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Okanagan ForeclosuresRoyal LePage Kelowna
Kelowna’s waterfront skyline across Okanagan Lake at dusk
For lenders & counsel

Court sale
representation

A disciplined approach for MICs, private lenders and their lawyers throughout the Okanagan.

Request a price opinion

Photo: Darren Kirby · CC BY-SA 2.0 · Cropped for display

For lenders & counsel

Court-ready from the first showing

Why lawyers recommend them:

Court-ready records.

Every showing, offer and price change is logged, so counsel has a clean, sworn marketing history for the approval hearing.

They know the 9:45 rule.

Competing bidders are briefed on the court’s sealed-bid rules, so the hearing gets real bids and few surprises.

They keep marketing until approval.

The property isn’t pulled when the first offer arrives, so the court sees the price properly tested.

They know who the client is.

Every listing follows the court order and Schedule A, and every offer is subject to court approval.

Disclosure done right.

Known defects are disclosed even in an “as is” sale, which protects the lender and the file.

Respectful with occupants.

Owners and tenants are handled with discretion, which means fewer access problems and fewer applications to court.

For lenders & counsel

Court sales, with John & Kaila

A short series on how John and Kaila handle court-ordered sales for lenders and their counsel. Choose any video from the list.

John and Kaila: Court sale representation

Court sale representation

How John and Kaila handle court-ordered sales for lenders and counsel.

Lender video series · 5 videos

24 hrs

Free written price opinion

Weekly

Written report every [Friday]

100%

Court-ready marketing record

For lenders & counsel

Court-ready marketing record

A blank, fillable record covering pricing, property condition, marketing activity, showings, offers and supporting evidence.

Five pages · Template only, not an affidavit or court form. Counsel must review before filing.

How we run your sale

  1. 1

    Before court

    • Price opinion with Okanagan comparables in 24 hours
    • Drive-by condition and occupancy check
    • We contact no one without your direction
  2. 2

    Days 1–7

    • Photo and video condition report
    • Lockbox, utilities and heat checked
    • Pricing based on your appraisal plus a full market analysis
    • Listing paperwork prepared for your lawyer
  3. 3

    Days 7–10

    • MLS®, professional photos, floor plan
    • Royal LePage network
    • Direct release to our investor and buyer list
  4. 4

    Offers

    • Every offer summarized for you and your lawyer the same day
    • Marketing report ready for the approval application
    • Competing buyers kept informed
  5. 5

    Completion

    • Possession, keys and final walk-through coordinated with your lawyer
    • Closing summary

Protecting your security

  • Locks or lockbox on your instruction
  • Heat, power and water checked; winterized if vacant
  • Insurance confirmed with you
  • Weekly inspections with photos
  • Snow, lawn and debris handled

Who does what

You (the lender)

Instruct us, approve pricing and decide on offers.

Your lawyer

Obtains conduct of sale and brings the approval application to court.

John & Kaila

Secure, market and report on the property, and keep the record the court needs.

Your weekly report

Sample
Sample weekly report
WeekShowingsBuyer feedbackOffersOur recommendation
Week 14Priced fairly; kitchen dated0Hold price; add floor plan to listing
Week 26Strong interest from investors1Counter; notify other interested buyers
Week 33Two buyers waiting on financing2Accept best offer subject to court approval

Fees

  • No upfront costs
  • Marketing included
  • Commission as set out in the listing agreement, paid from sale proceeds
  • Price opinions are free whether or not we list

Need financing for your borrowers' buyers?

We refer buyers to lenders, including alternative lenders. If you lend on court-ordered purchases, send us your lending guidelines and we'll share them with qualified buyers.

Court Sale Listing Plan (PDF)

[Download available once the PDF is supplied.]

For lenders & counsel

What it costs to wait

In a BC foreclosure, interest, taxes and strata fees keep running through the redemption period, usually six months, and every month until the sale closes. See how fast your recovery shrinks, and what an early price opinion and conduct-of-sale application can save.

Your assumptions

10 months
1 month18 months
7 months
1 month10 months

Waiting costs about
$5,050 a month

(about $166 a day)

Cost of a 10-month timeline

$52,338

Cost with a fast start (7 months)

$36,201

You keep

$16,137

Your equity cushion of $60,750 runs out in month 12. After that, every month is a direct loss.

— Amount owed- - Net sale proceedsShortfall shaded

Months until sale closes

Recovery at 10 months$612,338

Recovery with fast start$596,201

Get a price opinion in 24 hours.

Know your exposure before your first court date, and decide whether to ask the court to shorten the redemption period.

Apply for conduct of sale early.

With a listing plan ready, your lawyer can apply as soon as the court allows it.

List the day it's granted.

Photos, pricing and marketing are ready, so no month is lost to set-up.

Every month counts. Know your number today.

Talk to John & Kaila

Estimates only, for illustration. Not legal or financial advice. Assumes no payments are made and interest compounds monthly; your actual redemption amount, interest and costs are set by your mortgage terms and the court. Holding costs can usually be added to the debt but are only recovered if the sale proceeds cover them. Talk to your lawyer about your file.

For lenders

Request a free price opinion

Written, with Okanagan comparables, within 24 hours. Uploads are visible only to John and Kaila.

Confidential