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About Alex Rodriguez
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I would be glad to answer questions you may have about real estate in Ottawa, ON. How to choose a REALTOR? How to price your home? What marketing strategies work? Should I have an Open House? Should I sell my home privately? Should I buy in Gatineau? Should I move to the Suburbs? What is dual agency?

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Residential Properties both Freehold and Condos

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Keller Williams Ottawa Realty

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Keller Williams Ottawa Realty has been named to Canadian Business magazine's 2007 list of the "Best Workplaces in Canada" list, ranking # 15 in Canada and the only real estate office in the country to make the list.

 
   

You are here:  Experts > Real Estate > Real Estate by Location > Canadian Real Estate > pre-foreclosure offers

Topic: Canadian Real Estate



Expert: Alex Rodriguez
Date: 9/5/2007
Subject: pre-foreclosure offers

Question
Once a lending institution has announced an auction date on a foreclosure in Canada, can a prospective buyer negotiate with the owner?

Answer
Hi Barry,

not 100% sure... but I understand that at this stage the wheels are in motion and that it is too late.
I would contact the lending institution to get more details.  The owner would also have received legal notices with particulars.

Thanks and good luck.

Alex

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