Foreclosed Properties Below Market Value
Get early access to bank-owned properties, power of sale listings, and pre-foreclosure opportunities. Properties sold 10-30% below market value.
10-30%
Below Market Value
3+
Provinces at Launch
4
Property Types
24h
Update Frequency
What are Foreclosed Properties?
Foreclosed properties are homes or real estate that have been repossessed by a lender (usually a bank) after the owner failed to make mortgage payments. These properties are sold to recover the outstanding loan balance.
Below Market Prices
Banks want to sell quickly, often accepting 10-30% less than market value.
Clear Title
Most foreclosures come with clear title, unlike some tax sale properties.
Financing Available
Traditional mortgages are typically available for bank-owned properties.
Types of Distressed Properties
Each type offers unique opportunities and considerations for investors.
Bank-Owned (REO)
Real Estate Owned by lenders
Properties that have completed the foreclosure process and are now owned by the bank. These are the most straightforward to purchase.
Power of Sale
Common in Ontario
Allows lenders to sell without court involvement. Faster process, properties often listed through real estate agents on MLS.
Judicial Foreclosure
Alberta & BC
Court-supervised process that transfers ownership to the lender. Takes longer but provides maximum legal certainty.
Pre-Foreclosure
Early opportunity
Owners have defaulted but foreclosure hasn't completed. Best time to negotiate directly with motivated sellers.
Foreclosure vs Tax Sale
Both offer excellent investment opportunities with different risk/reward profiles.
| Feature |
Foreclosure
|
Tax Sale
|
|---|---|---|
| Typical Discount | 10-30% | 30-70%+ |
| Title Clarity | Usually Clear | May Have Issues |
| Financing | Available | Cash Only |
| Property Inspection | Usually Possible | Often Not |
| Competition | Moderate | Lower |
| Risk Level | Lower | Higher |
| Best For | Beginners & Conservative | Experienced Investors |
What You'll Get Access To
Everything you need to find foreclosure opportunities in one place.
REO Database
Bank-owned listings from major Canadian financial institutions, updated daily.
Power of Sale
Ontario power of sale listings before they hit the mainstream market.
Early Alerts
Get notified about pre-foreclosure opportunities before public auction.
Auction Calendar
Complete calendar of foreclosure auctions across Canada.
Market Analysis
Comparable sales data and estimated values for every property.
Direct Contacts
Connect directly with bank asset managers for faster deals.
Provincial Coverage
Launching with Canada's largest real estate markets.
Ontario
Power of Sale
British Columbia
Judicial Sale
Alberta
Judicial Sale
Quebec
Coming Later
Manitoba
Coming Later
Saskatchewan
Coming Later
Be the First to Know
Join the waitlist for early access to foreclosed properties, exclusive insights, and special launch pricing.
Available exclusively for Pro & Enterprise subscribers