In Ontario, lenders use power of sale rather than foreclosure to recover on defaulted mortgages. If you're behind on payments, acting quickly by selling your home can protect your equity and your credit before the process begins. Our process is straightforward: we visit your property, show you the full offer math, and you decide — on your terms, on your timeline.
⚠️ Time is critical
If you've received a notice from your lender, contact us and a real estate lawyer immediately. The sooner you act, the more options you have. We can often move within days when urgency requires it.
Simple 3-Step Process
How It Works
1
Tell Us About Your Home
Fill out the short form or call us directly. Share the address and a few details — no photos, no cleanup, no judgment needed.
2
We Visit & Present a Transparent Offer
We arrange a walkthrough at your convenience and present a detailed cash offer with the full breakdown of how we arrived at the number. Zero pressure to accept.
3
You Choose the Closing Date
Close in as little as 7 days, or take up to 90+ days. We handle all the paperwork. You receive your cash.
Complete Transparency
How We Calculate Your Offer
We show you the exact math on every offer. No black boxes, no mystery numbers.
Example: 3-bedroom Ottawa home needing moderate updates
After-Repair Market Value (ARV)~$480,000
Estimated Repairs− $55,000
Closing Costs & Legal− $8,000
Our Operating Margin− $22,000
Your Cash Offer= $395,000
Every offer comes with this breakdown. You decide if it works — zero pressure.
From a Real Ottawa Homeowner
★★★★★
I was behind on payments and terrified. A friend suggested NestBridge. They were direct about my situation, made a fair offer, and we closed before the lender could act. I walked away with enough to start fresh.
Common Questions
What Ottawa Homeowners Ask Us
Power of sale is the process Ontario lenders use to sell a property when a borrower defaults on their mortgage. Unlike US-style foreclosure, the homeowner retains any surplus equity after the lender is paid — but the lender controls the sale process, which typically means a low selling price at auction.
In Ontario, lenders can begin power of sale proceedings after 15 days of default. The full process typically takes 35–60 days from the first notice. Acting early gives you the most options.
Yes. If we close before the lender acts, you sell on your terms, pay out your mortgage from proceeds, and retain any remaining equity. Once the mortgage is discharged, the lender has no further claim.
That depends on your current mortgage balance versus the property value. We'll discuss this transparently when you reach out — we want to make sure the numbers work for you.
Absolutely yes. If you're facing power of sale, contact a real estate lawyer immediately. Time is critical and legal advice is essential. We can recommend local Ottawa real estate lawyers if needed.
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