by Paul Tsigaris | Jun 17, 2024 | Stop Foreclosure, Home Equity Loans, Mortgage Advice, Mortgage Arrears, Second Mortgages
How to Stop Foreclosure on Second MortgageShort answer: Yes, a second mortgage lender can force the sale of your home if you default, though in Ontario this is almost always done through power of sale rather than true foreclosure. You can stop it by refinancing your...
by Paul Tsigaris | Mar 19, 2024 | Mortgage Arrears
When you sign on the dotted line for a mortgage, you’re making a commitment to your lender that you’ll pay back the borrowed amount over a specified period. It’s a big responsibility, and life, being unpredictable, may throw you curveballs that lead...
by Paul Tsigaris | Feb 6, 2024 | Mortgage Arrears, Mortgage Advice, Mortgage Broker
Missed mortgage payments? You are not alone. In fact, the number of homeowners who are facing mortgage arrears is a growing concern in our Country. Owning a home is a significant milestone, but it also comes with financial responsibilities, one of the most critical...
by Paul Tsigaris | Sep 14, 2023 | Mortgage Arrears, Mortgage Advice, Mortgage Broker
In times of financial uncertainty or unexpected hardships, the prospect of deferring mortgage payments can offer much-needed relief. However, before considering this option, you must grasp the implications, requirements, and potential consequences. This blog examines...
by Paul Tsigaris | Aug 10, 2023 | Stop Foreclosure, Mortgage Advice, Mortgage Arrears
Facing the threat of foreclosure is a stressful and overwhelming experience. The possibility of losing one’s home can be a devastating reality that can leave individuals and families uncertain of what’s next. With the right knowledge, strategies, and...
by Paul Tsigaris | Jun 12, 2021 | Stop Foreclosure, Mortgage Arrears, Mortgage Broker
Foreclosure is every homeowner’s worst nightmare. Nearly five million Canadians have mortgages. 12,000 Canadians have mortgages in arrears, opening the possibility of foreclosure. It is important to understand your rights in foreclosure or power of sale. ...
