Foreclosures

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Foreclosures or Court Ordered Sales are properties where the lender has taken control of the property and is asking the court to approve a sale.  This is usually due to non payment by the home owner over an extended period of time.  Although foreclosures usually represent an opportunity and a significant saving to the buyer the process is not a typical real estate transaction where the buyer has a week or two to have the property inspected and arrange financing.  In all cases the offer must be subject free prior to arranging a court date and the Contract of Purchase and Sale  is accompanied by a Schedule A to the contract stating that the sale is “as is where is”.  In the event that the Buyer receives the property in a different condition than when originally viewed there is no recourse.   Because the court has a mandate to get the highest price possible for the property  the original Buyers offering price is disclosed  to the general public and often there are several other last minute higher offers on the court date.

Because of the complexities involved in Court Ordered Sales it is highly recommended that the potential buyer consult a Realtor who is experienced in this type of transaction.    
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1727 E 22 AVENUE

$1,699,000 House/Single Family in Victoria VE, Vancouver East

3,306 Sqft, 5 Bedrooms, 4 Bathrooms, Built in 9999

Court Ordered Sale. Nice Location in Victoria Area / Vancouver East. Builders will like the large corner lot and Great Location. Already RT -10 zoned and ready for a Three or Four Plex. (Max 4600SF allowed) Lord Selkirk Elementary across the street, and Gladstone Secondary an easy walk. This home has potential as it already has three kitchens With ... read more.

Royalty Group Realty Inc. (R2310261)

2856 W 3RD AVENUE

$2,350,000 House/Single Family in Kitsilano, Vancouver West

2,039 Sqft, 5 Bedrooms, 2 Bathrooms, Built in 1924

Logan House: The existing house at 2856 West 3rd Avenue was built in 1924 for Robert Logan and is a good example of Craftsman Housing constructed just after the First World War. It has been designated Heritage B by the City of Vancouver and has an existing Heritage Revitalization Agreement in place that raises the FSR for a renovated home to .87. C ... read more.

Royalty Group Realty Inc. (R2318498)

2050 RUSSET WAY

$2,180,000 House/Single Family in Queens, West Vancouver

2,781 Sqft, 4 Bedrooms, 3 Bathrooms, Built in 1960

Welcome to 2050 Russet Way, the opportunities that this home offers are endless. Restore the 60’s post and beam all while capturing phenomenal vistas from Mount Baker to the Gulf Islands. Or, Enjoy the expansive lot and craft your dream home perched up the hill allowing for views from all levels. COURT ORDERED SALE. Do not walk the property, all vi ... read more.

Prompton Real Estate Serv.Inc. (R2312884)

1449 SANDHURST PLACE

$4,498,000 House with Acreage in Chartwell, West Vancouver

5,200 Sqft, 4 Bedrooms, Built in 1974

Welcome to 1449 Sandhurst Place, one of the most sought after streets in West Vancouver. This huge 19,025sqft VIEW lot is awaiting your dream home building plans. This lot boasts incredible City & Water VIEWS & with a little landscaping the VIEWS could be even better. The lot also benefits from being at the end of a cul-de-sac, so it’s extremely pr ... read more.

Royal LePage Sussex (R2310762)

1406 188 AGNES STREET

$456,000 Apartment/Condo in Downtown NW, New Westminster

575 Sqft, 1 Bedrooms, 1 Bathrooms, Built in 2017

This stunning brand new apartment has never been lived in! it is located in the heart of New Westminster. Built in 2017. Located at the corner of Elliot&Agnes St., homes in the Elliot St. Tower strike a balance between urban connectivity and neighborhood living. Elliot Street is away from the noise of the city, but close enough to take advantage of ... read more.

LeHomes Realty Premier (R2312405)

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