How do home foreclosures work in Canada?

Issue:

I’m interested in buying a home, and I keep hearing that my area (Windsor, Ontario) has a high foreclosure rate. How do I find these homes?

Question :

How do home foreclosures work in Canada?

Best Solver (Answer):

Answer by hanora
Call a realtor and ask about power of sale homes. It is the more frequent route in Ontario when people default on their mortgages.

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