A Windsor, Ont., woman who's a former homeowner says blind bidding wars have become so out of control that she's been priced out of the market and has no choice but to rent — despite being preapproved for a $450,000 home. Blind bidding wars have left her unable to afford anything listed at or below $450,000, since homes end up being sold for much more. I have a really good job, I have a good down payment and I have a preapproval and I still wasn't able to find a home. - Cristina Conciatori"Every house we went to with a list price in my budget went for well over the budget. "I have a really good job, I have a good down payment and I have a preapproval, and I still wasn't able to find a home.

Source: CBC News May 04, 2021 21:32 UTC