Vancouver Foreclosure Homes & Real Estate for Sale Listings

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1576 W 57TH Avenue in Vancouver: South Granville House for sale (Vancouver West) : MLS®# R2811635
1576 W 57TH Avenue South Granville Vancouver V6P 1T2

1576 W 57TH Avenue Vancouver V6P 1T2 South Granville

$999,000

Residential Detached

Status:

Active

MLS® Num:

R2811635

Bedrooms:

5

Bathrooms:

2

Floor Area:

2,793 sq. ft.259 m2

UNDIVIDED 1/2 INTEREST BEING OFFERED FOR SALE ONLY. This offering is for only 50% of the property while someone else owns the other half and they still occupy the property. Very unique. Prime South Granville location on the quieter park of W57th Ave. Nice clean home with some updates over the years including kitchen cabinets and counters, crown moldings and high baseboards. Main floor as an open kitchen with French doors to sundeck, adjoining family room, formal living room with cross hall dining room, primary bedroom and a 4pc bath. Upper floor has multi use loft. Basement is finished with a large rec room with doors to the back patio. The lot has lane access with open parking, fenced yard and the front is private with lots of mature hedging. More details

Listed by Royal LePage West Real Estate Services

LISTING DETAILS
- Sam Huang
- RE/MAX Select Properties
- +1 (778) 991-0649
- Contact by Email

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Data was last updated April 23, 2024 at 07:10 PM (UTC)

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

About Foreclosure listings

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.
Completion of the sale.