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

109 Sitka Drive

Thickwood 3 Bed 2 Bath 706sqft

RE/MAX Connect

Foreclosure

122 Galt Place

Timberlea 2 Bed 2 Bath 1373sqft

RE/MAX Connect

Foreclosure

176 Fullerton Drive

Dickinsfield 3 Bed 2 Bath 934sqft

ROYAL LEPAGE BENCHMARK

189 Ash Way

Timberlea 5 Bed 2 Bath 1486sqft

RE/MAX Connect

Foreclosure

121 Raven Place

Thickwood 3 Bed 1.5 Bath 545sqft

RE/MAX Connect

105 Simpson Way

Thickwood 3 Bed 1 Bath 1091sqft

COLDWELL BANKER UNITED

Foreclosure

140 Cree Road

Timberlea 3 Bed 2 Bath 1168sqft

ROYAL LEPAGE BENCHMARK

Foreclosure

292 Grandview Crescent

Gregoire 3 Bed 1.5 Bath 1209sqft

ROYAL LEPAGE BENCHMARK

Foreclosure

158 Erindale Road

Thickwood 4 Bed 1.5 Bath 967sqft

COLDWELL BANKER UNITED

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