power of sale: Power Of Sale Myths and Facts - 12/04/14 08:34 AM
 
 

 
Under the terms of the Mortgage Act, a property in default can be sold by financial organization using power of sale.
 
A power of sale property is often advertised as a real bargain, but that’s not always the case. While these properties may often be priced at what appears to be lower than market price, there are several myths about how these properties are priced and sold. 
 
The biggest myth is that the financial organization in possession will virtually give away the property to get it off its books. Some people seem to believe that the banks … (0 comments)

 
Nancy Benson, Award Winning Agent | Buy |Unique Homes| Sell (RE/MAX Hallmark Realty Group, Brokerage)

Nancy Benson

Award Winning Agent | Buy |Unique Homes| Sell

Ottawa, ON

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RE/MAX Hallmark Realty Group, Brokerage

Address: 610 Bronson Avenue, Ottawa, On, K1S 4E6

Office: (613) 788-2556

Mobile: (613) 747-4747

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