Real estate: is it possible to cancel a purchase contract?

Real estate: is it possible to cancel a purchase contract?

Brigitte Cedilot, a real estate agent in Toronto, says rising mortgage rates have dampened buyers’ appetites. Interest rates affect people’s purchasing powershe explains. The sales strategy, which consists of setting a specific date for receiving purchase offers (the famous offer datein English) generates much less than usual, he says. Brigitte Cedilot, real estate agent for …

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