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Trouble for Some Presales Units Bought At The Peak of The Market

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Uploaded by on Dec 2, 2009

Vancouver Condo Real Estate Video Blog #457 - December 3, 2009

Trouble for Some Presales Units Bought At The Peak of The Market

Ian Watt video blogs about how some Vancouver condo units purchased at the peak of the market, which are just coming to completion, have had a tough time getting financing because the purchase price is much higher than the appraised value. In order to get financing some purchasers have had to take out lines of credit to make up the differences. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

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