Okotokos Foreclosures For sale today

See all foreclosure listings for Sale in Okotoks Alberta here. We have all Court Ordered Houses For Sale and Bank-Owned Home Foreclosures in all price ranges and all Okotoks communities. We make finding active Foreclosure Properties For Sale Easy. Browse through all the listings of Houses, Townhouses, Condos, Land, Distress Properties, Handyman Sweat Equity Homes, Fix n Flip Opportunities, and a few foreclosures that are Move-In Ready Homes. When you see something you like feel free to contact us and we can help you purchase a foreclosed property.

Okotoks Alberta Foreclosures For Sale

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  • 42 Drake Landing Heights Okotoks Home For Sale

    42 Drake Landing Heights Okotoks Okotoks T1S 0E4
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    $610,000
    Residential
    Status:
    Active
    MLS® Num:
    A1165934
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,702 sq. ft.
    Location! Location! 2700 Sq.Ft 2 Storey situated on a Quiet Close and backing onto an Environmental Reserve Pond and Walking Path! Entertainer's Delight Main Floor! Huge Kitchen with upgraded cabinets , Walkthrough Pantry and a Large Island opening 2 a Living Room/Dining Area with a three sided fireplace and doors leading to a huge Sundeck overlooking a Nature Lover's Paradise. Also a Den/Office and a two piece bath. Upstairs there is a Bonus Room, Laundry Room, three good-sized Bedrooms, and an Office. The Master is Massive and includes a nice four piece en-suite and seating area that you can appreciate the View from! over 1200 square feet in the sunny basement awaiting your development ideas. More details
    Listed by RE/MAX REAL ESTATE (CENTRAL)
    Jerry Charlton
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Data was last updated December 8, 2021 at 06:05 PM (UTC)

Buying Foreclosed and Repossessed Homes in Calgary Alberta Canada

Buying a foreclosure home in Calgary is much like buying a non-foreclosure with a few exceptions. Foreclosures are sold "As Is" on the day you get possession. No appliances are included in the contract and if they are there on possession day they are yours. No Real Property Reports or Condo Docs are supplied by the sellers. Offers to purchase must be unconditional unless it's a bank foreclosure listing. For more information on how to buy a foreclosure property in Calgary, contact us anytime.

Foreclosures, Bank Owned Homes, Court Ordered Judicial Sales, Distressed Homes, Handyman Homes

When a homeowner stops making mortgage payments, which can happen for many reasons the mortgage is in default and a lender moves to get the property back. Once the banks have control of the property they start the selling process.


Banks normally do absolutely nothing to get a home ready to sell. They simply put them on the market and try to get as much money as possible for the foreclosure in the condition they received the property in. No repairs, No Cleaning, No Nothing... "As-Is Where-Is" is the common term used.


Bank Foreclosures can be a great deal for someone willing to get the property back in shape. A lot of the deal is in getting the property back up to date and catching up on the neglected maintenance. Do It Yourselfers love buying foreclosures from banks for these reasons alone.


Buying a Bank Foreclosure in Calgary Alberta Canada is much like buying a non-foreclosure with a few exceptions. Those exceptions could exclude typical things you get in a normal sale. In a normal sale, the seller has provided a Real Property Report with the current stamp of approval from the city. Not so with foreclosures.

Banks often use what they call a Schedule A that is part of the Offer To Purchase a Foreclosure. The Schedule A basically says the bank accepts zero responsibility for anything and you can't complain about anything after you buy the property from them.


Buying foreclosures is easy with an experienced knowledgeable Foreclosure Realtor and Mortgage Agent.

Feel Free To Contact Us Anytime - We Are Here To Help You Buy, Sell and Invest in Calgary and Area Real Estate.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.