The legal process by which a lender seizes and sells a property after the borrower defaults on mortgage payments. In Canada, the process varies by province and may include judicial sale or power of sale. Foreclosed properties can offer below-market pricing but carry condition and title risks.
Related Articles
- Foreclosed Properties Canada: Investor's Guide to Finding Deals
Learn how to find and buy foreclosed properties in Canada. Pre-foreclosure, auction, REO strategies with financing tips and due diligence checklist.
- DSCR Loan Rates 2026: Current Ranges and How to Save
Current DSCR loan rate ranges and what factors affect your rate. Proven strategies to secure the lowest possible interest rate on your investment property loan.
- House Flipping Guide: Canadian Real Estate Investing
Complete Canadian house flipping guide covering property sourcing, renovation budgeting, contractor management, and profitable exit strategies for real estate investors.
- Mortgage Investment Corporations: An Alternative Way to Invest in Real Estate
How MICs work as passive real estate investments: yields, risks, diversification, and how to evaluate MIC opportunities.
- Windsor Real Estate Investing 2026: Prices, Rents, Cap Rates
Windsor Ontario real estate: 2026 home prices, rents, cap rates, and the NextStar EV jobs boom driving Canada's most overlooked investor market.