Remediation = $$$
Posted on July 25, 2007 in property
Today I spoke to a Realtor who had one of the $170k condos for sale on MLS. He said that it was sold, and the buyers are getting their financing in order.
Apparently it’s been hard for buyers to get financing b/c the building is probably going to have to go under remediation. He said the strata documents suggest the building has suffered water damage. Yikes! No wonder those condos were dirt cheap!
Oh well.
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[...] yesterday when I got the call from the Realtor about his $170k condo listing with water damage (who, FYI, was very pleasant and helpful), I was still waiting on the call from [...]