Foreclosure Lists

[VanessaKirschner]

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[johninottawa]

Can you clarify for me, if they are already into foreclosure is it not too late?

 

[Aaron Moore]

Foreclosure and Power of Sale are long processes that take many months.

I bought a house that I saw when the owner had possession and I closed after the Sheriff had changed the locks and evicted the owner. The owner has the right to pay out the lender or sell the property themselves even when the lender has it listed for sale. I'm speaking from an Ontario Power of Sale view. It may be different in Alberta.