Foreclosures in Calgary… Who doesn’t want a good deal?
Foreclosures in Canada work differently than the foreclosures or ‘short sales’ in the US. One of the results is that it is harder to find a ‘good deal’ on foreclosures here in Canada than in the US. Make sure you understand these differences before you decide to purchase a foreclosure in Calgary. Skip to see today’s foreclosures in Calgary
In reality, a foreclosure in Calgary often sells for market value, taking its current condition into consideration.
Buyer beware…
When buying a foreclosure, there are many things to be aware of. For example, foreclosures are sold without any warranties and guarantees. Ultimately, a buyer does not know anything about the history of the home, and there is no recourse for a buyer to sue the seller afterwards.
Foreclosures are sold without any warranties and guarantees
Request Daily Updates on Foreclosures
In general, in Calgary, foreclosures are sold via conventional banks, lending institutions, mortgage insurance companies such as CMHC or the Court of Queen’s Bench of Alberta. Every foreclosure includes unique procedures when it comes to buying. For example, some banks may allow a home inspection. With some institutions, including banks, you can negotiate on price. The Court of Queen’s Bench only accepts unconditional offers.
These are just a few tidbits on the purchase of a foreclosure. Realize there is always a risk, and the question is whether the risk is worth the ‘deal’. For some it will be worth it, but most depends on the risk one is willing to take.
By hiring us, you will have real estate agents working in your best interest, whether it be a foreclosure or a ‘regular’ purchase of a home.
12 Riverwood Close SE
Calgary
T2C 3Z4
$549,900
Residential
beds: 3
baths: 3.0
1,822 sq. ft.
built: 1990
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2031516
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1990
- Photos (12)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 1,821.55 sq. ft.
- Main Level Finished Area:
- 878.78 sq. ft.
- Upper Level Finished Area:
- 942.77 sq. ft.
- Lot Area:
- 4,144 sq. ft.
- Lot Frontage:
- 36'1"
- Front Exposure:
- West
- Unit Exposure:
- West
- Levels:
- Two
- Total Rooms Above Grade:
- 8
- Year built:
- 1990 (Age: 33)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 3.0 (Full:2, Half:1)
- Plan:
- 9012448
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Unfinished
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Concrete, Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Linoleum
- Cooling:
- Other
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 1
- Parking:
- Concrete Driveway, Double Garage Attached
- Parking Places:
- 4.0
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- Main Level
- Riverbend
- None
- N/A
- See Remarks
- Floor
- Type
- Size
- Other
- Main Floor
- Dining Room
- 13'8" × 8'7"
- Main Floor
- Kitchen
- 13'8" × 9'10"
- Main Floor
- Laundry
- 8'7" × 5'1"
- Main Floor
- Living/Dining Room Combination
- 15'7" × 9'6"
- Main Floor
- Family Room
- 14'8" × 13'4"
- Upper Level
- Bedroom - Primary
- 15'8" × 11'6"
- Upper Level
- Bedroom
- 11' × 10'
- Upper Level
- Bedroom
- 10'8" × 10'
- Upper Level
- Den
- 9'6" × 8'11"
- Floor
- Ensuite
- Pieces
- Other
- Upper Level
- Yes
- 3
- 10' x 8'7"
- Upper Level
- No
- 4
- 7'8" x 5'
- Suite
- No
- 2
- 2'7" x 6'11"
- Title to Land:
- Fee Simple
- Community Features:
- Schools Nearby, Shopping Nearby
- Interior Features:
- See Remarks
- Exterior Features:
- Other
- Patio And Porch Features:
- Front Porch, See Remarks
- Lot Features:
- Back Lane, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone SE
- Zoning:
- R-C2
- Listed Date:
- Mar 20, 2023
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- Listings on market:
- 3,213
- Avg list price:
- $560,000
- Min list price:
- $115,000
- Max list price:
- $9,500,000
- Avg days on market:
- 21
- Min days on market:
- 1
- Max days on market:
- 1,501
- Avg price per sq.ft.:
- $414.73
- REALTOR TANJA VAN DE KAMP
- Listing Realtor
- 403 978 8267
- Contact by Email
- REAL ESTATE PROFESSIONALS
- CALL, TEXT OR EMAIL
- 403 630 5190
- Contact by Email