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Victoria Foreclosure Homes & Real Estate for Sale Listings

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2400 Echo Valley Dr
Bear Mountain Langford V9B 0S1

$10,900,000
Vacant Land beds: 0 baths: 0.0

Main Photo: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
Photo 1: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
Photo 2: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
Status:
Active
Prop. Type:
Vacant Land
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)
Property Type:
Vacant Land
Common Interest:
Freehold
Property Plan:
EPP65597
Transaction Type:
For sale
Zoning:
Other
Ownership Type:
Freehold
Taxes:
$37,754 / -
Community:
Bear Mountain
Bedrooms:
0
Bathrooms:
0.0
Fireplace:
No
Heating:
Other
Acreage:
Yes
Lot Size:
18.26 acre(s)
Lot Size:
18.26 ac
Lot Details:
18.26
  • Photo 1: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
    Photo 1 of 2
  • Photo 2: 2400 Echo Valley Dr in Langford: Vacant Land for sale : MLS®# 959854
    Photo 2 of 2
Listed by RE/MAX Real Estate Services and Cushman & Wakefield ULC
Data was last updated November 18, 2024 at 06:45 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$624,900
Min list price:
$449,900
Max list price:
$10,900,000
Avg days on market:
65
Min days on market:
4
Max days on market:
221
These statistics are generated based on the current listing's property type and located in Bear Mountain. Average values are derived using median calculations.
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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

Greater Victoria Real Estate Listings

Vancouver Island Real Estate Listings

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British Columbia Real Estate Listings

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Sam Huang PREC
H & S Real Estate Group
Real Estate Coal Harbour
RE/MAX Select Properties
Address: 5487 West Boulevard, Vancouver BC V6M 3W5, Canada

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