by Paul Tsigaris | Jun 10, 2025 | Mortgage Arrears, Mortgage Advice, Private Mortgage, Stop Foreclosure
Every year, thousands of Canadian homeowners face the possibility of foreclosure or power of sale due to unexpected financial challenges. While Canada’s national mortgage arrears rate remains below 0.20%, that statistic doesn’t tell the full story for homeowners...
by Paul Tsigaris | Apr 15, 2025 | Stop Foreclosure, Mortgage Arrears
Power of sale. Three words you never want to hear as a homeowner. Unfortunately, keeping up with your mortgage payment can be a very difficult task. Unexpected expenses like automotive repairs, sudden injuries, or changes in work circumstances can prevent borrowers...
by Paul Tsigaris | Mar 23, 2025 | Stop Foreclosure, Mortgage Advice, Mortgage Arrears
The Reality of Facing Foreclosure in Ontario Imagine this: You’ve been making mortgage payments for years, but due to unexpected financial hardship—job loss, illness, or rising costs—you’ve fallen behind. You receive a Notice of Default from your lender, and suddenly,...
by Paul Tsigaris | Mar 20, 2025 | Stop Foreclosure
The Long-Term Impact of Foreclosure on Your Credit Imagine you’ve spent years building your financial future, diligently making mortgage payments. But then, life happens—unexpected job loss, medical emergencies, or rising interest rates—and suddenly, you’ve fallen...
by Paul Tsigaris | Feb 9, 2025 | Stop Foreclosure
Missed Payments & Foreclosure How Many Missed Mortgage Payments Before Foreclosure in Canada? How many missed mortgage payments before foreclosure? In Canada, lenders usually begin proceedings after about three missed payments, but foreclosure is a process you can...
by Paul Tsigaris | Oct 9, 2024 | Stop Foreclosure, Mortgage Advice
Calgary Foreclosures: How to Save Your HomeForeclosure pressure has been building across Alberta. Nationally, CMHC reports the 90-plus-day mortgage arrears rate rose to 0.24% by the end of 2025, and Alberta typically runs above the national average because of its...
