Trial and Tribulations of Buying Pre-Construction Condos

February 11, 2015

No sooner had I returned to Victoria, B.C., in late September 2011 than Eddy the Realtor phoned me with the happy news that Sergio, our developer, had decided not to tile our terrace. This was because he said we bought our condo for a fraction (55 per cent) of what he thought it was worth. In his mind he had been taken.

I felt my not yet rested veins begin to throb again. I massaged my temples vigorously. What was going on? How could somebody be this arbitrary? We had a deal on paper. I was now staring at . . .

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