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Estate Sales in Toronto, Mississauga, Etobicoke, Oakville, Brampton and other areas north and west of the GTA

An Estate Sale is the sale of real property left by a person at his or her death.  There are hundreds of Estate Sales that are currently on the MLS in the GTA and these properties must be sold.  Sometimes Estate Sale properties are run down and in need of renovations or improvements.  Often the executors don't have the time or inclination to put in the effort to bring these properties up to general expected standards.  Thus, buyers tend to get these properties below market value and sometimes great buying opportunities present themselves in estate sales.  I  know how to find these properties for you and will send them to you via email. 


 

Would you like to automatically receive new or changed MLS listings of residential Estate Sales in the GTA, including Mississauga, Toronto, Milton, Oakville, Newmarket, Vaughan, Markham, Brampton and Etobicoke areas?  This would include new Estate Sale listings as they are added to the MLS database system.  You may fill in the fields below and click the Subscribe button below. 

I will not send out the Estate Sales nearly as often as I do the Power of Sales, maybe once per week.  The reason for this is that the Power of Sales sometimes sell in one or two days, the estate sales usually take a little longer. 

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What is an Estate Sale Property?Power of Sales Properties

What's an estate sale?  The sale of real property left by a person at his or her death.  There are many Estate Sales that are currently on the MLS in the GTA and these properties must be sold.  Often the executors don't have the time or inclination to put in the efforts to bring these properties up to general standards.  Thus, the buyers tend to get these properties below market value and sometimes great opportunities present themselves in estate sales. 

An estate auction can involve the sale of real property through an auction.  Auctions are not a common option in the GTA.

A Real Estate estate sale is the sale of a property where the owner is deceased.  An estate sale can also be a type of garage sale, yard sale or auction to dispose of the majority of the materials owned by a person who is deceased or will be moving.  Estate sales are usually conducted by a professional, for a percentage of the revenues. This is because the scope of the process is usually overwhelming to the survivors, and for the specialist's experience with pricing antique items, his or her following of customers, and the specialist's experience in disposing of unsold goods in an unsentimental manner after the run of the sale.  Antique and collectible dealers use estate sales as one of their more important wholesale sources.  Estate sales are typically 1 to 3 days long, often with a price reduction toward the end.

Where the survivors of the deceased cannot agree to the disposition of tangible property, a court may order those goods to be sold in an estate sale with the proceeds to be divided between the survivors.  This may also include the sale of the real estate on the MLS.  The executors may also agree that the best method of selling the real property is through the MLS.  Often executors are located a great distance from the real property and as such don't have the time or inclination to hold the property for long periods of time, they just want it sold!  Such a sale and division may also be mandated in the will of the deceased.

Why Use a Professional Real Estate Agent when Selling your Estate Sale Property?

Holding an estate sale can often be an overwhelming experience. Professional Real Estate Agents like myself have experience in coordinating estate sales, taking the burden off of you or your loved ones.  We can take care of all the details to ensure the sale of the property is a success.  Read more details about selling your estate sale propertyRequest an evaluation of an estate sale property.


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| Agents and Realtors beware | Power of Sale Properties

 

You will receive a very fast answer from me, thank you and have a great day!  Mark
 Example of a Luxury Power of Sale Property   Example of a Rural Power of Sale Property   Example of a Mississauga Luxury Property Forecosure Property for Sale   Another type of Power of Sale Property along Mississauga Road in the GTA
You will find that there are many types of the power of sale and foreclosure homes in Mississauga and surrounding areas.  The homes pictured above are similar to many home styles that you will find here in Mississauga and just outside of the GTA.  Let me show you how you can find these types of Power of Sale homes and show you how you can afford to move up to your dream home.  Please email me at mark@mississauga4sale.com  Or, you may use this form to sign up to my POS newsletter.

You will often see advertisements about Court Auctions, Pre-Forclosures, Homeowners in Bankruptcy, HUD Homes, VA Homes, Government homes and similar sounding wording.  In my experience, some of these types of investment property opportunities come out of the US and are not as common here in Ontario.  In our trading area, most of the POS, Tax Sale properties or foreclosure properties are put on the MLS.  The reason for this is that our provincial laws are very strict about the procedure and marketing of a power of sale property and the company or person who is initiating the power of sale must do their best to obtain what is called TRUE market value as opposed to fair market value for the property, otherwise if the property is sold too far under TRUE market value, the owner could sue them for the difference.

 (Some area restrictions may apply)

You may wish to learn more and read a very detailed analysis of Power of Sale Properties

Power of Sale and Tax Sale properties - questions and answers

Power of Sale and Tax Sale properties - questions and answers

You may wish to learn more and read a very detailed analysis of Power of Sale Properties

Read more about Tax Sale Properties.


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