Feeling they’d overpaid for the property and having trouble making the down payment, the couple pulled their offer. The homeowners sued, and in a court decision this month, the judge ruled Lea and Hu had to pay the difference. The bid was accepted, but not long after the market cooled and the Newmarket couple had second thoughts. According to court documents, homeowners Douglas and Sheila Gamoff listed the Stouffville property for $2 million on March 29, 2017. While the couple paid the first instalment, they withdrew from the second, citing financial complications, according to the court decision.

Source: thestar April 16, 2018 00:22 UTC