An investigation has found that Hira Custom Homes had previously “attempted to sell homes that were already under an Agreement of Purchase and Sale, unjustifiably increased prices, did not comply with conditions on its licence, and provided false information to both purchasers and the HCRA.”The Home Construction Regulatory Authority continues to crack down on bad actors in the homebuilding game, and one of the latest is Hira Custom Homes Inc.
The specific complaint that brought Hira to the HCRA’s attention was related to a property at 91 Troiless Street, Caledon.that was sent to Hira’s principal, Kamal Hira, on February 12, 2024, says that the complainant — the purchaser of 91 Troiless — signed an Agreement of Purchase and Sale with Hira for $1,875,000 in 2018. Between 2018 and 2021, the complainant provided Hira deposits totalling $750,000, and was assured by Hira in 2021 that the home would be completed in three months.
“While engaging in this scheme, Hira also sought new home buyers for these homes that were under contract. On at least one occasion, the complainant discovered real estate agents showing their home to potential purchasers while Hira was refusing to close on their properties.” In any case, the HCRA is advising consumers to properly vet builders prior to working with them by checking the. It includes information on builders’ licensing statuses, as well as their conduct history with the regulator. That directory currently shows that Hira’s licence has been refused and that the company has 19 “chargeable conciliations” and owes over $1.61M to Tarion.
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