Backing out of a Real Estate Transaction Could Cost you BIG TIME! #shorts

With the steep rise in lending rates, some buyers may be considering backing out of their real estate transaction prior to closing, but buyer beware, doing so could cost you BIG TIME!

#CanadianRealEstate #BCRealEstate #BuyingRealEstate

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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.