Off Plan Buyer Loses $60k

#RealEstate #OffPlanPurchase #NewZealand

A student has lost $60k purchasing an apartment off the plan because she is unable to obtain funding at settlement. Sadly people need to learn that prices do not always go up.

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Sugartree apartment buyer decries $60k deposit loss, developer says ‘hard lesson to learn’

‘Sadly, the agent was my mum’ – Sugartree unit buyer lost $60K deposit, can’t settle purchase