Court order sale. Prime and fantastic development property just steps across from the Oakridge Mall and Skytrain Station on West 41st Avenue. Located in the heart of the Oakridge Municipal Town Centre (Oakridge MTC) Development Plan area where mixed-use towers are currently being developed and under constructions. It is being sold for land value only.More details
Court order sale. Prime and fantastic development property just steps across from the Oakridge Mall and Skytrain Station on West 41st Avenue. Located in the heart of the Oakridge Municipal Town Centre (Oakridge MTC) Development Plan area where mixed-use towers are currently being developed and under constructions. It is being sold for land value only.More details
Court Ordered Sale. Large Corner Lot in Prestigious Fraserview Neighbourhood. Solid home with many updates plus New Laneway house. School catchment is Sir James Douglas Annex/Elementary and David Thompson Secondary. Centrally located with quick access to Downtown, Metrotown, UBC, and Richmond. Steps to schools, shopping, parks, Fraserview golf course, and transit!More details
Amazing location in Golden Triangle Downtown Vancouver. Compact one bedroom hotel style unit. Add a kettle, toaster & hot plate for simple meal prep. Few short blocks walk to Canada Place, Stanley Park, Pacific Centre, BC Place & shopping, restaurants & bars. Alouette Bistro Restaurant on ground level. This is NOT a hotel strata ownership property where you are limited to a few nights per year as an owner as is the case in similar properties in Vancouver. Strata fees include management, hot water, heat & Wi-Fi. Unique property in fantastic location with high rental income options or live in.More details
Court Ordered Sale. Best Value in Building !!!The Smithe by Boffo offers a unique, boutique, PRIVATE high-end luxury downtown lifestyle. This large bright 3 BED, 3 BATH, DEN home features a functional layout, deep & spacious living space, 2 master bed ensuites, cabinetry by Binova of Italy, integrated appliances by Wolf & Sub-Zero, over-height ceilings, honed marble flooring throughout, integrated smart tech, auto-blinds, security system & built-in safe. Also featured is geothermal cooling & heating for complete comfort, a 167 SF covered view balcony, impressive resort-style amenities, concierge service w/ nite time security patrol, & bicycle lobby, elevator, parking. 2 side-by-side EV Parking & one massive storage locker. The quality of this home & development are certain to impress.More details
INVESTOR ALERT! Don’t wait to buy real estate, buy real estate & wait! 60 x 123.77 (7426 sq ft) South facing level lot with lane access in South Granville. 6 bed, 4 bath, 2 level with basement home w/2 separate entrances. Situated in one of the best Westside neighbourhoods close to top ranking private and public schools, Crofton, York, St George’s, Little Flower, Vancouver College, Osler, Hamber & Churchill. Direct bus to UBC and Langara. Easy drive to upcoming exciting cultural hub in Oakridge, Richmond, QE Park, community centres and located right next to the upcoming new mixed use and residential developments all along Oak and 49th! This is a prime location and could be one of the last chances to grab an opportunity with future re-development potential. Call today!More details
COURT ORDER SALE for 50% SHARE in Title only in 2 level home in central location. 5 bedrooms, 3-1/2 bathrooms, radiant heat, tile roof, double garage. School catchment is Livingstone Elementary and Tupper Secondary. Walking distance to parks, transit, restaurants.More details
Rare opportunity to own a 1 bed, 1 bath, North-West facing, corner unit on the 11th floor with city views of Downtown Vancouver. Efficient floorplan consisting of a living room, bedroom, and bathroom. Unit does not have a full kitchen. With flexible rental options and an incredible location, this unit is perfect for students, personal use, and clever investors alike. SL 92. All offers must be submitted NO LATER THAN 4:00PM MAY 9th 2023. Offers must include all required documents outlined in "Directions For Offer Submissions". All Offers must include CPS, Schedule A, Schedule B, Appendix A, Appendix B, Team DisclosureMore details
The Smithe by Boffo, a luxurious apartment complex located in the heart of downtown and offering breathtaking views of Yaletown and BC Place. This stunning 1,079 sq. ft. apartment features 2 primary bedrooms, each with its own en-suite bathroom. The interiors of The Smithe have been designed with an unwavering attention to detail and an obsessive focus on elegance, creating an unparalleled living experience for its residents. The full-time concierge service, along with the first-class amenities, are provided for the convenience of the residents. Bicycle elevator + maintenance room. 2 side-by-side parkings w/ EV, storage locker, gym, party room. OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF BC. **COURT DATE IS SET. DEADLINE FOR COMPETING OFFERS IS NO LATER THAN 4:00pm on June 5, 2023**More details
Amazing location in Golden Triangle downtown Vancouver, some of the most expensive real estate in the city. Compact one bedroom, living room and bath. Live in owners use bar fridge or bring in apartment sized fridge. Add a kettle, toaster and hot plate for simple meal prep. Few blocks walk to Canada Place, Stanley Park, Pacific Centre, and BC Place and shopping, restaurants and bars. Alouette Bistro restaurant on ground level. This is NOT a hotel strata ownership property where you are limited to 12 or 30 nights use per year as an owner as is the case in similar properties in Vancouver. Strata fees include management, hot water, heat and Wi-Fi. Unique property in fantastic location with high rental income options or live in.More details
This beautiful 4,572 sq.ft 5 bed and 5 bath home sits on an almost 9,500 sq.ft lot in the prestigious Vancouver West. This amazing two-story home, with fully finished basement, features A/C throughout, custom stencil painted washroom walls, a full gourmet kitchen with Miele appliances, custom glass-stained doors, French plastered walls in the formal dining room, a theatre room, built-in sound system, a recreation room, large outside patio deck, a oversized detatched garage that allows for 2.5 cars, and more! Steps to transit, convenient access to Oakridge Mall, Downtown, Kerisdale and UBC, and close to Magee Secondary and Maple Grove Elementary schools. Showing by appts only. Interior photos and 360 virtual walk-through now available. Court ordered sale. Property is sold as is where is.More details
There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?
In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.
Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.
What is the process of Foreclosure in BC Canada?
See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.
Demand letter.
Petition.
Order Nisi.
Judicial Sale.
Order Made After Application.
To see the detailed steps in a foreclosure proceeding. Please let me know.
Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.
Here’s a simple guide on how to buy a Foreclosure Home in BC
Search Foreclosure Listings BC
Find a Realtor to write an offer.
Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
The hearing of the application for order approving the sale.