POS PropertyManagement Inc.

From writ to sold, we look after the property.

POS Property Management takes care of power of sale properties for lenders and their lawyers. We attend the eviction, secure the home, clear it, clean it, and check on it every week until it sells.

How a file moves with us

Not every property needs every step. You approve anything that costs money.

  1. Instructions inLender or lawyer sends the file. We confirm the address, date and special instructions.
  2. Possession dayWe attend with the sheriff, or take vacant possession once counsel confirms in writing.
  3. SecuredLocks changed, lockbox installed, utilities checked. Report to you within 24 hours.
  4. Belongings & junkBorrower move-out coordinated. Junk removal only after your written approval.
  5. Clean & repairDeep clean and any approved repairs, quoted to you first.
  6. Weekly checksInspections every 7 days with photos until the property is sold.
  7. Listed & soldReady for market. We keep it safe and tidy until closing.

What you can count on

These are our working standards on every file.

24 hPossession report

Condition, occupancy, photos, lockbox and utilities, sent within 24 hours of possession.

7 daysInspection cycle

Every vacant property is checked weekly, with photos, until it sells.

WrittenApprovals first

No junk removal, repairs or extra costs without your written approval.

1 fileEverything in one place

Instructions, photos, quotes, invoices and history kept together for each address.

Who we work with

We take instructions in writing from the lender or the lender's lawyer, and confirm every step back in writing.

Lenders & MICs

One point of contact for every property in default, with reports you can forward to your file.

Mortgage lawyers & clerks

We follow your written instructions to the letter and confirm every step in writing.

Private lenders & investors

Same care whether you have one property in power of sale or fifty.

Realtors

A secure, clean, inspected property and a lockbox ready for showings.

Common questions

Anything else, call us on 647-836-8697.

Which areas do you cover?

All of Ontario. Our office is in Brampton.

Who can send you a file?

The lender or the lender's lawyer. We act on written instructions and confirm every step back in writing.

What happens on possession day?

We attend with the locksmith (and security if needed), secure the property, change the locks and install a lockbox. The lender and lawyer are notified the same day.

When do we get the possession report?

Within 24 hours of possession, unless you instruct a different deadline. It covers condition, occupancy, photos, lockbox and utilities.

Do you remove the borrower's belongings?

Only after you approve it in writing and any legal requirements are met. We photograph everything first and send you a quote.

Do you handle tenant-occupied properties?

Yes, but tenant-occupied files follow counsel's instructions on the tenancy. We never assume a right to change locks or remove belongings.

How often do you inspect vacant properties?

Every 7 days, with photos, until the property is sold or you tell us to stop.

Have a property going to power of sale?

Send us the file today. We confirm the details and the plan by phone or email, usually the same business day.