SHOW / EPISODE

VREP #535 | Why Some Presale Buyers Are Better Off Losing Their Deposit with Evan Drygas

Episode 535
1h 8m | Nov 14, 2026

Buyers who signed presale contracts at the height of the market are now being asked to close on homes worth less than they agreed to pay, and many simply can't. Real estate lawyer Evan Drygas sits down with Adam & Matt to explain what happens next, from why developers rarely renegotiate to the lenders working behind the scenes. Evan walks through the steps he takes when a client has run out of options, the unusual cases where someone can legally rescind, and why the worst case isn't the end of the world. Is giving up your deposit ever the smarter financial move? Could the builder come after your other assets? And when will this wave of distress finally pass? A must-listen for anyone who owns or hopes to buy in British Columbia.

Paused
Audio Player Image
Vancouver Real Estate Podcast
Loading...