Sellers still occupying home in Vancouver that they sold for $3.9 million a year ago

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The former owners of a home on Vancouver's west side have continued living in it despite selling it for nearly $4 million last June. Last week, they won a court case that will prevent the new owners from evicting them for at least a little while longer.
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Опубликовано:

13 июн 2024

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Комментарии : 77

@NoGattsuNoGlory 26 дней назад

That is messed up. Squatting after you sell. Actually a smart move but definitely a evil loophole

@Observer168 26 дней назад

Buyers held back $100k so the sellers are refusing to move

@theehans 26 дней назад

A rental agreement is not squatting, does your brain even function?

@Observer168 26 дней назад

@@theehans the agreement has expired

@shari9721 25 дней назад

@@Observer168 the buyers held back $100 000 out of the purchase price so they didnt pay for the house and broke the sales agreement .

@Cyberman-nz3gr 23 дня назад

@@theehansthat rental agreement sounds like crap to me. If they’re not selling, don’t list the house on sales market

@baruchspinoza3106 26 дней назад

The legal system is Canada is a very expensive and not funny joke.

@natex4398 19 дней назад

Try the states lol

@adamrogers9386 19 дней назад

Lol idiots rented the house they bought to the sellers...stupid move.

@NN-lx4mb 25 дней назад

What a nightmare for the buyers. Sellers clearly have zero class.

@wc4109 24 дня назад

You forgot, the buyer withheld $100k from the seller…

@NN-lx4mb 24 дня назад

@@wc4109 yes that they would get once they moved out. Those were the terms of the PSA, along with how long they could stay.

@bertgummer8125 26 дней назад

Resell it. Or pay the local leg breakers a couple k

@hchaud5267 24 дня назад

3,8 milion for that wow what a joke

@GearsDemon 17 дней назад

3.9

@denverwynn4 24 дня назад

Tenant / Landlord rights need to change.

@DanSmith-xj3cr 26 дней назад

So we have rich squatters now. No sympathy for the sellers. They are 100% taking advantage of the buyers and BC’s joke of a residential tenancy board. Hope the purchasers get lots of money in damages from them.

@jody-ne7xs 26 дней назад

Squatters rights are human rights in a liberal democracy Canada.

@Observer168 26 дней назад

The buyer still owes them 100k. They won’t move out unless it’s released

@theehans 26 дней назад

The owner signed the contract for them to stay, legally it's still their right to stay.

@Observer168 26 дней назад

@@theehans they are staying past the date on the contract

@shari9721 25 дней назад

@@Observer168 they havent been paid for the house , they are still owed $100 000 , the buyer did not pay the agreed upon price . .

@jimedge8301 25 дней назад

Real estate agents and lawyers should of never given the bulk until they moved out.

@tvted6160 25 дней назад

Canadian justice system is a joke. Go reclaim your home by force. Worse case scenario, you’ll do 2 weeks in jail.

@trailhiker8063 25 дней назад

What a nightmare.

@alanj9978 25 дней назад

Your clients are squatters. Move out and then get your 100k back. Christ.

@BonaKim-hd8ec 25 дней назад

Sellers and buyers are in a Mexican standoff and the lawyers plus realtors get richer 🎉What a wonderful world.

@Womba1009 25 дней назад

Wow talk about getting screwed

@wc4109 24 дня назад

It’s not clear who’s right or wrong here… Some said the sellers are squatting, but the buyer kept $100k of the sale price… Now if the buyer agree to pay the remaining $100k (minus rent), would the seller agree to leave? Then we’ll know better…

@kurlis 26 дней назад

Well, that escalated quickly

@bobinabuddy 21 день назад

Why didn’t the ‘offer to sell’ hold the sellers accountable?

@hchalz 21 день назад

Brilliant! This is the new way to survive high cost of living in Canada. If you are smart, the Canadian government has created ways for you to live rent free.

@bobinabuddy 21 день назад

Landlord tenant issue…..I think not….nobody will buy a house with this crap going on!!!

@damit857 24 дня назад

3.9 for that WOW 🤦‍♂

@maggietodd464 25 дней назад

The new owners should have given the seller their 100,000 back and it would be done.. Ignoring the request didn’t serve them..

@lalalalalalalala4264 22 дня назад

I think the attorney said sellers weren't paying rent, that is why the buyers are refusing to give back the 100k. Either way, sellers are the scammer.

@DeHirvilammi 14 дней назад

Charge homesellers more money

@maryboudreau3470 18 дней назад

That's crazy

@BellaBella-jw9ef 21 день назад

They can’t afford rent in Vancouver 🤣🤣

@87yugo74 25 дней назад

What a gong show!

@vikkiandersen4643 24 дня назад

Fluck that you'd be gone from my home that I bought and paid for that you sold I'd make living there a living hell

@theflowpowa42oshow 4 дня назад

I said it before and I'll say it again. Real estate investing is risky business.

@Dracoool 23 дня назад

Is the seller Trudeau?

@catscattying 24 дня назад

Both parties are rich. I’ll concede the sellers are rich trash. But anyway this story incites zero empathy in me.

@theehans 26 дней назад

This isn't anything new. Renters/Tenants have full rights to their legal place of residents.

@timkelly7911 3 дня назад

Sick

@markb1764 25 дней назад

That is certainly an underhanded move May the squatters be repaid in kind

@whitepanther7041 7 дней назад

hahahahaha im going to keep doing this when i rent...ill just refuse to pay always

@50tigres79 24 дня назад

wonder what nationalities are they from

@helo604 26 дней назад

Homeowners taking advantage of sellers, who takes advantage of buyers, whose the previous are now squatters? Thats too funny!! 😂

@user-fl1pt4jf9v 25 дней назад

Both are being cheap in these cases. LOL. One side sold the house and the other side bought the house for 3.8M, meaning they aren't lack of money.

@yanshein4042 25 дней назад

I wonder who are those rich squatters. Anyone knows?

@helo604 26 дней назад

Homeowners taking advantage of home buyers, who takes advantage of sellers who are now squatters? That's too funny! 😂

@Observer168 26 дней назад

Buyer still owes them 100k that was held back

@starlight_44 24 дня назад

Seller is a crook, buyer a bleeding heart, u get what u pay for.😆

@whatthepick 25 дней назад

Well ... that is messed up both millionaires just won't settle lol.

@jimmybullharpurba 24 дня назад

this is why we need more Indian, in Indian justice this will not fly

@teresawilson3893 22 дня назад

🤣🤣🤣🤣🤣

@prabjotplays 26 дней назад

hahaha how dumb do you have to be to side with the old couple (buyers) from penticton. They kept 100k as damage deposit and never gave it back now they have squatters to deal with and will probably eventually have to return the 100k. who the hell keeps 100k as damage deposit and doesn’t return it. no surprise they made some enemies. should have returned the money

@Observer168 26 дней назад

Yup, pay what’s owed

@philisdaman99 26 дней назад

You realize that a damage deposit is for... damage? How are the buyers supposed to assess if there are damages to deduct from unless the sellers move out as agreed? It's exactly like how any rental works anywhere; you do a walk-through after the tenant (seller in this case) has moved out.

@prabjotplays 26 дней назад

@@philisdaman99 You realize there’s limits for damage deposit right? It’s equivalent to half a months rent no matter the size of the property. Keeping 100k for damage is ridiculous. The buyers probably kept such a large amount of money hostage in order to deter them from squatting but the sellers are probably worried they might have to sue and attempt to collect if they leave. These lawyers are a bunch of jerk offs who are just wasting time and collecting legal fees. the 100k should be placed in escrow with a neutral third party such as an escrow company or lawyer and paid to the original sellers once they move out on an agreed upon date.

@Observer168 26 дней назад

@@philisdaman99yes, a damage deposit is normally half months rent. Keeping 100k is ridiculous

@philisdaman99 26 дней назад

@@prabjotplays it's not a rental agreement that was signed; it was a purchase of a property and the limit you refer to does not apply on a property transaction. In situations like this where the possession is a long ways out, it is not uncommon for these amounts to be large because you don't know if something major will fail that far out like a boiler or a roof or something significant. I suspect there is more to this transaction than reported as these types of deposits are usually kept in trust by a notary. That being said, the sellers have to move out if they ever want that money released and they didn't do so... that is on them. The most likely scenario at the moment is that the sellers have seen an opportunity to live rent/mortgage-free and are taking advantage of it.