by scottm | Oct 9, 2024 | Stop Foreclosure, Mortgage Advice
Calgary Foreclosures Are on the RiseForeclosure pressure has been building across Alberta. According to CMHC, national mortgage delinquencies have been climbing, with Alberta among the provinces feeling the strain as higher living costs, elevated interest rates, and...
by scottm | Jun 28, 2024 | Mortgage Arrears, Stop Foreclosure
When it comes to owning a home, unforeseen difficulties can sometimes lead to the risk of foreclosure. In Ontario, foreclosure is a legal process that occurs when a homeowner fails to meet their mortgage obligations, and the lender seeks to recover the balance of the...
by scottm | 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 scottm | May 27, 2024 | Stop Foreclosure
It’s a tough spot to be in foreclosure, but there’s hope on the horizon for Ontario homeowners. Even if it feels like you’re down to the wire, utilizing a home equity loan might just be the lifeline you need. Facing foreclosure can have a devastating impact on...
by scottm | May 15, 2024 | Stop Foreclosure
Facing foreclosure can be a harrowing experience, filled with uncertainty and stress about losing your home. The good news is, there are steps you can take to stop foreclosure and maintain homeownership. Understanding the specific processes, including...
by brian rutherford | 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...
