Foreclosures & Court-Ordered Sales
Buying a foreclosure is different. Work with Russ Macnab—a Realtor with 17+ years specializing in court-ordered sales—so you can bid confidently and avoid costly mistakes.
Why Work with Russ
- 17+ years focused on foreclosures & court-ordered sales
- Guidance on deposits, terms, subject removal, and court dates
- Strategy for competitive court bidding and backup offers
- Access to upcoming court-ordered opportunities
Local coverage: Pitt Meadows • Maple Ridge • Coquitlam • Langley • Mission • Tri-Cities • Fraser Valley
How Foreclosures Work (BC)
- Offer to lender/trustee: initial offer reviewed and may be accepted.
- Court approval: BC Supreme Court confirms the accepted offer.
- Court date bidding: competing buyers can present sealed offers.
- Final sale: judge awards to the highest clean offer.
Important: most sales are as-is, where-is; due diligence is critical (title, occupancy, condition, risk).
Live Foreclosure Listings
Real-time MLS® data. Filter by city, price, and property type.
Buyer Tips
- Financing ready: pre-approval + flexible deposit.
- Due diligence fast: review title, PDS (if any), tenancy/occupancy, insurance eligibility.
- Court strategy: strongest dates & clean terms—no subject to sale.
- As-is pricing: budget for repairs, liens, utilities, cleanup.
FAQs
Can I do a home inspection?
Usually yes before court confirmation; access varies by occupancy and seller (lender/trustee).
Do foreclosures close faster?
Timelines can be quick after court, but allow for court scheduling and lawyer processing.
Do I always save money?
Not always—competition in court can push prices up. The goal is value relative to risk & condition.
Talk to Russ About Foreclosures
Let’s set a plan before you submit an offer. I’ll walk you through the process and help you win in court.
Prefer direct contact? 604-763-8196 • info@themacnabs.com