Tag: buy my house

Housing crisis: One in seven homeowners worry they’ll be forced to sell due to rising cost of living — Finder

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Rising interest rates are inflicting pain on stressed homeowners and investors, which could see a rise in distressed property sales this spring, according to new research by Finder.

A whopping 39 per cent of Aussie mortgage holders – equivalent to almost 1.3m households – said they struggled to pay their home loan in August, according to Finder’s Consumer Sentiment Tracker.

And two in five (40 per cent) of property investors are struggling to keep pace with soaring mortgage payments and are worried they will have to sell their investment home.

RELATED: Where to find Victoria’s interest-rate proof suburbs

The gap

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GTA developer ordered to pay $180K after illegally selling pre-construction homes

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A Toronto-area developer has been ordered to pay more than $180,000 after pleading guilty to selling a new home without a licence, according to Ontario’s home construction regulator.

Ideal (BC) Developments Inc. was never licensed to sell homes in the province yet it illegally accepted hundreds of thousands of unsuspecting buyers for new homes in Richmond Hill, Ont., the Home Construction Regulatory Authority (HCRA) said in a news release issued Dec. 18.

In 2022, CBC Toronto reported that Ideal (BC) Developments Inc. was the subsidiary company of a failed development that had left several buyers in limbo. CBC Toronto had

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Melbourne Cup-winning horse owner Vin Sammartino saddles up to sell Kew trophy home

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103 Sackville St, Kew, - for herald sun real estate

Hacer Group’s business development manager Vin Sammartino and wife Leigh Ferrier are selling 103 Sackville St, Kew.

Construction boss and horseracing bigwig Vin Sammartino and wife Leigh Ferrier have listed their trophy Kew house with a $15m-$16.5m price range.

In addition to his role as building company Hacer Group’s business development manager, Mr Sammartino is part of the syndicate behind thoroughbreds Almandin and Rekindling — who took home the 2016 and 2017 Melbourne Cups, respectively.

RELATED: Kew: Bondi Sands’ co-founder Blair James, wife Melanie set to farewell home

1890s mansion hidden in private pocket of Melbourne hits the market for

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