Category: Hot Tip

Vancouver 0

Foreign ownership debate

Foreign ownership not a good thing. The foreigner pays the money to a Vancouverite who spends it here. Local speculation may be the culprit. The debate on the Jurock Real Estate Insider Hotline www.factsbyemail.com

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Hot Tip – Foreclosures in Calgary?

They are showing up. Some private listings claiming foreclosure are turning up on Calgary’s Kijiji (we counted 32 this week) and Craigslist, but they may not be true court-ordered sales. Calgary realtor Stephen McDonald of CIR Realty, (403-680-0799) which handles foreclosures, counted a total of 55 judicial listings of residential property and 60 ‘bank owned’ listings within a one-hour drive of downtown Calgary this week.

McKenzie Towne 2-storey detached house for $319,000. Here are two MLS:

1. Detached 3 bedroom house in NW Calgary, under a Court of Queen Bench foreclosure.

2. 1,044 square foot townhouse in SE Calgary. In foreclosure, offers to be presented to Court.

More details at www.factsbyemail.com