ALL YOU NEED TO KNOW
ABOUT FORECLOSURES
by JNL
The Foreclosure Process in
British Columbia - Awaiting Approval
Now that the solicitor for the
Lender has your relatively “unconditional” offer in hand he or
she will apply to the Court for a
date at which time the offer can
be presented for its approval.
This date is usually 10-15 days
after you remove subject conditions and pay your deposit.
On the date that the Court
agreed to hear about your offer
you would attend with your
Buyer Agent at the stipulated
location. There is a list in the
lobby of the courthouse that indicates in which courtroom your
offer will be heard by the judge
or master. Also on that list may
appear the price that is in your
offer.
This