OUR POWER OF SALE LISTINGS
What We've Closed
Power of sale purchases and sales we've taken through to closing in the last twelve months.
POWER OF SALE CLOSINGS
7
in the last 12 months
AVERAGE DAYS ON MARKET
17
from list to firm
AVERAGE SALE TO LIST PRICE
101%
across all closings
SOLD OVER ASKING PRICE
4 of 7
the rest sold under
NEW DEVELOPMENTS
POWER OF SALE SERVICES
We watch your back through the power of sale process, explaining what it is, what it isn’t, and what it means for you as a buyer. From the fine print to potential repair costs, we help you understand the risks before you commit.
IT ISN'T FORECLOSURE
The lender sells — it doesn't take title
Surplus over what's owed goes back to the borrower, and a shortfall stays their debt. That's why the lender's job is to sell, not to sit on it.
IT ISN'T A FIRE SALE
The lender owes a duty to get a fair price
Ontario lenders must act in good faith and take reasonable steps to obtain fair market value. Expect a discount for condition and terms — not for the address.
IT ISN'T A NORMAL OFFER
The lender's schedule replaces the usual clauses
Standard representations and warranties typically come out. What replaces them is the part we read line by line with you and your lawyer.
What you're actually buying
Where the Value is Upside
- Motivated seller, no emotion. The lender wants the debt recovered and the file closed. Price and timing conversations stay commercial.
- Less competition than it looks. Plenty of retail buyers walk once they read the schedule. Prepared buyers face a thinner field.
- Condition discounts are real. Deferred maintenance gets priced in. If you can renovate, that gap is your margin.
- Clean, fast process when you're ready. Financing arranged and a lawyer briefed in advance turns the lender's speed into your advantage.
Where buyers get hurt Risk
- As-is, where-is. No seller property information statement, no warranty on roof, furnace, plumbing, wiring, appliances or anything else.
- Limited access. Occupied or tenanted properties can be hard to view and inspect properly before you have to commit.
- Vacant possession isn't a given. Tenants may have rights that survive the sale. That question gets answered before you offer, not after.
- Title, arrears and liens. Unpaid taxes, utilities, condo fees and registered claims need a lawyer's search and the right title insurance.
- Conditions are unwelcome. Lenders lean hard toward firm offers. Financing and inspection homework has to happen before the offer, not inside it.
- The sale can still evaporate. If the borrower redeems in time, the deal is over — no matter how much you liked the house.
Get the current power of sale list
We don't publish it. New power of sale listings go out by email to registered buyers, filtered to what you told us you're looking for.
1- New GTA power of sale listings as they hit the market, matched to your criteria.
2- A short read on each one — condition, occupancy, and what the lender's schedule says.
3- A call with Sharon or Martin before you write your first offer, at no cost.
