Foreclosures in Fort McMurray

Information on Foreclosures in Fort McMurray

People try to find foreclosure listings for sale because they are looking for a deal. And it's true that much of the time, the list prices of foreclosures (and other types of distressed listings) are lower than the list prices of generic homeowners. It's all about risk, work & reward. Foreclosure is the process where lenders (often banks) become the owners of homes because the previous homeowners have stopped paying a mortgage. Banks (or their lawyers, acting as agents) list these homes for sale in order to recover their investments. Generally, those agents specify what kind of contract they require the buyer to sign. They may be listed 'as is where is' or 'as is where is on possession', which mean different things (differing levels of risk). They may or not be discounted for this risk... Sometimes foreclosures and court listings are good deals, but not always, and don't forget that generic listings can be well priced, too. Often it is possible to have a property inspection as well as a financing condition during the purchase of a foreclosure, but not always. The properties below have either been listed by their REALTORS® as “court sales”, or "bank/financial institution-owned" or "foreclosure".

Foreclosures in Fort McMurray Listings

176 Archibald Close

Timberlea 5 Bed 3.5 Bath 1351sqft

EXP REALTY

9918 Gordon Ave. #213

Downtown 2 Bed 2 Bath 996sqft

RE/MAX FORT MCMURRAY

295 Williams Drive

Wood Buffalo 4 Bed 3.5 Bath 1796sqft

RE/MAX FORT MCMURRAY

256 Grenfell Crescent

Gregoire 3 Bed 2 Bath 1514sqft

The Agency North Central Alberta

252 Cree Road

Timberlea 3 Bed 2 Bath 1204sqft

RE/MAX FORT MCMURRAY

188 Mustang Road

Prairie Creek 3 Bed 2 Bath 1225sqft

RE/MAX FORT MCMURRAY

Foreclosure

124 CARD Crescent

Timberlea 3 Bed 1.5 Bath 1203sqft

RE/MAX FORT MCMURRAY

185 Berens Place

Timberlea 5 Bed 3.5 Bath 1504sqft

EXP REALTY

Foreclosure

264 J.W. Mann Drive #15

Wood Buffalo 3 Bed 3 Bath 1178sqft

EXP REALTY

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