Im sure you have heard about distress sales. These are power of sales, or sales that are done by governing bodies such as the Ontario Government. Now they don't just come in and displace you without proper paperwork and justification. It is a full legal process. Power of Sales occour when a owner of a home defaults on paying their mortgage - each bank or financial institution has their own methods of considering what is default- be in 3 weeks or 3 months- but there is a process. Once the process is complete, the owner still has rights to the home. So if a Power of Sale listing appears and you place an offer that is accepted, then that previous owner who defaulted has the right to redeem, meaning, if they bring their account up to date, then the power of sale proceedings stop and your offer is null and void. Now dealing with another form of distress sale is a sale from the Public Guardian and Trustee with the Province of Ontario. Loosely, they come into the picture if the person who owns the home is declared mentally incompetent and has no power of attorney. Then all the assets are sold off on their behalf for their care. That is why it is sooooo important to have a Power of Attorney completed, or a living will. That is your way of controlling who takes care of your personal affairs and your property in case of mental incompetency. I have access to these resources and have family that are real estate lawyers, feel free to ask for more info anytime

Distress Sales

It takes a smart, savvy, expert real estate professional to navigate the ever changing Hamilton and area market and help clients seize opportunity when it strikes. Together with her team, she's your valuable connection for finding hidden gems not yet on the market, streamlining intricate paperwork, providing custom marketing strategies, negotiating the terms of sale, and delivering exceptional results. All with a smile 










































































































































































































<a href="http://tinadoyle.com/index.cfm?" target="_blank" class="btn">TinaDoyle.com</a>To learn more about me, click the arrow down below!Born and raised on Hamilton Mountain, Tina attended St. Margaret Mary Elementary School and St. Jean De Brebeuf before attending University College at the University of Toronto where she earned her B.A. She lived with her extended Italian family, who were avid real estate enthusiasts in an era where there was no “street search” or “googling” an area. Building and forming friendships while securing real estate equity, Tina learned that investing in her town was important to the future. After pausing after University to get married, she worked in her father’s law firm. It was then in 1994 that she was encouraged to get her real estate license, to help client’s families sell their real estate holdings. Tina morphed into real estate queen, hockey mom, parent council chair, hockey team manager, wife, friend, daughter all rolled into one. Residing in Binbrook for many years, she is loving this next phase of life, moving to a condo, getting fit and living life to the fullest. It is with that foundation that Tina brings to your real estate experience. Family first, and embracing each real estate transaction as if it was her own, are the hallmarks of Tina’s business. All with a smile.

Tina Doyle