Tariffs and Mortgage Defaults: Are More Power of Sale Homes Coming? Tariffs are driving up the cost of consumer goods and increasing inflation at the same time. This is putting
Though both involve dispelling someone from a property, both of these circumstances differ significantly from each other. Tenants and property owners need to learn these distinctions before they can take
Ontario’s power of sale process has several consequences for the average homeowner. Understanding the process and what happens after the property is sold is essential. What happens after a power
Investing in distressed properties is an attractive scenario for several Ontarian investors. These properties are sold at a significant discount compared to market value, and if handled correctly, this can
A borrower can still owe the lender money even after a power of sale is finished. That situation can happen when the house gets sold, but the money doesn’t cover
The Ontario real estate market is looking at the possibility of a rebound after a decline in home sales in 2024. Elevating borrowing costs and a fluctuating market saw a
Missing a mortgage payment can be overwhelming, but knowing that you risk losing your home because of it can be devastating. However, by becoming aware of your options, the initial
A power of sale can significantly affect your long-term financial well-being, including your home equity and credit score. Learning how to navigate the process can mitigate the impacts. That starts
PowerofSaleOntario.ca is an excellent place for homeowners to get support and guidance and find the resources they need to negotiate a power of sale. Learning about homeowners’ rights during this