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Have you purchased a property in last two three months? Prices have started to decline since then and interest rates have started to go up. You are thinking can I back out of my deal? It's not as simple as it sounds and there are consequences to it and that is what we are going to discuss in this video so stay tuned. Hello this is Sonia your local realtor with REMAX Realty Specialists. Welcome to my channel where we love talk about real estate and all things in and about Greater Toronto Area and we would love to take you along the ride so hit that subscribe button and the little bell icon so you get notified every time there is a new video uploaded. After soaring for the last couple of years, house prices in The Greater Toronto Area and beyond are now falling back to earth and that's left some buyers who bought when prices were at their highest looking to get out of their deals. But many of these buyers are finding that walking away from a bad deal is no...