Part of the Thursdays – Real Estate Talk collection
“Morning Parade Coffee Bar” – On Dundas St West, Opposite Trinity-Bellwoods 256 Crawford Street (On Dundas) Toronto, ON M6J 2V8
Thu, Feb 9th, 2023, 7:00 PM – 8:30 PM EST
Learn how Power of Sale procedures work in Ontario and how to take advantage of a listed POS home. Plus+ Keys to Framing a Reno Project.
Today we talk about the “Power of Sale” legal process. What is the difference between a Power of Sale process in Ontario and a Foreclosure? What value would a Power of Sale have for an investor looking to purchase properties under POS? Is there an advantage to buying a property under power of sale?
Also, how to get out of a Power of Sale situation as an owner. We cover rights of Lenders versus options for borrowers. Plus, we discuss the Renovation project “framing techniques”. Focus on small spaces and how to make sure you are taking advantage of every inch of space when planning to frame and finish a renovation space.