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Imagine Buying a property not closing and then losing another $408526 to the sellers 😬

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Ricky Rathore

Imagine Buying a property, not closing, and then losing another $408,526 to the sellers because sued you and won? Checkout Wynn v. Kentris (2024 ONSC 3347)!
The buyers counterclaimed, alleging that the real estate agents involved misrepresented the value of the property and that their inability to secure financing was due to poor advice from the agents.
Ricky Rathore, BComm., LL.B(hons), ABR®, SRS®
Lawyer Real Estate Lawyers Rathore Baig Law Professional Corporation
Real Estate Broker ** RE/MAX Metropolis Realty

The content provided is for informational purposes only and is based on information available at the time during which it created. No recommendations are express or implied either directly or indirectly. Do not rely on this content to make business or financial decisions or decisions otherwise. Always consult with a professional to seek advice relevant to your individual situation. Not intended to solicit contracted clients.
Based on GTA Freehold not including Halton.
#RealEstateAdvice #rickyrathore #rickyrathore #realestatehacks #realestate #realestateagent #realestatetips #remax #remaxmetropolis #fyp @RE/MAX METROPOLIS

posted by lagertfk