Tag Archive | "Navtaj Chandhoke"

Foreclosure Process in Canada


The word “foreclosure” is a nightmare for the property owner as well as for the Lender. It happens all the time, regardless which cycle the market is going through, although the numbers do tend to go up during the Real estate bust cycle.

Foreclosure is a legal action that a money-lender can take if the person who borrowed money using a mortgage stops paying back that mortgage. Foreclosure allows the lender to take or sell that person’s house by first getting a Court’s permission to do so.

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Navtaj Chandhoke


Navtaj Chandhoke is a Canadian-based real estate investor, speaker, author and educator. He is the founder of the Professional Real Estate Investors Group (PREIG) Canada leading real estate investors education, support,network and mentoring program.

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Stopping Eviction In Ontario


Eviction process

The Residential Tenancy Act provides the protection for both the landlord and the tenant. This act is also governed by the landlord and tenant board. In case there is a rental dispute and the landlord is proceeding to have the tenant evicted, the tenant can exercise the right to stay in the property.

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Toronto REI Club meeting


Professional Real Estate

Investors Group (PREIG) Canada

has provided "Monthly Real Estate Investors mentoring, support and networking " for all  type of  Canadian Real Estate Investors , for the past 5 years at the same location. Come and continue to grow with us!

presents

"How to write a Killer Offer "

All MEAT no potatoes (filler)

How to write and use phantom, bully and sniper offer in your favor?
Why Home seller will accept your low ball offer versus full price offer?
Speed networking for Real Estate investors.

with very SPECIAL GUEST SPEAKER


Monthly Real Estate Investors mentoring, support and networking meeting


Date: September 8th , 2010

Time: 7:00pm - 10:00pm Please BE ON TIME

Venue: Radisson Hotel East, 55 Hall crown Place, Toronto M2J 4R1.
401/Victoria Park | Hotel Phone 416-493-7000

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Alberta Foreclosures-Appraisels


The purpose of obtaining an appraisal is to have a professional determining the current value of a property. The definition of a market value is: “the highest price in terms of money which a property will bring in a competitive and open market under all condition requisite to a fair sale, a buyer and seller, each acting prudently, knowledgeably, and assuming the price is not affected by undue stimulus.

There are guidelines for a professional appraiser to evaluate the current market value. Each appraisal shall contain a supporting value. These are the following minimum requirements:

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Power Of Sale in Ontario


Whenever there is default in mortgage payments, the lender have the right to recover and safeguard their interest. Both lender and property owners have to follow the Ontario Mortgage Act to protect themselves under the privileges available for both of them.

The Power of Sale proceedings in Ontario are generally quite speedy, as the proceedings are usually laid out in the mortgage documents. Power of sale was initially developed in Ontario by lenders who wanted a faster way to dispose of property and to recover the debt.

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