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Victoria Foreclosure Homes & Real Estate for Sale Listings

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  • 5365 East Sooke Rd in Sooke: Condo for sale : MLS®# 979486

    5365 East Sooke Rd Sooke V9Z 1B8
    Main Photo: 5365 East Sooke Rd in Sooke: Condo for sale : MLS®# 979486
    $874,000
    Single Family
    Status:
    Active
    MLS® Num:
    979486
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    3,264 sq. ft.
    COURT ORDERED SALE. Offers must include Schedule A (found in Listing docs). Room Sizes are approximate and should be verified if important. BC Assessment & Landcor Realestate Data provided property size and room information. Fixuters only. The Property is sold as is, where is. The subject property is a custom-built single-family dwelling with recent upgrades, including an enclosed front entrance area and a rear deck. Efforts to improve the slope with numberous loads of fill indicate ongoing property enhancement. Inside, the main area has an open-concept layout with vaulted ceilings. If features an entrance area, living room, dining room, and kitchen with granite countertops and built-in oven/stove. There are also three bedrooms and two full bathrooms. A detached single-car garage. It is located on a 2.732-acre bare land strata lot on the west side of East Sooke Road. Landscaped areas with lawns and gravel, utilized for RV storage, surround the dwelling. Access ks via a long sloping driveway, approximatley +250 feet in length. For more information, please contact the Listing Realtor via email at rpluke50@gmail.com or by cell phone at 604-561-0053. Thanks Luke. (id:2493) More details
    Listed by RE/MAX LIFESTYLES REALTY
  • 9989 Fifth St in Sidney: Condo for sale : MLS®# 961139

    9989 Fifth St Sidney V8L 2X6
    Main Photo: 9989 Fifth St in Sidney: Condo for sale : MLS®# 961139
    $2,590,000
    Other
    Status:
    Active
    MLS® Num:
    961139
    Build. Type:
    Other
    ATTENTION DEVELOPERS: Located in a desirable area of Sidney, Condo site with zoning and an existing development permit. Court Ordered Sale (id:2493) More details
    Listed by Team 3000 Realty Ltd
  • 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854

    2400 Echo Valley Dr Langford V9B 0S1
    Main Photo: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
    $10,900,000
    Vacant Land
    Status:
    Active
    MLS® Num:
    959854
    Court Order Sale - To be sold ''As Is, Where Is'', Subject to court approval. All measurements are approximate and to be verified by the Buyer or Buyer's agent if deemed important. All offers must include the Seller's Addendum ''A'' and our Team Disclosure form. Please check the documents section of the listing. (id:2493) More details
    Listed by RE/MAX Real Estate Services and Cushman & Wakefield ULC
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Data was last updated November 18, 2024 at 06:45 PM (UTC)
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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.

  1. Demand letter. 
  2. Petition. 
  3. Order Nisi. 
  4. Judicial Sale. 
  5. 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

  1. Search Foreclosure Listings BC
  2. Find a Realtor to write an offer.
  3. 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.
  4. 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.
  5. The hearing of the application for order approving the sale.
  6. Completion of the sale.

Foreclosure & Court Ordered Sale Listings in BC

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Sam Huang PREC
H & S Real Estate Group
Real Estate Coal Harbour
RE/MAX Select Properties
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