Buyer Who Walked Away From Real Estate Deal Pays $360,000
1. BC buyer 2. May 2016 - No Subject Offer Made @ $1.26 milion 3. August 2 - 15% Foreign tax put in place with 1 weeks notice 4. Market drastically changes 5. Buyer thinks he can walk away 6. Supposed to close for Sept 1 7. Does not close 8. House is eventually solved for $910,000 to another buyer 9. Loss of $350,000 10. Law suit put into place 11. Buyer does not respond to law suit 12. $360,000 judgement given to seller
