Greater Vancouver Foreclosures

Foreclosures & Court-Ordered Sales in Greater Vancouver

Buying a foreclosure is different. Court approval, sealed offers, deposits, tight timelines, and “as-is, where-is” conditions can create risk if you do not understand the process. Work with Russ Macnab for clear guidance on court-ordered sales so you can move with more confidence and avoid costly mistakes.

Strategy matters. Clean terms, proper due diligence, and knowing how court bidding works can make all the difference.

Why Work With Russ on Foreclosures?

Court-ordered sales are a different process than a standard MLS purchase. Buyers need stronger preparation, cleaner offers, and a better understanding of how court approval and backup bidding work.

Foreclosure Experience

Guidance built around deposits, offer terms, subject removal, court dates, and sale risk.

Clean Offer Strategy

Foreclosure deals often favour stronger, cleaner offers with fewer complications and better preparation.

Due Diligence Focus

Title, occupancy, condition, access, and lender/court conditions need careful review before moving forward.

Local Market Coverage

Pitt Meadows, Maple Ridge, Coquitlam, Langley, Mission, Tri-Cities, and the Fraser Valley.

Foreclosure opportunities can look attractive on paper, but buyers who do best are usually the ones who understand the process before they write.

How Foreclosures Work in BC

The process is different from a standard resale purchase and usually involves lender review and court approval.

The Typical Process

  • Offer submitted to the lender or trustee
  • Initial offer may be accepted subject to court approval
  • BC Supreme Court reviews the sale
  • Competing buyers may bring sealed offers to the court date
  • The judge awards the sale to the strongest clean offer

What Buyers Need to Watch

  • Most sales are sold as-is, where-is
  • Condition issues may not be fully disclosed
  • Occupancy risk and possession timing can vary
  • Deposits and deadlines are often strict
  • Due diligence matters more than usual
Live Foreclosure Listings

Current Court-Ordered Sales & Foreclosures

Browse the current live foreclosure feed below for active court-ordered sales and foreclosure opportunities.

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Main Photo: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 1: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 2: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 3: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 4: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 5: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 6: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 7: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 8: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 9: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 10: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Photo 11: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
Status:
Active
Prop. Type:
Land
MLS® Num:
R3076510
2.47 acres 2026 BC Assessed value is $3,372,000 court order sale of development potential land and was previously the subject of a rezoning application with the City of Maple Ridge (Application No. 2018-404-RZ) to rezone from RS-3 to RM-1 (Townhouse Residential). An unapproved concept layout was prepared for 14 townhouse units and 4 single-family lots. The listing consists of two separate legal parcels totaling 2.47 acres (approximately 1.97 acres and 0.50 acres). The eastern portion of the property shows potential for townhouse development, while the western portion is suitable for single-family residential use. Court approval is required for the sale.
Property Type:
Land
Ownership:
Freehold NonStrata
Bathrooms:
- (Full:-/Half:-)
Taxes:
$15,692.06 / 2025
Lot Area:
2.47 acre(s)
Plan:
6260, 2409
Development Status:
No Building Permit Approved, Development Permit Not Available
Building Plans:
Not Available
Info Package Avail.:
Yes
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Electricity:
No
Potential for Rezoning:
Yes
  • Photo 1: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 4: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 5: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 6: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 8: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 9: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 10: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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  • Photo 11: 11363 240 Street in Maple Ridge: Cottonwood MR Land for sale : MLS®# R3076510
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Listed by RE/MAX LIFESTYLES REALTY
Data was last updated November 15, 2026 at 09:40 AM (UTC)
The Macnabs Team
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What Makes a Strong Buyer

How to Be Better Prepared Before You Bid

Buyers who are prepared usually move faster and make cleaner decisions when the right court-ordered property comes up.

Understand the Deposit

Foreclosure and court sales can involve tighter timelines and larger deposits than buyers expect.

Know Your Terms

Subject structure, closing timelines, and how “clean” your offer is can have a major impact on the outcome.

Do Due Diligence Early

Review title, condition, occupancy, court process, and potential repair or possession risks before you go too far.

Who this page is for

  • Buyers looking for foreclosure opportunities in Greater Vancouver
  • Investors wanting cleaner court-sale guidance
  • Buyers comparing risk versus upside
  • People who want help understanding court bidding before writing

Best next step

If you are serious about buying a foreclosure, the smartest move is usually to talk through financing, deposit structure, due diligence, and bidding strategy before the right listing appears.

Thinking about buying a foreclosure or court-ordered sale?

Get clear advice on deposits, terms, due diligence, and bidding strategy before you commit to the process.