• Repossessed
    Homes

    Free ReportSign up for Richard's free guide to properties being sold in the Ottawa region. Read More
  • What People
    Are Saying

    TestimonialsFind out more about Richard and his services by listening what others have to say about him. Read More
  • Resources

    Free SeminarSit down one-on-one with Richard and listen to him explain the process of purchasing a home He will discuss financing, inspections, mortgages and more. Read More
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Richard PearceOn Repossessions

Richard Pearce is a Broker and part owner with Guidestar Realty Corporation, Brokerage. With six full-time agents, including Broker/Owner Clive Pearce, we are a full-service brokerage firm offering both to aid purchasers in their quest for a home..

You also benefit from a friendly broker for quick and easy setup.

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There are alternatives to repossessed homes. If you look at my free report you may not find a suitable property. If that is the case I would like you to know that I am a realtor and have been with Guidestar Realty and have been with the Ottawa Real Estate Board since 1996. Read More

There is a difference between foreclosed homes and power of sale actions. A bank has several options and they often choose to use the power of sale provision in your mortgage which allows them to take possession of your home and quickly evict you.

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What is it like to purchase a power of sale repossession after finding one on my Ottawa Home Repossession Report? It is handled very similarly. As your buyers agent I will help to represent your interests and get you the best deal possible.

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Aware

About Richard PearceOttawa House Repossessions

Richard Pearce is a Broker and part owner with Guidestar Realty Corporation, Brokerage. With six full-time agents, including Broker/Owner Clive Pearce, we are a full-service brokerage firm offering both to aid purchasers in their quest for a home.

Read More
  • CMHC Owned

    In Canada when you borrow 80% or more of the home value then Institutional lenders must apply for mortgage loan insurance on behalf of the home buyer. Read More
  • Power Of Sale

    In the event of a default under a mortgage, most mortgages contain a Power of Sale provision, giving the lender the right to force a sale of the property. Read More
  • Bankruptcy

    Some homeowners may be forced to declare bankruptcy. In this event, the trustees appointed to oversee this process may seize and sell the owner's home. Read More
  • Proceeds Of Crime

    When a known criminal is apprehended and found guilty of crimes from which he or she benefited financially, the courts will seize the individual's assets.. Read More
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