How To Buy Foreclosed Homes For Sale | what is the difference between foreclosure and sale under power of sale in Ontario ?

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what is the difference between foreclosure and sale under power of sale in Ontario ?

also what is different about a judicial sale ?

1 Comment »

  1. The only difference is how fast it happens. With a foreclosure, the bank has to get permission from the courts. With power of sale, it is written in the contract they can sell immediately if you do not pay.

    Comment by Bill — July 16, 2009 @ 10:24 am

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