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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

Blog by Ian Watt

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The Many Reasons for Court Ordered Sales

Vancouver Condo Real Estate Video Blog #167 - October 24, 2008

The Many Reasons for Court Ordered Sales

Ian Watt video blogs about the many reasons for court ordered sales and foreclosures in Vancouver real estate.  If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real estate Video Blogs.

 



Ian Watt: Ian Watt: Hi good afternoon! It’s Ian Watt in Downtown Vancouver. I'm actually on the patio of the penthouse in Yaletown right now and I want to talk again about foreclosures. And just talking abut court ordered sales just because it's just a court ordered sale does not mean that this people who have the mortgage or dead bits it can be for the numerous different reasons. For example there could be this situation where somebody is going through a divorce. Maybe it's a common lost separation or perhaps there's two owners and their having a big disagreement. It could be for, maybe a special assessment on the building and this people cannot pay it or don't know how to deal with the situation. There gonna be so many different reasons why there was a court ordered sale so don't think that it just because people are dead bits. If you have any questions about court ordered sales. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!