Greed and all the fake mortgages is going to sink this market. Home prices are crashing, monthly payments are going up at renewals and fraud are being caught 😢
@suneelmehra60044 ай бұрын
Good quality discussion and reporting. Useful for community awareness. Key message - do due diligence, plan your cash flow in the best and worst case scenario. What are the predictive indicators and risks of overheating of the market - track few key financial ratios. Thanks and keep it up.
@ajmerdhillon30135 ай бұрын
LMI is a business of billions
@mandeepathi35645 ай бұрын
Shameel ji Please wait for guest to finish the answer for one question before u go for next question. Thanks for your understanding. Your guest is look like one of smart n intelligent to his profession.
@charanjitsingh3755 ай бұрын
ਕੰਡਿਆਂ ਚੋਂ ਨਿਕਲੇ ਤੇ ਝਾੜੀਆਂ ਚ ਫਸੇ।
@girishnarang99405 ай бұрын
Lawyer are lawyer, they will never guide you without insuring their charges first. So this lawyer was beating around the bush. One thing is to wonder, why can’t the builder be questioned by the same contract for delay in delivery and if they have unilaterally put the clause to safeguard themselves then that can be challenged in the court of law.
@Jagadibanda0055 ай бұрын
Even if prices do recover in 4-5 years after you buying your principle residence just think about the amount of interest you will have paid in that many years .
@sushilsehdev66135 ай бұрын
Housing market done for good
@inderpreetgrewal95552 ай бұрын
Asi ghar book Kita Calgary ch sade builder ne keha je closing tak je ghr di price drop hou jina gap hou oh Sanu discount den ge contract ch sine kite a
@karanpreetsinghgill37005 ай бұрын
13: 10 lies the truth 🌶️
@APICSKH3 ай бұрын
“Contract is 100% in favour of builders. Don’t buy without a lawyer’s help”. In brief 😂
@@Worldwidevirk Ye sahi hai dost. Kise nu ki pta kiwe hoiya mortgage. Kyuki sab dia e eda e hoyia mortgage😎.
@MrKalsandhu5 ай бұрын
sir i listened all program lawyers and host tried to give all the information but certain things lawyers cant say on social media we all are wise enough to understand those points
@Worldwidevirk5 ай бұрын
@@MrKalsandhu we are all cruppt enough to understand the advance system of great canada
@devsareen71825 ай бұрын
The thing is to suffer the loss, stop the blame game and move on
@BrinSingh-l1oАй бұрын
Housing: Live in your means. Invest in self improvement. Don't be a flipper trucking real estate agent.
@user-pn2ew8fe8i5 ай бұрын
This is just the start market is already crashing, do not go to private lenders as this will make things even worse. Do not get stuck.
@niteshaggarwal38455 ай бұрын
Lawyers closing d charges kehra sahi dasde aa, plus plus plus kr dinde pta e ni kine ku charges thok dende
@Worldwidevirk5 ай бұрын
Paise vkhao , sare chor bari
@jasmerbirk69465 ай бұрын
Most of them are crook
@rockysmultiversevideos15374 ай бұрын
Calgary and edmonton ch v lok fasse hoye a
@mohansinghkundlas34825 ай бұрын
Let the investor have taste of his greed. Actual users don't have to worry much.
@malbinder67975 ай бұрын
80-85% closings? Total bs. What’s the point of inviting these guys anyways? They are part of that system that has brought us here. He is still not admitting that people are struggling. Just promoting his business.
@user-pn2ew8fe8i5 ай бұрын
It was pure greed and this will get very bad better not buy anything as the prices will go down more.
@Kenkalsi5 ай бұрын
When everyone is ruled by Fed. You will make money when Fed wants and Loose too when they think so.
@niteshaggarwal38455 ай бұрын
1% follow law te 99% violation e chal ri Canada ch. ek eda da howe ta v mane tow alya kol jao o car ni chd d, gahr close krwao lawyer sahi charges e ni dasde, car sikhan jao ta car instructor gharo len ni aarea kehnda ethe aajo sadi jagah te, bls international jao una d apne funde luttn d. Banda kithe jawe. Wapis India e jana paina te we are thinking and planning about it. Corruption ki hundi ta e Canada aa k lga
@Worldwidevirk5 ай бұрын
😂😂😂😂 bai ji chora da mulk aa Canada Credit card cash kda k jayo sare🎉🎉
@niteshaggarwal38455 ай бұрын
@@Worldwidevirk Hanji main tuhade nal sehmat aa chora da mulk aa, jo soch k aaye c canada es nalo sab ulta. Par j hun asi v fraud ki krna ta phir lokan nu gallan kyu denia.
@Worldwidevirk5 ай бұрын
@@niteshaggarwal3845 bro aapa kehra kise di mortgage approval de paise lene aa or 500k aala 700k ch vech rahe aa Credit card ta bnde aa , system da gand system nu de k jao
@niteshaggarwal38455 ай бұрын
@@Worldwidevirk hahahah sahi aa
@luckydhillon15845 ай бұрын
ik gall da sidha jwab ni ditta uncle ne, eve gallan ghumayi janda, dubara na bulayiyo.
@Worldwidevirk5 ай бұрын
Oh keh rya v mein bohot pohnchi cheej aa, sare chor bari kra dene aa mein
@captainbp23755 ай бұрын
Dhilla banda
@jattworld19845 ай бұрын
Lawyer kade v sidhi gal da sidha jawaab nai dinda hunda.. aadat e ni hundi
@JoginderSingh-lq3gs5 ай бұрын
Your Guest needs coffee .
@aujlamoney5 ай бұрын
Making me sleepy 😅
@crescendoclub5 ай бұрын
Fanda wich dadda lgda ke dhadda
@MrKalsandhu5 ай бұрын
good eye
@aujlamoney5 ай бұрын
Guest is hesitant to talk openly
@s1ngh95 ай бұрын
This guest not giving straight open answers. Playing games. Not trustworthy. Slow talking and not getting to the point
@surindersinghisser79855 ай бұрын
Penny wise Pound Foolish
@sukhjinderkang48525 ай бұрын
What ever he is telling we all know that
@jassy5835 ай бұрын
How come contract was binding on fake pre approval letters given to builders by realtors, mortgage reps. Does the agreement not become null and void since no legit document was taken by builders as their reps and realtors and mortgage reps involved in fraud? Buyers were not QUALIFIED they were sold pre con on fake pre approval letters by realtors, mortgage reps, and builders sales reps as well. Everyone is involved here. Sir one more thing mortgage reps at banks who are somehow getting it done are not SMART. they are fraud and responnsibile for all this mess. They need an audit from fintrac, osfi, anti fraud etc. Good feedback by the lawyer though.
@chandandhiman80575 ай бұрын
Must say fabricated video. I have many of my friends (truckers)who are ready to give up their house, and he is still saying the market is ok... biased man
@chandandhiman80575 ай бұрын
They did, bro . Many properties in brampton. I know them personally. Even the guys with small fleets are not capable of closing. The ratio he mentioned 90:10 is definitely not right.
@harmitsingh28855 ай бұрын
What happened bro? Im also looking to buy a property and want to know what hidden bund panges in it
@SSVIRK-m2j2 ай бұрын
0
@rockysmultiversevideos15375 ай бұрын
Lalch buri blah hai
@rrewal5565 ай бұрын
this guy is not even canadian lawyer. They just call anybody for advise. he is indian educated and then did some accrediation from bc just enough to get his degree at par with canadian law. f**king fake. Before moving to Canada in 2004, Simmarjit earned a Bachelor of Laws degree at the Panjab University, Chandigarh, India and was called to the Bar of India in 1998. She went on to obtain Master of Laws in Corporate law in 2000. Simmarjit was admitted to the Law Society of British Columbia in 2009 and practised in British Columbia for more than 8 years. Thereafter, she relocated to Ontario and was admitted to the Law Society of Ontario in 2017. Simmarjit has acted as a volunteer instructor at Professional Legal Training Course with Law Society for British Columbia. She has also served on the Board of Central Vancouver Island Multicultural Society now called Immigrant Welcome Center. Simmarjit is fluent in Hindi and Punjabi and can understand Urdu.
@guribrar29455 ай бұрын
ਫੰਦੀ ?
@marysadiq78645 ай бұрын
Apne builders and realtor same I do not want to say who it is if you scam the bank for fake paper to get mortgage people work normal job but they have big houses so now swallow it
@klaythegoatthompson57305 ай бұрын
2 khach khacha bhor rhe ne
@goodman82755 ай бұрын
They don't deserve any sympathy.
@RyanMann-q9d5 ай бұрын
This lawyer have no knowledge,, no specific answers . Pl don’t bring such an incompetent ppl on podcast .