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Are Power of Sale Homes Really Cheaper? What Ontario Buyers Should Know

Lenders must sell power of sale homes at market value — yet they still tend to trade below comparable private sales. Where the real discount comes from, and how to judge a specific listing.

Jonathan Alphonso

How to Buy a Power of Sale Property in Ontario

Power of sale purchases work like any resale — with three big differences: a lender seller, "as is, where is" terms, and the owner's right to redeem until closing. Here's the full buyer playbook.

Jonathan Alphonso