TRAPPED: You Can't Sell. You Can't Pay. 500,000 Homeowners Stuck with Negative Equity

Описание: You sit at the kitchen table. You want to sell your house to escape the crushing mortgage payments. But the real estate agent gives you the bad news: "You can't." You owe the bank $800,000. But your house is now only worth $600,000. To sell this house, you have to write a check for $200,000. You don't have it. So you are trapped.

In this episode, I expose the "Negative Equity" prison that has locked 500,000 Canadian families into a financial death spiral. Unlike in the USA, Canadian mortgages are "Full Recourse." You cannot just walk away. If you hand back the keys, the bank will sue you, garnish your wages, and destroy your future.

This is the silent crisis nobody is talking about.

#NegativeEquity #RealEstateTrap #Canada #MortgageCrisis #Debt #Bankruptcy #Foreclosure

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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.