#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.
References
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