Quote:
Originally Posted by EndLeSS8
So my parents helped my wife and I to buy a pre-sale apartment near Metrotown. It's due for completion in 2017
I got a phone call yesterday from the realtor who sold it to us, saying that she has on offer for my place (again, unfinished, due to complete in 2017) of $100k above what we're paying for it. She says we'll pocket $80k out of it
Seems shady....
I'm new to this whole crazy real estate crap, any thoughts?
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Seems shady but they might have a client looking in the area?
80k in your pocket seems like a great investment but just be weary that if your place has gone up that much in value everything in the area probably has and you might be stuck out of the market or caught in a bidding war.