Think a foreclosure automatically means a bargain? Not necessarily.

Andy Schildhorn • September 3, 2026


Think a foreclosure automatically means a bargain? Not necessarily. 🤔

 

Kylene Shannon explains how court-ordered sales work in BC, why another buyer can still compete after your offer is accepted, and what “as is, where is” really means for a buyer.

 

A foreclosure can be an opportunity. The key is knowing the process before you make your move.

 

📞 Let's chat about your real estate goals:

 

🏦 Looking for mortgage advice?

  • Contact our trusted partner:
  • Cindy Bendixen,
  • Phone: 604.649.9388


 

 

 

 

 

 


Share this article

Recent Posts

By Andy Schildhorn September 3, 2026
August finished with 872 sales , down just 2% from August 2025 , while new listings fell 16% year-over-year . Buyer activity is holding relatively steady, while fewer new listings could help tighten the market heading into fall.
By Andy Schildhorn August 29, 2026
Sales rebounded sharply this week to 262 (+46%) , while new listings declined 7% to 553 . After two quieter weeks, buyers clearly stepped back into the market, and the gap between original list and sale price narrowed to 5.3% . Looking at the year so far, the pattern remains consistent. Weekly sales have been volatile, but buyers remain selective and price-conscious. The sale-to-list gap has generally stayed in the 5% to 7% range , giving buyers room to negotiate. As we approach September, the question is whether this rebound carries into the fall market.
By Andy Schildhorn August 28, 2026
Two great opportunities to tour in Fort Langley this weekend. Join us Saturday at 9072 Gay Street or Sunday at 9352 Singh Street. Two very different homes, both offering a fantastic Fort Langley lifestyle. Come by and take a look. We'd love to show you around. 👉 Listing Details Here
By Andy Schildhorn August 28, 2026
Heading out this weekend? A mix of sun and cloud with possible showers this weekend. Check the traffic cameras before you head out! Check out the cam 👀 208 St & 80 Ave (Looking North)
By Andy Schildhorn August 28, 2026
ADVENTURE AWAITS at the 2026 Air Fair! Bring your family and friends and join us at the Langley Regional Airport SATURDAY, August 29, 2026 10 am to 5 pm Langley Regional Airport (YNJ) - 5385 216 Street Free Admission Details Here
By Andy Schildhorn August 28, 2026
By Andy Schildhorn August 27, 2026
Canada’s housing market showed further signs of stabilizing in July 2026, although sales remained below both last year’s levels and longer-term norms. Details here
By Andy Schildhorn August 27, 2026
🐾 When you realize it’s only Wednesday… 😀 V isit LAPS 🐶🐱
By Andy Schildhorn August 23, 2026
A Lemur could be puppy like. I bet they're fun 😀 V isit LAPS 🐶🐱
By Andy Schildhorn August 21, 2026
Getting to the Summer Cat Show in Langley was an adventure for first-timers Meg Johnson and Nnelimma, her five-month-old kitten. Read More Here
Show More