
In a shocking turn of events, Tarion faces a monumental $90 million claim amidst Ontario builders' defaults, leaving consumers in jeopardy. Join real estate and mortgage broker Priti Rao as she delves into the details of this crisis, its origins, and its implications for home buyers. Discover the challenges facing Ontario's housing market and the crucial role of consumer protection. Stay informed and safeguard your investments in this turbulent real estate landscape. I hope you find this episode helpful and love it. Please feel free to drop your questions in the comment section below. I will be more than happy to answer them all. Chapters: 00:00: Introduction: The $90 Million Claim Shaking Ontario's Real Estate Market 00:57: Background: Tarion's Role in Consumer Protection 01:36: Crisis Unveiled: Exploring the Surge in Claims and Market Challenges 02:43: Revealing State-view Homes' Regulatory Oversight Gaps 04:01: The Importance of Research and Due Diligence for Home Buyers 04:57: Tarion's Response and Proposed Measures for Reform 05:36: The Call for Comprehensive Reforms and Deposit Protection 06:04: Conclusion Interested in tips and tricks for buying & investing in real estate? ❣️❣️Subscribe here🔴: https://bit.ly/realtorpreetiraoyt ✅Get in Touch With Me: 📧 Email: preeti@searchrealty.ca 📱 Phone: 416.573.6691 ➡️ Visit my Website: https://www.preetirao.ca ⬇️⬇️Follow me below⬇️⬇️ Instagram: https://www.instagram.com/realtorpree... LinkedIn: https://www.linkedin.com/in/realtorpr... Facebook: https://www.facebook.com/realtorpreet... Twitter: https://twitter.com/realtorpreetirao#realestateinsights #canadarealestate #tarioncrisis #tarionclaim #ontariohousingmarket