How to Spot a Lethbridge Foreclosure

By
Real Estate Agent with Lethbridge Real Estate.com

I often get asked by people looking at Real Estate in Lethbridge Alberta about foreclosures.  When you are browsing through listings, there are a few hints that a listing may be a foreclosure:

1)  It says As is where is, somewhere in the description, or might even mention a schedule A.

2) You can see that there are notices taped to the front door or the front window in the photos

3) You can see tape across the toilets and sinks, (this means that the water has been shut off on the property)

4) The property will most likely be vacant and there will be no personal belongings in the home

Just because it is a Lethbridge foreclosure, it does not mean that it is in rough shape, or a fixer upper.  Many foreclosures now are in fine condition.  Just because it is a foreclosure does not always mean that it is a good deal too.  There are many foreclosures that are selling below market value, but make sure you understand the pros and cons of buying a foreclosure in Lethbridge before proceeding.

 

For more information on great deals on Lethbridge Real Estate, give me a call at 403 -795 -8783

House with Notice in Window

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Jennifer is a Real Estate agent in Lethbridge, Alberta.  Some of her specialties include student buyers, out of town buyers and sellers, and extensive Internet marketing of her properties. Whether you are buying, selling, or just want some information, just call Jen at 403-795-8783

Search Lethbridge MLS® listings here:
www.viewlethbridge.com/searchmls.html

Jennifer Brodoway, Lethbridge REALTOR®
www.viewlethbridge.com

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Topic:
Real Estate Best Practices
Location:
Alberta South Lethbridge
Tags:
lethbridge real estate
lethbridge foreclosures
how to find foreclosures in lethbridge alberta

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Rainer
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Lorena McMullen
3DX Real Estate - Novi, MI
Serving SE Michigan

Hi Jennifer,

   Our MLS makes us disclose if a property is bank owned or a HUD House.  We can omit or include them in a property search which is really a nice feature.    

Jan 17, 2013 07:49 AM #1
Rainmaker
82,104
Jennifer Spanbauer Brodoway
Lethbridge Real Estate.com - Lethbridge, AB
just call jen

Hi Lorena,

In Lethbridge, Alberta, most of the banks do not want you to mention it is a foreclosure in the listing.  As a realtor, we can see who the seller is, but the public cannot.

Jan 18, 2013 12:50 AM #2
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Rainmaker
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Jennifer Spanbauer Brodoway

just call jen
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