EPISODE · Jun 6, 2025 · 23 MIN
Why Defaulting on a Condo Could Cost You More Than the Deposit | Episode 170
from David and David on Real Estate · host David and David on Real Estate
David Korman and David Gorski are joined by litigation lawyer Jake Newton to break down what really happens when buyers walk away from real estate deals, especially in today’s shaky pre-construction market. Jake shares real-life scenarios where defaulting on a purchase doesn’t just cost the deposit, but leads to massive damages and years of litigation. They explore builder strategies, market trends, and why contracts still rule everything. If you're an agent or investor, this episode is packed with legal insight you can't afford to miss.SUBSCRIBE TO THE PODCAST ► https://www.youtube.com/kormans🔗 Get a free consultation: https://linktr.ee/Kormans📖 Grab a Copy of My New Book: https://www.thebible3.com/✔ INSTAGRAM: https://www.instagram.com/kormansllp/✔ TIKTOK: https://www.tiktok.com/@kormansllp✔ TWITTER: https://www.twitter.com/kormansllp✔ FACEBOOK: https://www.facebook.com/kormansLLP✔ LINKEDIN: https://ca.linkedin.com/company/kormansllp
What this episode covers
David Korman and David Gorski are joined by litigation lawyer Jake Newton to break down what really happens when buyers walk away from real estate deals, especially in today’s shaky pre-construction market. Jake shares real-life scenarios where defaulting on a purchase doesn’t just cost the deposit, but leads to massive damages and years of litigation. They explore builder strategies, market trends, and why contracts still rule everything. If you're an agent or investor, this episode is packed with legal insight you can't afford to miss.SUBSCRIBE TO THE PODCAST ► https://www.youtube.com/kormans🔗 Get a free consultation: https://linktr.ee/Kormans📖 Grab a Copy of My New Book: https://www.thebible3.com/✔ INSTAGRAM: https://www.instagram.com/kormansllp/✔ TIKTOK: https://www.tiktok.com/@kormansllp✔ TWITTER: https://www.twitter.com/kormansllp✔ FACEBOOK: https://www.facebook.com/kormansLLP✔ LINKEDIN: https://ca.linkedin.com/company/kormansllp
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Why Defaulting on a Condo Could Cost You More Than the Deposit | Episode 170
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