Exploring the market and acquiring a foreclosed property in Canada can offer substantial savings on a home or investment property. These properties are those that a lender has seized after the borrower failed to meet their mortgage obligations. James and Denny share their personal experiences with foreclosures and what the purchasing process looks like. This Episode will focus on foreclosures and if they can be worth it, how the process differs from resale, removing subjects in court, the bidding process, lawyer involvement, and the overall process.
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