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Why this homeowner accepted the lowest bid in London’s hottest market | CBC News

Juliana Aguero of London, Ont., knew she was going to have a tough time buying a house after she separated from her husband.

“Every time, I lost the offer for $100,000 dollars or something like that. It was crazy,” said Aguero who made about ten offers on homes within a span of three months.

The average price of a home in London is now more than $600,000.

Aguero, who moved to Canada from Colombia 11 years ago, has two children with her ex-husband. The couple decided they wanted to live in the same neighbourhood — near Victoria Hospital — and raise their daughters together. 

Juliana Aguero with her ex-husband David Cuellar and their children Valeria and Santiago when the couple was still married. (Submitted by Juliana Aguero)

That’s when Aguero found a three-bedroom condo listed for $330,000. It seemed like a good deal; other units in the building were listed for $20,000 more.

Aguero offered $375,000.

Paying it forward

“When my realtor came, she actually started with Juliana’s offer,” said Damian Devonish, a London-based therapist with three children. “[She] said, ‘This is a really touching story I know your heart and I know that you will want to give it to her.'”

Without her knowledge, Aguero’s realtor had included a letter with her offer, detailing her client’s backstory. 

Devonish, also a recent immigrant, arrived in Canada eight years ago from Barbados, and believes strongly in paying it forward.”We don’t know how life will treat us 10, 15, 20 years from now. So the best thing to do is to live it well today.”

Damian Devonish, who moved to London from Barbados eight years ago, pictured here with his three children, Destiny, Caden and Dasha. (Submitted by Damian Devonish)

“I really didn’t have a lot of money when I came to Canada,” He said. “I was having difficulty getting a job because I needed a vehicle.” 

Devonish found a car on Kijiji and remembers how the seller agreed to take $500 less for it, and also threw in a set of winter tires. 

And that’s why when Devonish reviewed all the offers on his condo and Aguero’s was the lowest, by about $50,000, he still accepted it.

“I just feel so blessed,” said Aguero who takes possession of the home on May 6th. “I’ve cried. I cannot believe there are people like Damian,” she said.

And during an interview on CBC’s London Morning, Aguero spoke directly to Devonish, “I’m absolutely sure you will receive many, many blessings in different ways. Thank you! Thank you! Thank you, from the bottom of my heart.”

London Morning10:38Selling a home to the lowest bidder

Damian Devonish recently sold his condo after receiving multiple offers. After hearing buyer Juliana Aguero’s story he chose her bid, even though it was the lowest. They both joined London Morning with the story. 10:38

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