[img]http://drive.google.com/uc?export=viewpadding:10px 10px 10px 0px;border:0px;">There are a lot of sellers who have walked away from negotiations when they were so very close to striking a deal. Keep in mind that the realtor might not always choose to renew. Once an offer or counter-offer is accepted and the conditions are met, you need a notary (or a lawyer in Ontario) to close the sale. Why realtor fees you ask. This is a preliminary step to selling the property at public auction for satisfaction of the tax lien. But look for a Realtor that knows the ropes of the court house steps, that person should know or have access to all the properties in default, and trustees sales that are getting ready to go to auction.

Most mortgage loan contracts only permit the regular payments to continue for a specified term which is shorter than the amortization period. But what's the difference between agents and brokers? While this will not allow you to keep your home it will prevent you from going through a foreclosure and will release you from all responsibility to repay the mortgage debt.