The power of sale process allows lenders to sell a property without going through the court system. If a borrower defaults on their mortgage payments, the lender can initiate the power of sale process to recover the outstanding debt. Borrowers ...

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Key Takeaways:High housing costs in Canada prevent many from homeownership, with average prices at $612,204 and up to $1,000,000 in Toronto.Innovative approaches can improve affordability,40-year amortization can help younger, lower-income Canadians become homeowners.Higher investor down payments can level the playing ...

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