Unexpected letter came in the mailLast week, about 18 months after signing their purchase agreement, the couple got a letter from Castlepoint Numa, along with more than 100 other condo buyers. The company returned their deposits, explaining the condo project couldn't get construction financing. Museum FLTS just the latest condo project to failMuseum FLTS buyers aren't alone. Hundreds, if not thousands of other pre construction condo buyers have also been left in limbo. Real estate lawyer Bob Aaron says it doesn't take much for a proposed condo to fail.

Source: CBC News November 09, 2017 09:56 UTC