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#9648489 - 09/19/19 09:31 AM Re: And this is why first time home buyers are screwed. [Re: furball]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9483
Loc: Toronto, ON
Update to the guy who bought 1% of a home, then forced an eviction:

https://outline.com/kddbwM

Basically withdrew the original eviction notice, only to refile minutes after court adjourned

 Quote:
Landlord who bought 1 per cent stake in a house withdraws eviction notice — then promptly issues a new one[

 Originally Posted By: furball
Dafuq: https://outline.com/5W8PVe

[quote]The tenants of a semi-detached house in Toronto’s east end could be forced from their rental homes after a 1 per cent stake of the property, at a cost of $9,000, was transferred to a 20-year-old first-time homebuyer.

With that sliver of ownership, Jacky Bai Jun Liu also acquired the title of landlord and as such, seven people in two apartments in the house were informed, he would be pursuing his legal right to push them out because he intended to move into the home near Danforth and Greenwood Aves.


 Quote:
The bulk of the east-end house, 99 per cent, belongs to George Chiang and Harriet Ho-Yin Chung, who bought the home for $230,000 in 2001, property records show. It is one of 17 houses the pair own in Old Toronto. The couple, according to their personal websites, are members of both the Canadian and Hong Kong arts communities.

A transfer document from the Land Registry Office dated June 18 shows that spouses Chiang and Chung transferred a 1 per cent interest to Liu, identified as a first-time homebuyer, worth $9,000.


Edited by furball (09/19/19 09:39 AM)

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#9650664 - 09/23/19 10:06 PM Re: And this is why first time home buyers are screwed. [Re: furball]
A2B-Lexus Offline
Post Master Supreme


Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
Got the keys last week. Gave them to the contractor the next day and he ripped out EVERYTHING from floor to ceiling. Picked some AC4 laminate flooring and if all goes well, we should be in by mid/late November.
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#9650679 - 09/23/19 10:34 PM Re: And this is why first time home buyers are screwed. [Re: A2B-Lexus]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
Nice! Just in time before snow \:\(
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#9650759 - 09/24/19 08:29 AM Re: And this is why first time home buyers are screwed. [Re: Hatorade]
Big Tasty Offline
Post Master Supreme


Registered: 02/10/02
Posts: 19600
Loc: Toronto
Nice, congrats. You will all settled by Christmas and enjoy the holidays in the new digs.
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#9653256 - 09/27/19 08:42 PM Re: And this is why first time home buyers are screwed. [Re: Big Tasty]
A2B-Lexus Offline
Post Master Supreme


Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
super excited....we are moving out of our current place this weekend.

Our contractor found where mice was coming in. We decided to get rid of the gas fireplace and BAM......mice shit everywhere.

Joys of home ownership.

Also did our energy audit via Enbridge....going to get a new furnace, new water heater and new windows.

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#9657005 - 10/04/19 07:44 AM Re: And this is why first time home buyers are screwed. [Re: A2B-Lexus]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9483
Loc: Toronto, ON
Luxury staging: https://outline.com/Hm77X4
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