MODERATOR: THIS IS NOT AN OFFER TO SELL OR BUY.

Deep discounts to market value are possible, but, in our experience, rare {most markets in Canada are small enough that inventory levels are moderate and there is no need to dump the property}.Lenders - particularly the Big 5 banks - tend to prefer Power of Sale as it's more cost effective for them: No/less legal expense; they do not need to maintain the property while it is for sale; the owner/borrow is motivated to get the best price possible for the property (and not to trash it); and, if the property sells for less than the note, the borrow is still on the hook for the balance.

I am sure a moderator will delete if necessary :)

moderator) is [email protected], I am sure that everyone else, would love to see it as well so if you could post the example on this forum, EVERYONE would be most appreciative.Thanks for your comments.

PM me or email [Edited by moderator, personal contact info in signature only, please.]

[EDITED BY MODERATOR - Solicitations in proper forums, only, please.]Thanks.

(See my recent post about this).The Background on the Active Real Estate Exception:Rental real estate, in many cases, is held to provide financial security to individuals with moderate incomes.

I do the same amount of exercise as before (walking, skiing, swimming) definintely in the moderate range as compared to some other posters here, but like a lot of folks I spend a fair amount of time being a computer jockey.

To make sure that its programs serve low- and moderate-income people, FHA sets limits on the dollar value of the mortgage.

[EDITED BY MODERATOR - No ads in this forum.