Power of Sale Free Real Estate Seminar

Power of sale free real estate seminar

We are excited to announce that we will be hosting a Power of sale free real estate seminar and we would like to invite you to attend!

Default of Mortgage payments

In Ontario, where a Mortgage/homeowner has been in default for at least 15 days, the Mortgages Act entitles Lenders/bank to sell the Mortgaged Property to third parties, enabling it to recover some or all of the debt, as well as its costs of recovery, pursuant to a Power of Sale in Ontario.

The Power of sale seminar

Date & Times

will take place on

Date: April 18th, 2023, Tuesday
Venue :Online LIVE zoom
Time: 7:30 pm- 8:15pm (EST)

Online zoom link


This is a great opportunity for you to earn more by learning Power of sale process in Ontario.

Canadian real estate experts will be sharing their knowledge and expertise, and will cover a range of topics, including:

• What is a power of sale (foreclosure)
• Why homeowners become homeless.
• When the power of sale starts?
• What is the mainstream media telling you?
• How can you help?

How do you make MONEY in Power of Sale properties in Ontario ?
• Hidden PROFITS in Ontario Power of sale

Whether you are a realtor, mortgage broker, real estate lawyer, a seasoned Canadian real estate investor, or simply interested in learning more about Power of Sale (foreclosures) this seminar is for you. You will have the opportunity to ask questions and gain valuable insights into the Ontario real estate market.

Space is limited for Power of sale free real estate seminar, so we encourage you to register early to secure your spot.

To reserve your seat simply text your Name, Email address to 1-416-409-7300 with subject Power of sale free real estate seminar.

We look forward to seeing you online. Don’t forget to share this event with your friends.

To your success!
Navtaj Chandhoke

Oct 25, 2018 Sheriff’s Sale of Lands 6050 Bidwell Trail, Unit 24, Mississauga, Ont

Oct 25, 2018 Sheriff’s Sale of Lands

6050 Bidwell Trail, Unit 24, Mississauga, Ont

under and by virtue of a Writ of Seizure and Sale issued out of the Superior Court of Justice at Milton to me directed, against the real and personal property of Mary A. Bernier and Frank J. Bernier, Defendant, at the suit of Laurentian Bank of Canada, Plaintiff, I have seized and taken in execution all the right, title, interest and equity of redemption of Mary A. Bernier and Frank J. Bernier, in and to:

6050 Bidwell Trail, Unit 24, Mississauga, Ontario, L5V 1V6

All of which said right, title, interest and equity of redemption of Mary A. Bernier and Frank J. Bernier, defendant in the said lands and tenements described above, I shall offer for sale by Public Auction subject to the conditions set out below at, 7765 Hurontario Street, Brampton, Ontario, L6W 4T6 on October 25, 2018 at 10:00 am

Oct 25, 2018 Sheriff’s Sale of Lands 6050 Bidwell Trail, Unit 24, Mississauga, Ont Conditions:

The purchaser to assume responsibility for all mortgages, charges, liens, outstanding taxes, and other encumbrances. No representation is made regarding the title of the land or any other matter relating to the interest to be sold. Responsibility for ascertaining these matters rests with the potential purchaser(s).

Oct 25, 2018 Sheriff’s Sale of Lands 6050 Bidwell Trail, Unit 24, Mississauga, Ont

Oct 25, 2018 Sheriff’s Sale of Lands 6050 Bidwell Trail, Unit 24, Mississauga, Ont Terms:
  • Deposit 10% of bid price or $1,000.00, whichever is greater
  • Payable at time of sale by successful bidder
  • To be applied to purchase price
  • Non-refundable
  • Ten business days from date of sale to arrange financing and pay balance in full at 7755 Hurontario Street, Suite 100, Brampton Ontario, L6W 4T6.
  • All payments in cash or by certified cheque made payable to the Minister of Finance.
  • Deed Poll provided by Sheriff only upon satisfactory payment in full of purchase price.
  • Other conditions as announced.

this sale is subject to cancellation by the sheriff without further notice up to the time of sale.

Note: No employee of the Ministry of the Attorney General may purchase any goods or chattels, lands or tenements exposed for sale by a Sheriff under legal process, either directly or indirectly.

Date: September 7, 2018

Pauline Labelle
7755 Hurontario Street, Suite 100
Brampton, Ontario
L6W 4T6

Quebec Foreclosure Process

Quebec Foreclosure Process starts when a mortgage holder is in default of payment. The mortgage lender issues the home owner a 60-day notice warning them that their mortgage is in default and that their property will be seized if they do not remedy the situation. In most cases, it is assumed that the property owner will find a way to repay the amount owed.

Quebec Foreclosure Process

There are certain Quebec foreclosure process that a mortgage lender or bank must follow before they can start a home foreclosure. The first step in the Quebec  foreclosure process is that a mortgage lender must apply to a court for an order. If there’s a Supreme Court Registry in your local town or city, the mortgage lender is usually required to start the Quebec foreclosure proceedings there, unless you agree to file the papers at a different location.

Quebec Foreclosure Process


Once the court has the filed order a “petition for foreclosure” will be sent to you this is a copy of the lender’s foreclosure application to the court. The mortgage lender  can also ask the court to sue you for any amount money that you may still owe on the mortgage.

Right of Appearance

As the home owner in Quebec you have the right to request an Appearance form from the court registry. The Appearance form must be  completed and filed at the court address shown on the petition. The Appearance form requires the mortgage lender or any other person to notify you of any further steps  or filings that relate to your property. If you don’t file the Appearance form, the mortgage lender can proceed without  informing of the legal proceedings or the status of the foreclosure. Once the Appearance form is filed, you will get a document called a “Notice of Hearing”, which tells you when the lender will ask the judge for an order to start the foreclosure process.

Quebec Foreclosure process Redemption Period

The home owner  is given time to “redeem” the mortgage by paying the full amounted owed, plus any interest, costs and taxes to the lender. This time period is called the “redemption period” and it’s length can vary but usual time for this is about 6 months, you can also ask the judge for a longer period of time to get the money required to pay off the mortgage or sell your home. The Quebec foreclosure laws are designed to give the home owner every chance to redeem the mortgage.

Avoiding Quebec Foreclosure process

If you face a potential foreclosure in Quebec, you should take immediate action as per following recommendations from Canadian real estate investment experts.

Contact your lender immediately. Foreclosures are an expensive and time consuming process, so it’s likely your lender will be eager to avoid it if there is a better way for them. Communicate directly with the mortgage lender with your particular situation. You both will find a better resolution than anyone else.

Forbearance :Depending on your situation, here are some options you or your lender might suggest: Ask for extra time to make up your payments Lenders might agree to wait before taking legal action against you and let you work out a repayment plan that is affordable for you

Mortgage Modification : Every  mortgage lender or bank is different. Ask the mortgage lender to change the interest rate to a more manageable level. A lender might also extend the amortization period which will lower monthly payments.

Avoiding Quebec Foreclosure options

Increase the Mortgage amount : Some lenders may offer to spread out missed payments over a longer term. Re-calculate and refinance the mortgage If the home owner have enough equity and meet the lender’s requirements, the lender may increase your mortgage amount.

Consolidation: Home owner  may also refinance by wrapping other debts into your mortgage By putting your 20% – 30% interest debts like credit cards into your mortgage.  Paying them off, and increasing the mortgage amount, you will decrease your overall monthly debt load.  As long as you’re pretty sure you can keep up with payments, it’s not a bad option.

Mortgage Default Insurance If you happen to have hi ratio mortgage on your home then you may get some temporary protection from foreclosure and power of sale in Canada. Default mortgage insurers carry programs that help struggling homeowners to temporarily pay interest only, or to forgive some of your payments.

Canadian private hard money lenders: Consider getting secondary mortgage from a Canadian private hard money lender. They do not care about your credit score, income. All they want to have AACI appraisal to see that there is enough equity.

Family and friends: Asking help from family and friends can be quick solution too. Mom and Dad's bank can be the super choice.

Quebec Foreclosure Process

Sell it for instant cash and fast closing :   One of the best option is for the home owner is to sell their property to Canadian real estate angel investor for cash with fast closing. Save the hassle, legal cost, credit and downsize with pride.

Words of Wisdom

Words of wisdom from Canadian real estate investment expert, Navtaj Chandhoke "Most important for every home owner must have skip a payment plan built in their mortgage. Be aware of all the penalties due to default. One of the worst penalty is interest rate differential which can give you the shock of your life. The property will be  foreclosed if the home owner is not able to repay the full amount that is owed".

Dealing with a looming foreclosure it not easy but if prepare yourself, get in contact with your real estate lawyer.  Be cooperative as possible you can and will make it through the process. Knowing the Quebec foreclosure process professional real estate investors can help home owners and make money.

Quebec Foreclosure Process




Behind your Mortgage payments

Behind your Mortgage payments

Behind your mortgage paymentsAre you behind your mortgage payments?

What to do, when you miss or fall behind your mortgage payments? It happens to lot of Canadians. 61% of Canadians do not know what options are available to them if they miss or are behind on a mortgage payment in a situation that could leave them in the bad books with their bank, and at the mercy of creditors. If you fall behind your mortgage payments, the very first thing you should do is call the mortgage lender or bank who loaned you the money in the first place (your mortgage lender). Even if you know the cash-crunch is coming down the road — say, you lost your job but have enough saved up to get you through the next three months — call them now and disclose your circumstances fully.

Few Canadian lenders have a skip a payment plan but it also has a provision to allow you to take a leave from your mortgage because of a change in circumstances.Continue reading