Let’s talk about how to find you an amazing deal in Edmonton, Alberta, whether it be single-family homes or condos now foreclosures, bank loans, court sales, or judicial sales, these can be amazing options and you can get great deals by just keep in mind if you’re a first-time homebuyer, this might not be always the wisest decision.
Why?
Because nine out of 10 times these foreclosures go in multiple offers now manner 10 times the sales actually want you to these people wanting to have unconditional offers needing no inspection No financing, not saying they’re all like that most of them won’t be like that unless you got a lot of cash and you have the connections to buy something that’s kind of beat up and fix it up. Not might not be always the best idea so my recommendation to you would be not only to look at our foreclosure and such but also to look at for sale by owners as well. Now sometimes those for sale by owners are out for lunch, but sometimes they’re actually priced very, very low. I helped recently helped one of my clients.
They bought a for sale by the owner oh my goodness, we got an amazing deal. I could have literally put a for sale sign in their yard the next day and would have probably made about 80 to $90,000 extra just because of the value of that neighborhood or more. So my recommendation to you would be is to hire a real estate agent that knows the market that knows the area and they will send you an up-to-date list every single day as soon as something pops up for you to be the first one to look at the property, so you can go and get an amazing deal with it.
