Undisclosed debts or encumbrances are bad news for a real estate deal.
This could result in:
Either way, it’s a difficult position for any real estate professional to be in.
Make sure you’re protected early on with this one secret you’ll want to have in your tool belt. Find out what it is on the GeoWarehouse blog: http://www.geowarehouseblog.ca/real-estate-seller-real-estate-commission/