The idea of getting a great deal on a power of sale house can be attractive to the right buyer, but there are many things that an informed buyer must be aware of if considering this type of purchase.  I know right now with the interest rates rising, many feel there will be more Bank Sales & Power of Sales coming on the market.  Here is what you need to know. Choose the right agent &...Read More

Hi Everyone, Just a quick update on the market.  So tomorrow Bank of Canada is expected to hike another .25 to .50 bps.  My guess is .50 bps.  If Bank raises its rate by 50 bps tomorrow, prime rates are expected to rise to 6.45 per cent and variable rates will be set about 5.7% and above.  We have seen our fair share of rate hikes in 2022.  With those hikes, we are also ...Read More