Power of Sales is a dynamic aspect of the real estate market that has garnered attention for its unique characteristics. As a seasoned REALTOR® with nearly two decades of experience, I've witnessed the impact and significance of power of sales transactions in the Niagara Region. Power of Sales occurs when a homeowner defaults on their mortgage payments, prompting the lender to seize the property and sell it to recover the outstanding debt. This process, while distressing for the homeowner, can possibly open ... read more