This type of sale is typically granted by the court if the property is worth less than the mortgage debt. The court with the consent of all parties can order the property be sold by having the property appraised and listed with a real estate firm.
All offers are subject to court approval. Once there is an accepted offer on the property and subjects, such as inspection, have been removed, a court date is set. Usually 10 - 30 days after subject removal.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.