A Power Of Sale is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.
Calling All Builders. Vacant Building Lot In Central Newmarket. Mins Away From Downtown Main St, Southlake Hospital, Go Train And Major Highways. Seller Has Concept Drawings In Place And Will Offer Them As Part Of The Sale. By One Or Package Adjoining Lot And Build Two Homes. Contact The Listing Agent For Details Of Slope Requirements To Build.
Extras: Allow 48Hr Irrev. Seller Out Of Province. Deposit Check To Be Certified Funds, Include Sched B And Attachments With Offer.