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Power Of Sale Ontario

Power Of Sale OntarioWhat is the difference between foreclosure and sale under power of sale in Ontario?

also what is different about a judicial sale?

The only difference is the speed at which it arrives. With a foreclosure, the bank must obtain permission from the court. With a power of sale, it is written in the contract that they can sell immediately if you do not pay.

Posted on September 4, 2010.
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