u/Chance_Vegetable_780

My 61 year old sibling has just started receiving OW, and is dealing with mental health issues - he is in treatment. He wants to work.

He has disclosed to OW that he's currently diagnosed with major depressive disorder, anxiety (severe), and a possible mood disorder.

Will OW:

-Adjust his employment expectations to a slower or more gradual pace?

-Refer him to Employment Ontario providers who focus on supported employment? *THIS IS MY HOPE*

-Encourage low-stress or incremental job readiness steps (not immediate full-time work)?

-Allow modified participation requirements if his condition limits capacity?

-does OW provide caseworker job support for a person in this situation?

My hope is he will be helped by OW to find a low stress job with an employer who knows of and accepts his current mental health challenges, and a job where he is supported by his boss/the company

I am hoping for professional advice please. It's very difficult times. Covid silenced the family business, we've little to stand on. The house is going up for sale tomorrow but the Real Estate Agent has just now introduced essentially trying to negotiate a short sale (sell for less than the mortgage balance, with lender approval - hopefully).

The bank is owed 2 million dollars for the house. Asking price is 2.2 million as of tomorrow. The concern is only bids lower than 2 million may come in and we will owe the bank the difference - which we don't have.

The real estate agents theory is to hold an auction style sale starting at $100,000 asking, to create flurry of interest ideally. If all bids in that scenario were to come in below the 2 million (amount owed to the bank), the agent will present those offers to the bank. The agent would hope to use the offers as evidence of current market value. Hopefully the bank would accept the highest bid (if lower than the 2 million owed) and will agree we do not owe the bank any money.

Yes, I asked chatgpt, it offered more cons than pros and said the auction approach is risky. The market is slow and the recommendation is this strategy works in a hot market, not slow. My thought is to list it for 2.2M for two weeks see what happens because I understand the first 2-3 weeks are when most serious buyers see it. If no action after two weeks, then consider the auction approach.

There are a few special things about the home, the greatest being it's on a great beach. Any help is appreciated.

UPDATE: thank you sincerely to everyone who took time to comment.