NEGATIVE EQUITY: Why You Still Owe The Bank $100,000 After Selling Your Home

Описание: You finally sold your home to stop the bleeding. You think the nightmare is over. But at the lawyer's office, you are handed a bill instead of a check. You don't just walk away with nothing—you owe the bank $100,000 after the sale. 🚨

In this investigative report, Canada Property Watch exposes the terrifying reality of Negative Equity and Deficiency Judgments. Unlike in the US, Canada is a "Full Recourse" jurisdiction. We reveal why handing back the keys won't save you, and how banks can garnish your wages for 10 years to pay for a house you no longer own.

In this video, we break down the math of "Zombie Debt" in 2026:

The "Transaction Friction" Trap: How commissions (5%), legal fees, and the $50k Mortgage Penalty turn a "break-even" sale into a massive debt. 🏚️

Full Recourse Loans: Why you can be sued personally for the "Shortfall" (Difference between sale price and mortgage balance).

The CMHC Insurance Myth: Why mortgage default insurance protects the bank, not you (and how insurers sue borrowers).

Cross-Default Contagion: How selling a rental property at a loss can force the bank to seize your principal residence.

Insolvency & Bankruptcy: The brutal truth about Consumer Proposals as the only exit for many "Mortgage Prisoners." ⚖️

The bank is not your partner. It is a secured creditor pursuing a debt. Don't sign the closing papers until you know the true cost of the exit.

📺 WATCH THE FULL COLLAPSE SERIES:

Panic Selling (Market Crash):    • PANIC SELLING: Why 500,000 Homes Are Hitti...  

The Penalty Trap ($50k Fine):    • THE PENALTY TRAP: Why Banks Are Charging $...  

Lump Sum Trap (Renewal Crisis):    • LUMP SUM TRAP: Why Banks Are Demanding $10...  

The Audit (CRA Crackdown):    • THE AUDIT: Why Banks Are Recalling "Brampt...  

👇 SUBSCRIBE to get the unfiltered truth about the Canadian debt crisis before the bank serves you a lawsuit.

#NegativeEquity #DeficiencyJudgment #CanadaHousing #RealEstateCrash #Foreclosure #PowerOfSale #Bankruptcy #Insolvency #DebtCrisis #MortgageDefault

👉 Don’t forget to like, comment, and ✅ SUBSCRIBE for more updates on this ongoing crisis.
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⚠️ DISCLAIMER: This content is for educational and informational purposes only. The creator is not a licensed financial, real estate, or legal professional. All analysis, data, and predictions are based on publicly available information and personal opinions, which cannot be guaranteed for accuracy or completeness.

Risk of Use: You are responsible for any financial decisions. The creator accepts no liability for any loss or damage resulting from reliance on this content. Always consult with a qualified professional before making any decisions.

This video is based on hypothetical scenarios and estimates to analyze potential trends in the British Columbia real estate market. All data mentioned should not be considered factual without verification from official sources.