Foreclosures can offer good value, but they work differently from a regular sale. In Alberta, most foreclosures are sold through the court, so your offer is usually subject to court approval, the property is sold as-is, and there may be little information about its history or condition.
That makes a thorough inspection and a clear understanding of the court process even more important. I'll walk you through how it works, from your offer to the court date. Current foreclosure listings are below.
