Mortgagee in Possession?
What is a Mortgagee in Possession? This video outlines the Mortgagee in Possession process, timelines, duties of an Agent and the benefits of such an appointment.
In the video, you'll discover these key points:
What Mortgagee in Possession is
How is an Agent for Mortgagee in Possession appointment commenced
What are the standard duties of an Agent for Mortgagee in Possession
What are the benefits of an appointment of an Agent for Mortgagee in Possession
How are the proceeds from the sale of the property distributed
How long does it typically take to complete the process
