Homepathways
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Possession day is the best feeling — keys in hand, weight lifted, life transformed. That's what Homepathways does. homepathways.ca But you're not alone.
That $100k presale deposit in Surrey. What if the developer goes bankrupt?
You've invested your life savings into a BC presale. The fear of developer bankruptcy or project cancellation is real.
Here's the tough truth: BC's Home Buyer Rescission Period (HBRP) *doesn't* protect your deposit if the developer goes under.
While your deposit *is* held in trust by law, if the project cancels due to bankruptcy, getting it back can be a long, uncertain process.
It often means becoming an unsecured creditor. Your funds might not be fully recoverable, potentially leading to significant loss.
Review your Disclosure Statement carefully. Understand how your specific deposit is protected and your rights.
Full breakdown → https://homepathways.ca/presale-investor/presale-deposit-protection-bc?utm_source=facebook&utm_medium=social&utm_campaign=presale-investor&utm_content=carousel
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| Monday | 9am - 8pm |
| Tuesday | 9am - 8pm |
| Wednesday | 9am - 8pm |
| Thursday | 9am - 8pm |
| Friday | 9am - 8pm |
| Saturday | 9am - 8pm |