How to Stop a Power of Sale
The power of sale process in Canada can be daunting, no question
For anyone that has gone, or is currently going through this, we know what you’re feeling and are here to help.
At this point, you’ve likely received some letters from the mortgage company/ bank stating that your home is in arrears and that you have a few options: Pay up or move out. You have all of your belongings in the home, and don’t know what to do now. With that being said, what are the next steps?
Since not paying off the debt is how we get into a power of sale fiasco in the first place, the “lump sum of cash” method to discharge the lien probably isn’t an option here. Selling the house on the other hand, will help remedy the situation, discharge the liens and push the creditors away. Since the power of sale process is timely in nature, and can result in court + sheriff fees, every day counts. We’ve purchase properties from families in the past, and worked with their creditors to extend closing dates and negotiate settlement timelines upon the receipt of a firm purchase agreement.
If you need someone to close quickly, on your terms, and without paying commissions or making repairs, we can help.
HOW THIS SERVICE WORKS:
Contact us using the form here and fill it in as best as possible.
Someone will reply back to you asap about checking out your property. Sit tight, we’re coming.
General on site meet and greet/ discussion about what service you need help with. Followed by a solution to help.
Transaction day. Let the renovations begin!
“I can move on with confidence”
“Thank you for your service. It was satisfying to be treated professionally and courteously at all times by you after being treated like a second class citizen by creditors. I can move on with confidence.”
“Proved to be the most helpful”
“This was the first time we had to sell, coupled with the complication of going through the splitting of finances. We came across the RW Carr Investment Co. website and saw the ‘Services’ section with ‘We Buy Houses Fast’. He proved to be the most helpful, efficient and professional in explaining, and carrying out the process. He was also supportive both before and after the sale.”
“This was the only sale we had had to make since we lived in our home for 43 years. Ryan was always very quick to respond to everything we asked and explained them in detail. The whole closing process went very smoothly. Certainly can recommend him highly.”