Tag Archives: foreclosure

Foreclosures in Alberta up about 25%

Foreclosures in Alberta up about 25%

 

CALGARY, AlbertaJuly 12, 2017 There is a good opportunity currently available to Canadian real estate investors who wish to buy a house in Alberta, where the number of foreclosures is on the rise. You will discover many excellent bargains on Alberta pre foreclosures. If you're looking to invest in the real estate market, pre foreclosures in Alberta will offer you a wide array of properties at basement bargain prices.

Foreclosures are on the rise, up by about 25% annually over the past two years. Statistics from the province show a total of 5,746 properties were foreclosed on between April 1, 2016 and March 31, 2017. Of those, 2,277 were in Calgary and 2,523 were in Edmonton.

Giving away Canada's Real Estate top wealth building, Alberta foreclosure, incredible million dollar secrets, techniques and strategies at two events in Edmonton and Calgary-Alberta.

The first event, Canadian Real Estate Investment Education Live Seminar in Calgary

The second event, Canadian Real Estate Investment Education Live Seminar in Edmonton

Get your tickets for the live training at http://www.Flipping4Profit.ca.

In this Alberta foreclosure Real Estate Live training seminar, you will learn top ten ways to find deep discounted Alberta real estate deals.

Along with the strategies mentioned above, you will also learn the process to utilize other people's money for No Money Down. Gain knowledge on the many ways which you can find Canadian private hard money lenders. Find out the method which can be used to utilize Canadian financing to finance No Money Down deals. Last but not least, discover the techniques to find pennies on a dollar deep discounted property from the comfort of your home or office.

These 2 great events are eye openers for Virgin Real Estate Investors: If you have never invested in real estate, get started when the market is ripe for the picking. No money? No credit? No problem! You'll see exactly how our students have become financially free by using our proven methods.

Experienced Canadian Real Estate Investors will learn innovative great techniques and strategies. They will find out how to move up to the phenomenal income potential in our method of investing. Get proven Canadian strategies that take you from your current income to the next level you desire and put you in a whole new money-making league.

Canadian Real Estate Professionals have double edge benefits by attending both events too; now is the time for you to make more money in your deals. See how you can earn more than a commission and massively increase your net worth by getting into the action yourself.

We have been training Canadian creative Real Estate Investment strategies, techniques since 1993 successfully in small groups only.

 

Alberta Foreclosure LIVE Training

Alberta Foreclosure LIVE Training

Alberta  Is On Sale

Alberta Foreclosure LIVE Training  can make you a fortune that has been to the sale and that doesn't include the thousands of homes that haven't. Homes with mortgages in default, some in foreclosure, some not yet. All with desperate panic sellers looking for an answer

Some are upside down with no hope of being saved from the sale. Others still have plenty of equity but owners who are hurting and can't save their homes.

There's never been a time like this, and there may never be again. The rules are getting written daily, and the opportunities are so plentiful and vast, it's no longer an issue of finding deals, it's more of a selection process of picking the ripest, low-hanging fruit.

We expect at least another 12 months of fortunes at your feet, and we did an Alberta Foreclosure LIVE Training last year to help you capitalize on it before it's too late and this rare opportunity passes by. Fortunately for you, you will be able to take Alberta Foreclosure LIVE training 2016 in Calgary this year.

You see, you need to learn how to make money on almost any foreclosure…before, during and after the sale.

You need to see opportunities most don't, and you need to learn how and where to capitalize on them. We are  willing to share those secrets, strategies and techniques acquired over 30 years of Canadian Real estate experience and help you.

How To Make An Absolute Fortune In This Economy Harvesting                                     Alberta Foreclosure Gold

Here are some of the things we will  cover  in a simple, step-by-step format designed for beginners and pros alike in my three (3) day Alberta foreclosure LIVE Training 2017.

 

 

 

 

 

 

 

 

 

 

* Let the Panic Home sellers find you to sell their home

* How to find killer deals not in the MLS and target only the best prospects.

* How to pre screen in seconds any and all types of foreclosures whether they come with existing debt, one or two mortgages. This will allow you to get ten times more deals in a fraction of the time.

* It's probably the biggest mistake most investors make…chasing dead ends.

* How to raise the money to buy houses one at a time or in big blocks, and how to invest capital you have to get 300% returns on cash.

* What to offer on all-cash deals to absolutely guarantee you have a five-figure profit on quick flips you can do in a few days.

* How to have an army of anxious buyers waiting to take all the deals off your hands you can find, and how you can set up a simple but automated system to flip junkers and never talk to your buyer.

* How to get hundreds of thousands of dollars in free equity on houses before they go to the court without risk to you.

* How to buy your next residence with no down payment or credit, even if you've been through foreclosure yourself or are in bankruptcy. Your credit is irrelevant. No one will check it.

* How to sell the houses quickly to create cash now, cash flow and big paydays months from now when you least expect them. You'll learn how to get free assets and turn them into cash. Try that in the stock market.

You'll learn complete system on pre and post foreclosures in a manual with step-by-step instructions and a clear plan on what to do next, how to do it and how fast you can expect it to pay off at Alberta Foreclosure LIVE Training 2017

Please fill and submit this form to get updates on future real estate events. Once you have submitted the form, check your email. You would have received an email from preigcanada@gmail.com that would ask you to confirm your email address. Please also add preigcanada@gmail.com to receive future updates.

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Alberta Foreclosure LIVE Training

EYE Witness Boots on the ground Alberta Foreclosure LIVE Training  in the foreclosures supreme court

(Real time, real deals)

Reserve your seat at

http://www.flipping4profit.ca/alberta-foreclosure-live-training/

What you do get is Three (3) days of LIVE apprenticeship and complete systems manual and a day in practical field training which involves LIVE courts and two red hot virgin leads at the Alberta Foreclosure LIVE Training

Don't think about this. Just reserve your spot while you can. for Alberta Foreclosure LIVE Training  Our class size will be extremely small to get personal attention.

See you at the Alberta Foreclosure LIVE Training 2016!

"Today's Alberta's Foreclosure Market Has Created Opportunities For Overnight Wealth Unlike Any Other Time In History…"

Bankruptcy, foreclosure and exodus batter Calgary’s housing market~Geoffrey Morgan of FinacialPost | May 20, 2015 | The number of bankruptcy proposals in Alberta is up 24% in the six months ending in February 2015 The province is also home to the highest share of bankruptcy proposals in Canada

Oil Sands Boom Dries Up in Alberta

Calgary at a Crossroads: The economy's tanked, now what?

Who we are and who we want to be: New CBC Calgary project focuses on what makes our city tick

By David Perlich, CBC News Posted: Nov 29, 2015

Calgary at a Crossroads, Alberta Foreclosure LIVE Training 2016, Alberta foreclosure seminar, Alberta Foreclosure Training

A look at the city's character

All of us here at CBC Calgary live and work in the city, so we thought: Let's take a look at what's different this time around, and how is it affecting the character of the city.

We're calling it Calgary at a Crossroads, a continuing special look at all things Calgary that will run over the next five months or so. 

We're going to bring you the stories of our city that focus on our personal relationships with this place we all call home: 

  • How we're coping with the downturn, and how we're not.
  • How Calgary can be an amazing place to live, and a city that occasionally tempts a resident to buy a plane ticket to "Get-Me-The-Hell-Out-Of-Here."

Calgary at a Crossroads will live online, on our radio programs and as video stories — and it all starts today.

Average Fort McMurray home price down $117,000 from 2014

The Canadian Association of Oilwell Drilling Contractors has released a bleak forecast for the upcoming year that projects the downturn will only get worse for the sector.

The CAODC forecasts the rig count in western Canada will plunge in 2016, Alberta Foreclosure LIVE Training 2016, Alberta foreclosure seminar, Alberta Foreclosure Training

 

Calgary home sales decline the biggest in the country

Real estate listing in Calgary, Alberta Foreclosure LIVE Training 2016, Alberta foreclosure seminar, Alberta Foreclosure Training

Calgary’s resale housing market led the country in October — in a negative way.

MLS sales in the Calgary region were 1,810 for the month, down 36.4 per cent from a year ago. The rate of decline was the highest among Canada’s major housing markets, according to a report released Monday by the Canadian Real Estate Association.

Calgary real estate slides again in November as prices drop 5.1%

Homes sold last month sat on the market for an average of 45 days

CBC News, Posted: Dec 01, 2015

Alberta Foreclosure LIVE Training 2016, Alberta foreclosure seminar, Alberta Foreclosure Training

Home sales and prices continued their year-over-year decline in November, according to the latest aggregated data from the Calgary Real Estate Board.

A total of 1,263 homes were sold in the city last month, down 28.7 per cent from November 2014.

Average sale prices were off 5.1 per cent year-over-year, sliding to $460,859.

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We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation. We can also do short term small private mortgage if required.

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P.S. Success isn't a matter of chance, it's a matter of choice. So it's up to you to make the right choice to become successful. If you don't know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more! 

Are you a Canadian real estate Investor? Join Canada's largest real estate investors club now.

Missing a mortgage payment in Canada

Missing a Mortgage Payment in Canada

missing-a-mortgage-payment-in-canada

Missing a mortgage payment in Canada is a serious matter. The reason a Canadian homeowner goes into foreclosure or power of sale is important for all to understand. As a Canadian homeowner one can be prepared for such a situation as the aforementioned, and as a Canadian professional real estate investor, one can be informed as to what causes foreclosure or power of sale and how to be of service. Death, job loss, medical expenses, and divorce are a few of the most common reasons Canadians face foreclose or power of sale on a home. These factors are real and an everyday part of society.

Falling behind on your payments can trigger power of sale process in Ontario. According to the Ontario Mortgage act 'Where a mortgage by its terms confers a power of sale upon a certain default, notice of exercising the power of sale shall not be given until the default has continued for at least fifteen days, and the sale shall not be made for at least thirty-five days after the notice has been given'  R.S.O. 1990, c. M.40, s. 32.

Missing a mortgage payment in Canada and cash flow issues going on and Canadian home owners try to juggle and decide which debts to repay. It’s tough but can be worked out.

Canadian Homes: Foreclosure or Power of Sale?

Both circumstances are a legal process designed to provide the Canadian lender an option to sell the property in the event the Canadian homeowner defaults or misses several payments.

Foreclosures in Canada involve the judiciary system, making it a much slower process which can take up to 6-10 months to resolve. We see foreclosures most commonly in Nova Scotia, Saskatchewan, Manitoba, Quebec, Alberta, and British Columbia.

Power of Sale, on the other hand, is much quicker. In some cases the power of sale can happen within weeks, but you will generally have a 35 day redemption period. This means you will have 35 days after being served notice to pay all your debts (including incurred fees) and get thing back on track. Power of Sale is currently being seen frequently in Ontario, Newfoundland and Labrador, New Brunswick, and Prince Edward Island.

What can you do about missing a mortgage payment?

Option 1: Contact your lender or bank as soon as possible1

Canadian lenders would always prefer not to go through the foreclosure or power of sale process. Their goal is to safeguard their investment and assist Canadian homeowners to find a reasonable and affordable solution.

Canadian homeowners tend to be very reluctant to contact their lenders out of fear and uncertainty.

With the majority of Canadian lenders, being forced out of the home happens only when all efforts and options have been fully explored.

The Canadian mortgage lenders may be able to offer you following four options

  • Change amortization to lower monthly payments
     
  • Switching from a variable rate to a fixed mortgage to provide a consistent payment plan you can budget for without fear of any future interest rate increase
     
  • Refinancing or second mortgage
     
  • There may be an option to add missed payments to the back of your current mortgage

There is limited action the Canadian mortgage lender or bank will take in the early days besides calling you and remind you to pay in time.

Option 2: Ignore and hope it will all will disappear3

Ignoring your oustanding debt will certaintly draw the attention of Canadian lenders and banks. In the long run, cooperation works much better and saves you the cost and hassle for all parties involved.

Option 3: Consolidate all of your debts

The cheapest way to rent or borrow money is with your first mortgage on a principal residence in Canada. Before you stop paying the unsecured debt to make your payments more affordable, make sure you seek out professional advice in order to plan your financing.

Finding a solution to deal with any other debts i.e. credit cards, lines of credit, consolidate loans etc. is all the help people need to obtain a positive cash flow each month and make paying down their debts significantly easier.

One of the key things to look at if you are about to miss a mortgage payment is whether you can afford the house you live in, or whether you’re over-extended on your debt.

If you decide your house is unaffordable then there are essentially two options.

  • Obviously if there is equity in the house, selling the house is the best option.
     
  • If you are in a negative equity situation then this needs to be carefully planned and professional advice is required.
     

4Option 4: Make payments first rather than unsecured debt

The general rule if you want to keep your home is, your mortgage must be the top priority over all of your other debts. You will have many more options to deal with unsecured debt vs. secured debt.

Alberta Foreclosure and how it works?

Alberta Foreclosure and how it works?

No matter who you are, if you are in the process of a mortgage that has defaulted, you need to know the process of Foreclosure in Alberta. Alberta foreclosure is about the legal steps that a Bank or a lender takes to recover arrears and principal on mortgage loan that is in default. If you need foreclosure help in Alberta please call 1-416-409-7300. We have been serving Canadians in need since 1981. In Alberta the  Master in Chambers of the Court of Queen's Bench of Alberta, which isn't the case in the rest of the provinces. They can also decide who the property is sold to and for what price.

Continue reading Alberta Foreclosure and how it works?