Foreclosures Are Out Of Control In Vancouver

๐Ÿ“… Schedule A Call With Me โ†’ https://vault.kylemark.ca/r/calendly ๐Ÿ“š Home Sellers Blueprint โ†’ https://vault.kylemark.ca/r/sell ๐Ÿ“š Home Buyers Blueprint โ†’ https://vault.kylemark.ca/r/buy ๐Ÿ  Home Evaluation โ†’ https://vault.kylemark.ca/r/value ๐Ÿ”Ž Start Your Home Search โ†’ https://vault.kylemark.ca/r/search ๐Ÿงฎ Mortgage Calculator โ†’ https://vault.kylemark.ca/r/mortgage ๐Ÿงฎ Property Transfer Tax โ†’ https://vault.kylemark.ca/r/ptt ๐Ÿงฎ Seller Net Sheet โ†’ https://vault.kylemark.ca/r/net-sheet ๐Ÿงฎ Buy vs Rent โ†’ https://vault.kylemark.ca/r/buy-vs-rent ๐Ÿงฎ Investor ROI โ†’ https://vault.kylemark.ca/r/investor ๐Ÿ“ฒ Follow Me On Instagram โ†’ https://vault.kylemark.ca/r/ig ๐Ÿบ Realtors Partner With Me โ†’ https://vault.kylemark.ca/r/partner ๐Ÿ“ž Call or Text Me: (604) 288-7245 โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€ Court-ordered sale listings in Vancouver and the Fraser Valley are up 445% from 2024 levels and 90% year-over-year. Some properties are transacting at half the price they sold for three years ago, and the private lender that was supposed to bail these mortgages out just halted redemptions on $1.2 billion in loans. In this video I walk through the real story behind the headline number โ€” what these listings actually represent, why the private lending market just hit a wall, how court-ordered sales actually work in BC, and the specific document I look at first before I take any buyer to see one. What I cover: ๐Ÿ”น The 445% / +90% court-ordered listings data (Edge Report / Steve Saretsky) and what it does and does not mean ๐Ÿ”น Why the Mortgage Company of Canada $1.2B distribution halt matters for every Vancouver borrower ๐Ÿ”น BC mortgage delinquencies +14% in 3 months โ€” leading the country ๐Ÿ”น How BC court-ordered sales actually work (court approves price, not lender, multiple offer hearings) ๐Ÿ”น The 3 rules buyers must follow at the court appearance (no subjects, deposit cheque, as-is where-is) ๐Ÿ”น The buyer playbook: how to tell which court-ordered sales are real deals and which are traps ๐Ÿ”น The homeowner playbook: what to do if you're worried about a renewal in the next 12 months ๐Ÿ”น The ONE document I pull first on every court-ordered property ($12, 10 seconds) ๐Ÿ’ฌ Comment "LIST" below and I'll personally send you the current Metro Vancouver court-ordered sales list within 24 hours so you can see exactly what's available right now.