Toronto Foreclosures Are SURGING - Check Out These DEALS

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This video discusses a surge in Toronto foreclosures, highlighting properties sold significantly below their purchase price, which is a major concern for the current "Toronto real estate" landscape. We examine what this means for the broader "housing market" and the impact on those considering "home buying" or "home selling".

This crucial update helps both sellers and those considering "buying a home" understand the current "real estate market" trends. This video breaks down the surge in Toronto foreclosures, highlighting properties sold significantly below their purchase price within the greater Toronto area. We examine how these foreclosure deals impact the broader Toronto real estate market and what they signal for future housing market trends. These aren't isolated incidents due to renovations or panic selling, offering a look into current real estate market conditions.

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00:00 Introduction
01:04 97% GTA is in underbidding territory
01:35 Why power of sales are surging
03:00 Mortgage fraud in the GTA
03:39 513k loss on a cottage
04:03 Risks involved with buying a bank sale
04:43 Want to receive a daily list of bank sales?
05:21 Exploring bank sales on the market
05:28 Scarborough bank sale for 799k
06:38 Mississauga bank sale for 910k
08:10 Caledon bank sale for 1.149Mil
10:18 Oshawa bank sale for 450k
12:15 Stouffville bank sale for 11.8Mil
15:28 5 least expensive areas