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Foreclosures

Listing a Foreclosure Property in British Columbia: A Step-by-Step Guide for Sellers

Posted on Feb 12, 2026 in Foreclosures




By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling a foreclosure property in British Columbia is a structured legal process that differs significantly from a traditional sale. Whether you are a lender, court-appointed party, investor, or an owner navigating financial distress, it is essential to understand the roles, timelines, and lega...

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Understanding the Foreclosure Process in Victoria: From Listing to Court Approval

Posted on Oct 11, 2025 in Foreclosures


By Janine Thomson - Victoria Realtor | Pemberton Holmes

In today’s changing real estate market, foreclosures are becoming a topic of growing interest for both homebuyers and sellers in Victoria, BC. A foreclosure happens when a homeowner falls behind on mortgage payments and the lender takes legal steps to recover the debt through the BC Supreme Cou...

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Due Diligence Checklist for Buying Foreclosure Properties in British Columbia

Posted on Sep 01, 2025 in Foreclosures


By Janine Thomson - Victoria Realtor | Pemberton Holmes

What to Check Before Buying a Foreclosure in Victoria BC Before You Make an Offer

Buying a foreclosure can look like an exciting opportunity. A lower price, potential upside, and the possibility of building equity can make foreclosure properties in British Columbia appealing to investors and hom...

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How Much Below Market Can You Buy a Foreclosure in Victoria BC?

Posted on Sep 01, 2025 in Foreclosures


By Janine Thomson - Victoria Realtor | Pemberton Holmes

The Truth About Foreclosure Deals in Victoria BC — And Why “Bargain” Properties Are Often a Myth

If you have been browsing foreclosure deals in Victoria BC, you have probably seen the common belief that foreclosures are where buyers scoop up homes for pennies on the dollar. 
It is one of the bigg...

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Buying a Foreclosure in Victoria: A Step-by-Step Guide for Investors and Home Buyers

Posted on Sep 01, 2025 in Foreclosures


By Janine Thomson - Victoria Realtor | Pemberton Holmes

For many buyers and investors, the word foreclosure sparks thoughts of hidden deals, below-market prices, and investment opportunity. In reality, buying a foreclosure in Victoria BC is very different from what many people expect, especially compared with the U.S.

In British Columbia, most forecl...

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Court-Ordered Sales in BC Explained: What Victoria Buyers Need to Know Before Investing

Posted on May 01, 2025 in Foreclosures


By Janine Thomson - Victoria Realtor | Pemberton Holmes

For many buyers and investors searching for opportunities in today’s real estate market, court ordered sales in BC often spark curiosity. Some see them as a pathway to finding undervalued real estate, while others are drawn to the potential for investment opportunities through Victoria court or...

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How a Victoria Realtor Helps Buyers Purchase Foreclosures and Court-Ordered Sales in BC

Posted on May 01, 2025 in Foreclosures


By Janine Thomson – Victoria Realtor | Pemberton Holmes

In today’s changing real estate landscape, more buyers and investors are exploring foreclosure properties in Victoria BC and court-ordered sales in British Columbia as potential opportunities to purchase below market value. But buying distressed real estate is very different from purchasing a t...

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What to Do If You're Facing Foreclosure on Your Home in British Columbia 

Posted on Aug 05, 2024 in Foreclosures




Facing foreclosure on your home is a challenging and stressful situation, but it's important to remember that you have options and steps you can take to address the issue. If you are in British Columbia and find yourself in this predicament, here's a guide to help you navigate through the process and explore potential solutions.

1. Understand the Fo...

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10 Things to Consider When Buying a Foreclosure Home 

Posted on Jul 17, 2024 in Foreclosures



Buying a foreclosure home can be an exciting opportunity to snag a property at a lower price, but it's not without its challenges. Victoria, BC, with its picturesque landscapes and vibrant community, is an attractive market for real estate investors and homebuyers alike. If you're considering purchasing a foreclosure home in this beautiful city, he...

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What Happens During a Home Foreclosure in BC

Posted on May 01, 2024 in Foreclosures


Foreclosures in British Columbia are a legal process where a lender (most often a bank) takes control of a property due to the homeowner failing to meet their mortgage obligations. The process is designed to allow the lender to recover the unpaid balance of a defaulted loan. Here’s a detailed look at how the foreclosure process typically unfolds in...

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