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Foreclosures BC Canada: The Best Choice of Investment

The global recession has taken its toll on many countries making people in the worst shape, not being able to pay their rent, mortgage, loans and other liabilities. They find their homes foreclosed, their properties given up to lenders. That’s why there are lists like foreclosures BC Canada.

The judicial sale process of foreclosures BC Canada also involves property licensees. If a property is foreclosed, the owner of the property can apply for a judicial sale of the foreclosed home. When a demand letter is sent to the owner that’ when the sale begins. The court usually allows for a period of 6 months for the owner to pay the mortgage and the extra fees involved in the sale.

When all these are done, the owner can then start looking for a realtor to help him sell the house...

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Do mortgage papers list the terms of foreclosure proceedings?

If I go through foreclosure, I want to know what happens such as what happens to the balance of the mortgage owed. My mortgage is with Citimortgage and it is A paper fixed 30 year from a few years back if that makes any difference to anyone who may know. I lost my job and it’s only a matter of time before I lose my house, which is worth 40% of my mortgage balance so I don’t have the option of selling. Please help I am stressed out beyond words to describe it.
I regret all the home improvements I made – adding baseboards, hardwood floors, ceiling fans, remodeled kitchen. What a waste of money to say the least. I really don’t know how to get over this or what to expect.
Not to mention all my savings I had put into the downpayment...

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Is America the only country going through a crisis?

is canada or britain or any part of europe for that matter, going through any similar crisises like we are?

increase in gas prices
increase in foreclosures and rent
stock market plunge
increase in unemployment rate.

etc. the list goes on…i guess we probably have it the worst.

No but our economy is SO BIG it drives the train.

America sneezes and the whole world catches cold…

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