Steve Saretsky
π€ SpeakerAppearances Over Time
Podcast Appearances
I think Ontario is different.
So don't quote me on that.
I only know the BC process.
Again, I think even Alberta is a little bit different, but like, I just know like it does take time.
It's not like, Hey, you missed one payment.
Like you're on the market next week.
I haven't broken it down, to be honest.
It's not like, you know, it's not what most people would think, like a sea of like dog crate condos.
It is like a mix of people just like, hey, I bought too big of a house.
Like, I can't afford the mortgage payment.
Um, but yeah, so yeah, it, it takes time, right?
I mean, usually what happens is like, if you miss a payment, then your lender talks, he says, Hey, you know, how can we get you back on track?
It's a very long and expensive process.
So people don't typically want to go like a lender doesn't really want to go to court.
Um, so you'll try to typically work with the board.
You have to show the courts that you worked with them.
And then usually you'll give that person time to say, Hey, okay, you know what?
You go hire a realtor first and try to sell it yourself.
Usually what happens is that sale will get dragged out and they're like, okay, you're taking too long to sell, buddy.