What is a Foreclosure?
 
Court action taken by the lender to take possession of a property when the owner has failed to make payment. This action could start with missing as little as one payment. Once foreclosure is final, the lender then has the right to resell the property and recover the balance of the mortgage. The owner stands to lose any equity in the property.
 
-Vancity.com-
 
 
 
To view foreclosure listings in the Vancouver area click below.
 
 
Leela & Sarah
  • Office: 604-306-9859
  • TRG-The Residential Group Rlty
  • #101 - 1965 West 4th Avenue
  • Vancouver, BC
  • V6J 1M8 CA