First buyer backs out of deal for Ajax house as market turns ‘weird’

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Best offer of four was accepted for Ajax house, but it fell through after the prospective buyer failed to provide a promised deposit cheque

Along the south end of the main floor – overlooking the yard – there is a family room with a gas fireplace.Despite competition from another house on the same quiet crescent street in Ajax, about 50 kilometres east of Toronto, this four-bedroom home received four offers. The best offer was accepted, but fell through after the prospective buyer failed to provide a promised deposit cheque.

“But things were starting to get weird in the market, and we were seeing things fall through all over the place.” “Two decided all of a sudden they weren’t interested and the fourth was, but we really had to negotiate on price,” Ms. Cameron said.This two-storey house sits on a 48- by 84-foot corner lot and has an unfinished basement and a built-in double garage.

 

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