T.0.isthebest
Active Member
I think the ensuing discussion will be informative to seasoned, and new home purchasers alike.
I made a thread about this. Closing costs are open season on the purchaser and a giant F*** you to the buyer.
Sorry to hear about that. I'm curious to hear more about your experience though (PM if you want).
@uto123 in last 9-10 years of my investment career in real estate. I have to say that Bsar is the only builder that I would not buy another property from. They are very unreasonable, they will charge crazy amount of development levies and other "fees" at the time of closing. Here is a little taste e of what this builder is all about. I will never buy from Bsar ever again. The name of the guy who runs this development company Tyler.As a first time home buyer, I'd like to hear your thoughts and experience on this builder and how they have compared to other builders you've purchased from in the past. @condoinvestor @T.0.isthebest
The builder would not negotiate any caps. I should've taken this as the first sign but at that time I had just started investing in real estate and did not have many issues with developers. This building was delayed over 2.5 years from its original closing date.Condoinvestor, did you negotiate a cap in your agreement? If so, I would really be interested what were your closing costs? Also, what are extension fees?
@uto123 in last 9-10 years of my investment career in real estate. I have to say that Bsar is the only builder that I would not buy another property from. They are very unreasonable, they will charge crazy amount of development levies and other "fees" at the time of closing. Here is a little taste e of what this builder is all about. I will never buy from Bsar ever again. The name of the guy who runs this development company Tyler.
http://www.excal.on.ca/schulich-prof-implicated-in-evictions-in-low-income-neighborhood/