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  • Avoid Foreclosure Scams!
  • The ‘Reality’ of Foreclosure
  • Video Series: About us and Completed Projects
  • Our Core Values
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  • Foreclosure FAQ
  • Contact Us!

Foreclosure Solutions!

Helping Homeowners Avoid Foreclosure since 2006

The ‘Reality’ of Foreclosure

  • The Reality is: the Canadian Foreclosure market is not nearly as profitable as most people think
  • The Reality is: Reality TV is FAR from the actual reality of flipping homes
  • The Reality is: it takes longer than 30-60 minutes to flip a house
  • The Reality is: Net Profits in Canadian Foreclosure are far less than USA net profits
  • USA Foreclosure Law is VERY different than Canadian Law
  • In the USA, the state, utility company or mortgage lender can foreclose for what is owing.  That means, if the owner owes $5,000 in taxes, the state can foreclose for $5,000 and sell the home for that amount!
  • Another difference is that American homeowner can deduct the mortgage interest of their primary residence, on their income tax
  • In Canada, the home MUST be resold for “Fair Market Value”. Therefore lenders use Realtors to market their Foreclosed Real Estate, which adds tens of thousands in commissions.
  • This process reduces the banks potential future liability, if a homeowner comes back 5 years later stating “You sold my house below market value”
  • By the time legal costs and Realtor commissions are factored in, most Bank Owned Foreclosures aren’t great deals like you see on TV.
  • Our objective is to make a reasonable profit, while helping the homeowner.
  • We currently help 3-4 homeowners per year; we help with the legal process, the renovation, and ultimately the sale of the home.
  • Our end goal is to change the mortgage lending framework in Alberta and Canada.
  • Of course, the true reality of Foreclosure is that the homeowner has a black mark on their credit history for 7 long years. This prevents them from obtaining favourable lending rates for any loan for the next 7 years.  This includes credit cards, car loans, a Line of Credit, etc.
  • If you are facing Foreclosure, be sure to contact us ASAP!!! We can coach you through the process, or to see if your home qualifies for our program!

The Foreclosure Process In Alberta

There are many different stages along the foreclosure process in Alberta. Knowing where you are in the process allows you to make different decisions along the way. Of course, the earlier in the foreclosure process you start making these decisions … Click To Read More...

Contact Us!

  For the fastest service call us at (403) 680-4044 Or to reach us via email us our handy contact form below.   … Click to Contact Us

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