Rent-to buy plan leaves couple homeless
People living in a Maple Ridge neighbourhood banding together this weekend to help a retired couple evicted from their own home. The couple had entered into a “rent to buy” plan with a realtor and mortgage broker. But when they couldn’t make their payments, their house was seized. Now the couple’s lawyer claiming others have also run into problems with plans like this, and major financial oversight is desperately needed. Julia Foy reports.