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March 10, 2023 17 mins

#029 RSIRE Milli Fox Shares Her Experience Getting To Her Dream Home

 

Milli Fox and her husband Junior decided to purchase a pre-build 3 bedroom condo, based on plans and thought it would be perfect for their life. Milli had resisted the suburban life, and envisioned a perfect life downtown. By the time the condo was ready and they were conducting their PDI, pre delivery inspection, they had a 2.5 year old and it was one week from closing. They quickly realized that with another child on the way and the need for home offices, this condo would NOT suit their needs. A quick visit to Milli's in-laws house in Whitby confirmed that they needed a free standing home with a basement and a yard. How did they deal with the condo by getting a 1 year mortgage and purchasing a single family home, and what would she have done differently?

 

Denise mentions in the podcast how many people buy pre-builds strictly off plans, and like Milli, once they take possession years have passed and the condo no longer suits their needs, forcing them to settle with the condo, or sell it potentially at a loss and find something else.

 

Join host award winning mortgage broker Denise Laframboise each week as she brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories.

 

To get in touch with Denise:

 

Web: http://DeniseLaframboise.ca

Email: mortgage@DeniseLaframboise.ca 

Phone: 289-645-1568 ext 1

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