What to do if payments rise

Image: Contributed

Several people throughout the Okanagan purchased properties, usually condos, a couple of years ago—well before the building was completed. Fast forward a couple of years, and now with interest rates higher these same buyers are receiving completion notices letting them know their payments are due as their buildings are finishing.

Things have changed for some people over the last few years and financial constraints could be coming into play, so what can a purchaser do? Lawyers Clay Williams and Tanvir Gill discuss in this episode of Law Talk.

As always, send your legal questions to [email protected].

• Camping Daze at Traveland When it comes to fun, freedom and family time, there’s nothing quite like vacationing…
  READ MORE
• Habitat’s 50/50 takes off Habitat for Humanity Okanagan’s You Win, We Build 50/50 lottery is back and its…
  READ MORE