Unfortuately there are many foreclosures properties in Calgary…

While you can buy some foreclosure real estate at below-market prices, it also brings a unique set of circumstances that you may not encounter in a more typical home buying scenario.

Many markets saturated with foreclosed properties, more prospective homebuyers are taking a closer look at these types of properties than ever before. Purchasing a foreclosure isn't just a simple matter of scoring a dirt-cheap bargain, however. What should you worry about--or not--when buying a foreclosed property?

Foreclosures being sold by banks have long been an attractive opportunity for real estate investors. But today many consumers are purchasing them as primary residences.

The big attraction of purchasing a foreclosure is the expectation...

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A summary of factors that affect your credit score:


The BEACON score is calculated based on the information contained in your Equifax credit history. While knowing your actual score is a good start, understanding the key factors affecting your BEACON score is much more important. These factors will provide you direction on how you can increase or maintain your BEACON score over time.

The negative factors listed below are reasons why your BEACON score might not be very high. Your focus on these factors will help you to raise your BEACON score over time. These negative factors are provided in order of impact to your score, the first factor listed indicates where you stand to gain the most points over time and so on.

 

You have recently been seeking credit as reflected by the number of inquiries...

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While on Realtor Tour today - Dec. 11, 2012

I saw a great home that boast a fully developed lower level, plus bonus room and 3 bedrooms up.  Total of 4 bedrooms and 4 bathrooms.


Fully fenced yard, and rear deck with dog run area.  Home has been taken care of for a foreclosure.  $411K  - In Cooper's Crossing 

With a quick possession - and negotiable price...this home can be yours - or a great revenue property - that could rent out for atleast $1800 plus a month.


I also found a few condos - townhouses in Airdrie that might appeal to a few folks.  Affordable living with easy care.  Condo fees cover the exterior maintenance - if you don't want the yard work.


I also saw a recently renovated older home - kitchen has been renovated very nicely.  House is a bit...

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