Tag Archives: foreclosure

Foreclosure in Calgary – A Conclusion To The Story

Going through a foreclosure has been quite an eye opening experience for me and I felt it was a story that needed to get told. Ultimately, it comes down to my responsibility to make good on the terms and conditions … Continue reading

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My Foreclosure Story, Part 3

Here we go with part three of my saga with Xceed Mortgage, the lender who wouldn’t renew a mortgage and the ensuing problems you face trying to sell a property in a slow market. So the quick recap is as … Continue reading

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My Foreclosure Story Part 2

These posts are meant to help other current or potential Real Estate investors to be aware of what is currently occurring out in the market. I’m a big boy and I have done quite well in the market over the … Continue reading

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My Foreclosure Story

I had written an article a while ago outlining some of the difficulties I was experiencing with banks not renewing mortgages and I actually ended up with some calls and emails from various readers and investors telling me they had … Continue reading

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The US Foreclosure Market – Opportunity or Minefield?

It was only a couple of weeks ago that it was announced that Alberta is leading Canada with the dubious distinction of having more mortgages in arrears per capita than any other province.  The announcement stated that a whopping .74% … Continue reading

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Alberta Mortgage Arrears Increase By a Factor of Five!

If you missed the headlines the other day, Alberta is now leading the nation in mortgage arrears with .74 percent of the mortgages in the province in arrears. Just to put that in perspective that means out of every 10,000 … Continue reading

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The Next Wave of US Foreclosures is Coming!

I just read an article on MSNBC the other day about the upcoming batch of foreclosures in the US housing market and it’s still rather scary south of the border. Some of the numbers that stand out are that there … Continue reading

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Why Foreclosures May Not Be a Great Real Estate Investment Strategy

First off, you need to understand if you are searching for a foreclosure property in Alberta on the MLS either to buy as a home for yourself or to flip you will most likely be disappointed with the results. By … Continue reading

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Foreclosures in the US Continue to Rise in 2010

In previous articles, I have mentioned it is too early to jump into the US housing market unless you have a very long term plan. This latest article in Business Week seems to concur with my thoughts. 2009 was a … Continue reading

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