During enforcement
If your sale is still open.
An owner can sometimes still sell after enforcement has started. The window is practical, and it is not open-ended.
A listing is not a pause
Photos, a sign, or a note to the lender that you “have a plan” do not stop the process. If the lender signs a binding agreement, your own sale may end. A court order or possession can close it too. Ask the lawyer, in plain words, whether you can still sign a transfer.
How Valeo runs it
- Payout figure and notice dates in the same briefing.
- A price from comparable sales and from the time a real buyer needs.
- Accurate statements about timing and condition.
- A choice between a public sale and a quiet one.
- Your lawyer and the lender’s side aligned on discharge and date. See coordinated sale.
Catching up missed payments does not always cure the file or unwind an agreement already signed. The comparison of the two kinds of sale is on your sale or theirs.
A listing does not stop a lender’s enforcement. Paying what is overdue does not always put a mortgage back in good standing. An Ontario lawyer confirms notice deadlines, the payout, and whether a lender has already signed an agreement. This page is general information, not legal or financial advice.