How Much Equity Do You Need to Stop a Power of Sale in Ontario?

Power of sale situations are some of the most stressful things a homeowner can face — and one of the biggest misconceptions I see is that bad credit or missed income automatically means it's over.

It's not always that simple.

When I'm working a file like this, the real question isn't your credit score or your last pay stub. It's equity. Specifically: after everything owed is paid out — arrears, legal costs, lender fees, carrying costs — is there still enough equity in the property to make a clean exit?

If the answer is yes, there are options. A short-term private mortgage can stop the power of sale clock, buy you time to sell on your own schedule, and protect far more of the equity you've built than a lender-run sale would leave you with.

If the answer is no, the honest advice is to sell now — before the costs compound and the gap gets worse.

I found this breakdown really useful for understanding exactly how that equity math works in Ontario:
https://stonefieldcapital.ca/insights/equity-needed-to-stop-power-of-sale-ontario

If you or someone you know is dealing with a power of sale situation and wants to understand what options actually exist, reach out — I'm happy to walk through it with no pressure.

#PowerOfSale #OntarioRealEstate #MortgageHelp #HomeEquity

Subject: Facing a power of sale? Here's how the equity math actually works

Hi [CLIENT_NAME],

I wanted to share something that might be helpful — whether you're dealing with this yourself or just want to understand how these situations work.

When a power of sale is in motion in Ontario, most people assume that missed payments and damaged credit mean all the doors are closed. That's not always true. The real question a private lender asks isn't about your income or credit score — it's about equity. Specifically, whether there's enough equity in the property, after all outstanding amounts and costs are accounted for, to support a safe exit.

I came across a clear, practical breakdown of exactly how that calculation works — written by an industry expert we work with. It walks through what needs to be covered, what a private mortgage can and can't do, and when the honest answer is to sell before costs grow further.

You can read it here:
https://stonefieldcapital.ca/insights/equity-needed-to-stop-power-of-sale-ontario

If your situation — or someone you know's situation — involves a power of sale and you want to talk through whether there are options, I'm here. No obligation, just a straight conversation.

Warm regards,
[YOUR_NAME]
[YOUR_BROKERAGE]