Renewal bigger than you can handle? You have more options than you think.
If your mortgage payment has jumped, you have missed a payment, or a lender has sent a notice, there is usually still time to sell on your own terms. We will show you what you would walk away with, in private, before you decide anything.
This page is general information only. It is not legal, financial or tax advice, and we are not lawyers. Your options and your rights depend on your own mortgage, your lender and your circumstances, and the law can change. Please speak to a licensed Ontario real estate lawyer about your situation before you make any decision.
Where are you right now?
Pick the one that fits. The earlier you act, the more choices you keep.
How power of sale works, step by step. This is general information, not legal or financial advice. A real estate lawyer can tell you exactly where you stand under your own mortgage.
What would you walk away with?
A rough estimate in private. Nothing is saved or sent. For a full breakdown, use the net proceeds calculator.
The commission and closing-cost boxes are placeholders you can change. Your actual commission is set in your listing agreement. HST is added to commission.
- Sale price
- $0
- Mortgage and other debts
- $0
- Commission plus HST
- $0
- Legal and closing
- $0
Enter your numbers to see an estimate.
Selling without money up front.
If there is equity in your home, the costs of selling come out of the sale proceeds at closing.
Paid at closing
Our fee and your legal fees are paid from the sale proceeds on closing day. You do not pay them out of pocket.
Honest pricing
We price the home to sell in the time you have, and show you the numbers before you sign anything.
A quiet sale
Ask us about limited, discreet marketing if you do not want the whole street to know.
Preparing the home
Ask us whether preparation work can be arranged and paid at closing. This depends on your equity and is always in a written agreement you can have a lawyer review first.
A soft landing
We can help you plan where you are going next, including moving help from our vendor partners.
Sometimes selling is not the answer
If you can keep the home, we will say so. A mortgage broker may be able to help you renew on terms you can manage.
People who can help you decide.
Independent professionals you are free to contact directly. You are never required to use them to work with us.
Mortgage broker
Ceilidh Lock, Mortgage Broker
Rock Capital Mortgage (The Mortgage Centre)
Brokerage licence 10556
905-447-5451
Real estate lawyer
Griffiths Law (Griffiths Professional Corporation)
1032 Brock Street SouthWhitby, Ontario L1N 4L8
(416) 441-1253
info@griffithslaw.com
Debt help
Farber Debt Solutions, Licensed Insolvency Trustee
The Work Hub, 190 Harwood Avenue SouthAjax, Ontario L1S 2H6
(888) 491-6326
By appointment only
Talk to us, in confidence.
Tell us a little and we will call you back. No pressure, no judgement.
General information only. It is not legal, financial or tax advice. Results depend on your mortgage, your lender and your home’s value. Talk to a lawyer about your own situation.