About Buying Foreclosures

Get The Truth About Buying Calgary Foreclosures

The flow chart below answers many questions about buying foreclosures in Alberta.

What is the difference between a bank-owned foreclosure and a judicial sale?

Can the owner stop the sale of a foreclosure?

What is the average sale price to list price for foreclosures in Calgary?

Do foreclosure sellers supply Real Property Reports and Condo Documents?

Are all foreclosures listed on the MLS System?

Are banks and courts really motivated to sell off the foreclosures cheaply?

Are appliances included with foreclosed property sales in Calgary?

Can you add buyer conditions to an offer to purchase a foreclosed home?

Will the banks and courts give you a counteroffer if they don’t like your offer?

Buying Foreclosures in Calgary is a bit different than buying a non-foreclosure. Once you understand the process, you can decide for yourself if buying Calgary foreclosures is for you. 

Have a look at this foreclosure flow chart, and call us to talk about any parts you want more information on.

 

Foreclosure Flow Chart

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