Foreclosures and Distress Sales:

Foreclosures and distress sales are a great opportunity to find a great home at a bargain basement price!  Calgary Real Estate Choice can advise you on the necessary procedures and appropriate price to offer to get the deal of a lifetime.

Foreclosure Tips and Traps!

Buying a foreclosure can be a lucrative investment.  Your goal is to buy property far below market value so your investment already has substantial equity on the day you take possession.  Calgary Real Estate Choice understands the foreclosure process, and can assist you in locating foreclosures at their earliest stages, and through the extremely complex process of purchasing a foreclosure.

Government Sales

The Canadian Government seizes many homes each year for various reasons.  These homes can be lucrative investments for the clever home or investment property buyer!  After the homes are seized by Government agencies they are often made available for sale.

Bank Seizures & Financial Institution Seizures

Banks and financial institutions take back homes that they have mortgaged, which have defaulted on payments.  They then sell the home to recoup as much of their outstanding monies as possible - not necessarily the market value of the home, as this value has been paid down by the previous owners, or puchased at an earlier time, meaning in a previous market with a climate of lesser value than the present market.

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