Lawyers urge caution as more Canadians lose deposits on presale homes

A new Canadian who lost his family's savings when he couldn’t close on a presale home is warning others to be wary. Sudip Sehgall said he found another buyer to take over the contract, but the developer refused and kept his $82,000 deposit. #RealEstate #Canada #News Watch The National live on YouTube Sunday-Friday at 9 p.m. ET Subscribe to The National: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 More from CBC News | https://www.cbc.ca/news The National is the flagship of CBC News, showcasing award-winning journalism from across Canada and around the world. Led by Chief Correspondent Adrienne Arsenault and Ian Hanomansing, our team of trusted reporters helps you make sense of the world, wherever you are.

Lawyers urge caution as more Canadians lose deposits on presale homes
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Channel: CBC News: The National  

A new Canadian who lost his family's savings when he couldn’t close on a presale home is warning others to be wary. Sudip Sehgall said he found another buyer to take over the contract, but the developer refused and kept his $82,000 deposit.

#RealEstate #Canada #News

Watch The National live on YouTube Sunday-Friday at 9 p.m. ET

Subscribe to The National:
https://www.youtube.com/user/CBCTheNational?sub_confirmation=1

More from CBC News | https://www.cbc.ca/news

The National is the flagship of CBC News, showcasing award-winning journalism from across Canada and around the world. Led by Chief Correspondent Adrienne Arsenault and Ian Hanomansing, our team of trusted reporters helps you make sense of the world, wherever you are.

Video length: 2:01
Category: News & Politics
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