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How to Find Court Ordered Sale Properties in Greater Vancouver
The short answer is that there is no single private “foreclosure list” that gives buyers guaranteed access to every opportunity. Many Court Ordered Sale properties are found through a combination of MLS searches, real estate professionals, court records, court hearing information, and careful due diligence. Understanding MLS Listings Many Court Ordered Sale properties are listed on MLS by licensed real estate professionals. These listings may not always use the same wording,

Praedia Real Estate Group
Jul 144 min read
Part 2 - What is the Process for a Court Ordered Sale or Foreclosure?
Part 2 of a 3 Part Series - What is the Process for a Court Ordered Sale or Foreclosure? In Part 1, we introduced the meaning of a Court Ordered Sale, often referred to as a foreclosure in everyday real estate conversation, and outlined some of the common situations where the court may become involved in the sale of real property. In Part 2, we want to provide a general overview of how the process works in British Columbia, particularly for buyers, sellers, lenders and other

Praedia Real Estate Group
Jul 74 min read
Part 1 - What is a Court Ordered Sale or Foreclosure?
Part 1 of a 3 part series - What is a Court Ordered Sale or Foreclosure? We have recently been asked more than usual about Foreclosures or in BC Real Estate terms Court Ordered Sales. As we are in unprecedented times of uncertainty with the pandemic shut down of businesses and cascading effects of possible foreclosures both in Residential and Commercial Real Estate we wanted to provide overviews of what is involved with these types of transactions and processes. As a note, p

Praedia Real Estate Group
Jun 302 min read
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