We Have A Smarter way to find undervalued Real Estate in Calgary
The Calgary Foreclosure Boom Ended in 2013
Banks and mortgage companies caused the foreclosure boom and ended it as well.
Stop Chasing Foreclosure deals means:
Avoid Un-Conditional Cash Offers
Avoid bidding wars on scarce supply
Avoid buying “as is” with no inspections
Avoid waiting months for the next deal to show up
Avoid missing opportunities in your own communities
Regular Offers can be negotiated back and forth in a timely manner
Regular Offers can include Buyer Conditions like Financing and home inspections
Every Calgary Community Has A Pattern of Historical Sales We Use To Find Deals Others Miss.
McKenzie Towne in south Calgary is one community that has had over 6,000 sales in the past 30 years. We use that data to reveal home price trends. We want to know the current floor, ceiling, average sale prices and sales volume.
When we know the averages of our target community and home type we set ourselves up with a Market Watch Home Search to automatically email us only new listings under the averages which are our deal finding ceilings.
These 12 listings on the date of this article have prices below the community averages. If there are foreclosures that fall under the averages they are in the list as well. Chances are on closer inspection there might only be a couple of real deals out of this list of 12 that could be from highly motivated sellers. And those are the deals we want. Regular deals with Regular buyer protections and conditions from the most motivated sellers.
Charlie Munger of Berkshire Hathaway Fame and his buddy Warren Buffett were fond of looking at the inverse of problems. If finding real estate deals is a problem. The inverse is Can We Make The Deals Find Us?
And the answer is yes! All day long in every community there are deals ready for the ready to buy investor.
Let’s talk communities, numbers, home styles and Make The Deals Find You!