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Assigning an Investment Condo

Dear David, I purchased a new build condo as an investment rental when the market was on its upward swing in 2021. The property was supposed to close in two years. I just received interim occupancy, but interest rates have gone up, property values have fallen, and I no longer think I can afford this

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Ask David

How long does interim occupancy take?

Dear David: We bought a brand-new freehold townhouse and have received interim occupancy. How long does it usually take for this type of unit to reach final closing? – WAITING PATIENTLY DEAR WAITING: Your question concerns me because interim occupancy is not generally involved in the purchase of a freehold townhouse. In a freehold property

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