Canada foreclosures listings - distressed sales in greater vancouver, vancouver island, interior bc, edmonton and calgary, alberta
Count Me In, Aiden! I Want To Make Some Serious Cash!!
How Do Pre-Foreclosures Work Anyway?
People miss payments on their house for a variety of reasons. Once they miss payments for 3 months in a row, they are in pre-foreclosure.
This is the best time for you to get the deal because they are extremely motivated to sell and the property hasn't been actually foreclosed on yet.
You'll see why this is makes ALL the difference later...
So when you come to the Seller's rescue, you create a WIN-WIN-WIN situation.
WIN: You help the desperate sellers save their credit rating by avoiding foreclosure AND ALSO keep some of the equity in their home instead of forfeiting it to the bank.