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

9919 Gordon Ave. #302

Downtown 2 Bed 2 Bath 900sqft

RE/MAX Connect

354 Grosbeak Way

Eagle Ridge 4 Bed 3.5 Bath 1058sqft

RE/MAX Connect

8535 Clearwater Drive #206

Downtown 2 Bed 2 Bath 1052sqft

ROYAL LEPAGE BENCHMARK

Foreclosure

149 Clausen Crescent

Timberlea 3 Bed 2 Bath 1616sqft

COLDWELL BANKER UNITED

Foreclosure

176 Fullerton Drive

Dickinsfield 3 Bed 2 Bath 934sqft

ROYAL LEPAGE BENCHMARK

Foreclosure

5627 Draper Road

Waterways 7 Bed 5 Bath 2426sqft

ROYAL LEPAGE BENCHMARK

New

Foreclosure

305 Ash Way

Timberlea 3 Bed 2 Bath 1515sqft

COLDWELL BANKER UNITED

New

Foreclosure

157 Cree Road

Timberlea 3 Bed 2 Bath 1039sqft

ROYAL LEPAGE BENCHMARK

New

Foreclosure

57 Poplar Crescent

Gregoire Lake Estates 3 Bed 2 Bath 1520sqft

COLDWELL BANKER UNITED

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