes only now. Also precon too overpriced because of gov fees and taxes now, as well labor shortage and inflation. The value is in existing homes.

I emailed them, they replied.

Insane…

You watch Too many movies lol

They’ll get sued by vendors, lenders, and buyers. This receivership isn’t the last of what’s coming to them. It’s just the beginning. The lawyers will trace funds into their other businesses, bank accounts, and personal accounts or assets. They’ll get liquidated to pay the lawsuits.

I guess this is what the class actions will be for, put them out of business for good after they lose millions.

Man I really hope new builder can offer somewhat decent prices that we can really consider …

Do you think we can get our deposits soon? Like within 3 months?

From law firm holding deposits: “The situation is fluid and until there is some resolution and we receive information on how the project is proceeding we cannot comment except to advise that the Purchaser’s deposits are secure.” They sent this yesterday.