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Foreclosure Real Estate & Home Listings

Buyers who are looking to buy affordable homes often look at foreclosure homes for sale. Many times a home can need a lot of work depending on the condition of the house when the previous owner leaves.  Many cases buyers look at the foreclosure properties and assume the bank is desperate to let go of the property. That is why it is always a great idea to have a real estate professional to get more information on the home you are interested in purchasing.

 

207 Properties
Page 1 of 18
Courtesy Of Kathy Massie Of Coldwell Banker Haida Realty
4
Beds
2
Baths
1,301
Sq.Ft.
2007
Year Built
2
Days on Site
E4222131
MLS ®
Enjoy country living in this 1305 SF bungalow with a walkout basement. The main floor has vaulted ceilings, 4-piece bath, and 2 bedrooms. Tons of natural light with the wide open floor plan. Lower...
Courtesy Of Kelly Yeung Of Re/Max Real Estate
$59,900
Subdivision: Lakeland Village MHP
3
Beds
1
Baths
1,418
Sq.Ft.
1988
Year Built
2
Days on Site
E4222132
MLS ®
CHEAPER than RENT!!! Huge 1400+ sqft 3bedroom bungalow. OVERSIZED single detached garage - Heated, electric panel, work tables; Yes, MAN CAVE!!! PIE LOT with dog run, shed and fire pit.
Courtesy Of Duane Ritter Of Re/Max Real Estate
$189,900
Condo: Ridgewood Terrace
2
Beds
1F11/2
Baths
1,080
Sq.Ft.
1970
Year Built
2
Days on Site
E4222140
MLS ®
Please note* property is sold "as is where is at time of possession". No warranties or representations. *
Courtesy Of Tiebo Cai Of Century 21 Masters
$140,000
Condo: Monticello The
1
Beds
1
Baths
581
Sq.Ft.
2003
Year Built
2
Days on Site
E4222146
MLS ®
Brand NEW condo unit!! Features: One bedroom, one bathroom; Covered balcony; Bright and southwest-facing living room; L-shaped kitchen with lots of cabinets; In-suite laundry. Sold "As is...
Courtesy Of Cori Ferguson Of Royal Lepage Northern Lights Realty
$254,900
Subdivision: Cold Lake South
5
Beds
3
Baths
1,138
Sq.Ft.
2003
Year Built
2
Days on Site
E4222147
MLS ®
Great family home, located in quiet cul-de-sac, close to 4 Wing, shopping, schools and more! Main floor features hardwood floors in living room with vaulted ceilings. Large, eat-in, kitchen has...
Courtesy Of Wally Fakhreddine Of Sterling Real Estate
$135,000
Condo: Parkside Grande
2
Beds
1F11/2
Baths
1,087
Sq.Ft.
1980
Year Built
2
Days on Site
E4222166
MLS ®
INCREDIBLE VALUE ON THIS LARGE TOP FLOOR TWO BEDROOM CONDO LOCATED IN THE HIGHLY SOUGHT AFTER AND VERY DESIRABLE WEST EDMONTON NEIGHBOURHOOD OF ORMSBY PLACE!! This top floor unit in Parkside Grande...
Courtesy Of Arminy Sveinsson Of Coldwell Banker Haida Realty
$229,900
Subdivision: South Park
3
Beds
2F11/2
Baths
1,244
Sq.Ft.
1979
Year Built
2
Days on Site
E4222181
MLS ®
Let your imagination soar in this improvement needed home. The bones are good and there is ample room to grow with 4 levels of finished living space- just needs a remodeler's touch to make this...
Courtesy Of Heather Malin Of Re/Max Vision Realty
2
Beds
1
Baths
987
Sq.Ft.
1940
Year Built
2
Days on Site
E4222185
MLS ®
Great Location along Hwy 21. The home sits on 2.68 acres and is 13 kilometres north of the town of Bashaw, 6 kilometres south of the village of Ferintosh & about 20 minutes outside of Camrose. There...
Courtesy Of Al Dredge Of Re/Max Real Estate
$425,000
Subdivision: Henderson Estates
4
Beds
2F11/2
Baths
1,499
Sq.Ft.
1986
Year Built
3
Days on Site
E4222053
MLS ®
Are you tired of almost every house looking the same? Then, you will appreciate this custom designed 4 level split in Riverbend. The entertaining sized living room has vaulted ceilings, hardwood...
Courtesy Of Barb Howey Of Royal Lepage Parkland Agencies
$125,000
Subdivision: Wetaskiwin
4
Beds
2
Baths
998
Sq.Ft.
1942
Year Built
3
Days on Site
E4204089
MLS ®
Charming character home! Ready for a new family, 2 bedrooms on main and 2 additional in the basement.. Original hardwood in most of main floor, jsut a little work needed inside and out. 100 amp...
Courtesy Of Heather Malin Of Re/Max Vision Realty
3
Beds
2
Baths
2,735
Sq.Ft.
1967
Year Built
3
Days on Site
E4222088
MLS ®
Here is an opportunity to have 12.01 acres right along Hwy 616. The property is a mixture of open and treed land. The driveway is surrounded by beautiful spruce trees taking you into the property....
Courtesy Of James Mabey Of Century 21 Masters
$439,900
Subdivision: Inglewood (Edmonton)
2
Beds
2F11/2
Baths
1,889
Sq.Ft.
2007
Year Built
3
Days on Site
E4222091
MLS ®
Two storey half duplex in popular Inglewood! This home includes a chef's kitchen, dining space, and living room in the main level. Upgrades include hardwood flooring, an open concept, and gas...

Foreclosure Q &A

What is a foreclosure definition?

A foreclosure means your lender has the legal means to take over your home.  In most cases, you must move out of your home.

Will I go into foreclosure if I miss one payment?

The short answer is no.  However, call your lending institution and explain your situation.  Many lenders have programs to help with many cases that stop you from making payments.

Why Do Sellers Go Into Foreclosure

  • Loss of job 
  • Medical reasons
  • Mounting debt
  • Divorce
  • Job transfer 
  • Can no longer afford the maintenance

More Foreclosure questions

What is the purpose of buying this property?

These are perhaps the most crucial questions to ask yourself before purchasing a foreclosure in Edmonton.  

  • Your short and long term plan?
  • Is this a purchase to live in?
  • Is the home for rental or a flip?
  • How long do I wait before selling?

What’s my budget?

There are few calculations to take into consideration before buying foreclosure Edmonton homes.

  • The full price of the home
  • Monthly payments
  • Cost of repairs

How much money will I have after buying the house?

You can find many foreclosures in great shape, but many need repairs and even full renovations.

  • How much money will you have after the purchase?
  • Will you make a profit?
  • Will I need to spend tens of thousands to make the home livable?

Why buy foreclosure homes?

Many times you can find a gem in the rough and end up having a home that will need a very minimal amount of repair or gives you an investment opportunity to re-sell or rent out.

Where do I find foreclosure homes?

They can be found all over Edmonton ranging from as low as $100,000 to over a million.  Setting up a search to get notified on a home being listed gives you an opportunity to go see it before other investors get a chance.

What is the market value of the property?

If the home was not in foreclosure, what would this home be worth?  Understanding the value will give you an understanding if the house is worth investing in.  A real estate professional will run a comparative market analysis and provide you with the profits.

What is the age of Plumbing, Furnace, Roof, and other features?

Make sure to ask about the history of the home and maintenance.  Some items to ask are:

  • Age of the roof?
  • How old is the furnace?
  • How old is the water tank?
  • Has the electrical wiring been upgraded?

How is the community you are purchasing the home?

Take the time to assess the neighbourhood and see what is surrounding the home.  Some things to look for are:

  • Local Schools
  • Churches
  • Parks
  • Community Centers
  • Crime rate
  • Entertainment

Are there any other foreclosures listings?

There are many foreclosure listings available above. If you require to view the home or need more info, click “schedule a showing” or “Ask a question” and one of our foreclosure experts will reach out to right away.