How to find bank owned properties in Canada?
I don't want to go through foreclosure.com that kind of websites. I would like to get finding info. directly from financial institutions.
Public Comments
- Well you can go to your local bank and ask, but I doubt that you will find out anything from them. Privacy legislation is pretty strict in Canada. There are still of few Power of Sale properties available, why not deal with a realtor who can inform you when they come up?
- This is a great question. You have to find the "vendor" of the property. I have a buddy that has purchased real estate in Canada and it iscompletely different than how it is handled here in the USA. Most, if not all, offers on properties are approved or denied through the court. Your best bet is to find a Real Estate Company that sells in Canada (like Exit Realty) to help you navigate the Foreclosure market in Canada. Good luck.
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