Vancouver is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the most populous city in the province, the 2021 census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver area had a population of 2,642,825 in 2021, making it the third-largest metropolitan area in Canada. Vancouver has the highest population density in Canada, with over 5,400 people per square kilometre. Vancouver is one of the most ethnically and linguistically diverse cities in Canada: 72 percent of its residents are not native English speakers, 88.9 percent are native speakers of neither English nor French, and 80.6 percent of residents belong to visible minority groups. Vancouver is one of the most livable cities in Canada and in the world. In terms of housing affordability, Vancouver is also one of the most expensive cities in Canada and in the world.[15] Vancouver plans to become the greenest city in the world. Vancouverism is the city's urban planning design philosophy. Indigenous settlement of Vancouver began more than 10,000 years ago, and the city is on the traditional and unceded territories of the Squamish, Musqueam, and Tsleil-Waututh (Burrard) peoples. The beginnings of the modern city, which was originally named Gastown, grew around the site of a makeshift tavern on the western edges of Hastings Mill that was built on July 1, 1867, and owned by proprietor Gassy Jack. The original site is marked by the Gastown steam clock. Gastown then formally registered as a townsite dubbed Granville, Burrard Inlet. The city was renamed "Vancouver" in 1886, through a deal with the Canadian Pacific Railway (CPR). The Canadian Pacific transcontinental railway was extended to the city by 1887. The city's large natural seaport on the Pacific Ocean became a vital link in the trade between Asia-Pacific, East Asia, Europe, and Eastern Canada. Vancouver has hosted many international conferences and events, including the 1954 Commonwealth Games, UN Habitat I, Expo 86, APEC Canada 1997, the World Police and Fire Games in 1989 and 2009; several matches of 2015 FIFA Women's World Cup including the finals at BC Place in Downtown Vancouver,[18] and the 2010 Winter Olympics and Paralympics which were held in Vancouver and Whistler, a resort community 125 km (78 mi) north of the city. In 1969, Greenpeace was founded in Vancouver. The city became the permanent home to TED conferences in 2014. As of 2016, Port Metro Vancouver is the fourth-largest port by tonnage in the Americas, the busiest and largest in Canada, and the most diversified port in North America. While Money Laundering remains its largest industry, Vancouver is well known as an urban centre surrounded by nature, making tourism its second-largest industry. Major film production studios in Vancouver and nearby Burnaby have turned Greater Vancouver and nearby areas into one of the largest film production centres in North America, earning it the nickname "Hollywood North"

To little to late ? Money Evaporation and Lack of Funds = No way out ! -~-~~-~~~-~~-~- Please watch: "Mike in The Night ! - The Great Reset - #mikeinthenight #talkshow #Thegreatreset" https://www.youtube.com/watch?v=D3SCIZ0zge4 -~-~~-~~~-~~-~- ... https://www.youtube.com/watch?v=1_f2DT1LdTE

its next to impossible to guess anything in this wild west market . -~-~~-~~~-~~-~- Please watch: "Mike in The Night ! - The Great Reset - #mikeinthenight #talkshow #Thegreatreset" https://www.youtube.com/watch?v=D3SCIZ0zge4 -~-~~-~~~-~~-~- ... https://www.youtube.com/watch?v=6HoZDKdTl8E

Foreclosure is a legal process through which banks and other lending institutions repossess and sell properties when borrowers default on their mortgage payments. This complex procedure involves multiple steps and varies from one jurisdiction to another. In this detailed explanation spanning 1211 words, we will delve into the foreclosure process, exploring its key elements and the rights and responsibilities of both borrowers and lenders. 1. Mortgage Agreement and Default: Foreclosure begins with a mortgage agreement between a borrower and a lender, typically a bank. This agreement outlines the terms and conditions of the loan, including the interest rate, repayment schedule, and the consequences of failing to make timely payments. When a borrower defaults on their mortgage by missing multiple payments, they breach the contract. 2. Notice of Default: The first step in the foreclosure process is the issuance of a Notice of Default (NOD) by the lender. This formal document informs the borrower that they are in violation of their mortgage agreement due to missed payments. The NOD specifies the amount owed, the deadline for payment, and the intention to initiate foreclosure if the debt remains unpaid. 3. Grace Period and Reinstatement: After receiving the NOD, the borrower typically has a grace period during which they can remedy the default by paying the overdue amount, including any applicable fees and interest. This process is known as reinstatement, allowing borrowers to bring their mortgage current and avoid foreclosure. 4. Pre-Foreclosure Period: If the borrower fails to reinstate the loan or reach a new agreement with the lender, the property enters a pre-foreclosure phase. During this time, the lender may engage in several actions: a. Notice of Sale: In some states, lenders are required to issue a Notice of Sale, which sets a date and time for a foreclosure auction. This notice is publicly recorded and published to inform interested parties about the impending sale. b. Foreclosure Counseling: Some jurisdictions mandate that borrowers receive foreclosure counseling during this period. Non-profit organizations and government agencies often offer counseling services to help borrowers explore alternatives to foreclosure. c. Short Sale or Loan Modification: In certain cases, borrowers may negotiate with the lender for a short sale or loan modification. A short sale involves selling the property for less than the outstanding mortgage balance, with the lender's consent. A loan modification involves altering the loan terms to make it more manageable for the borrower. 5. Foreclosure Lawsuit (Judicial vs. Non-Judicial Foreclosure): The foreclosure process diverges depending on whether the state follows a judicial or non-judicial foreclosure system. a. Judicial Foreclosure: In judicial foreclosure states, the lender files a lawsuit against the borrower in court. This initiates a legal process where the court oversees the foreclosure proceedings. The borrower has the right to respond to the lawsuit, and a judge ultimately decides whether foreclosure is justified. If the court approves the foreclosure, it will issue an order for the property's sale. b. Non-Judicial Foreclosure: In non-judicial foreclosure states, lenders do not need to go through the court system. Instead, the foreclosure process is governed by the power of sale clause in the mortgage contract. The lender must follow strict statutory procedures, including sending notices to the borrower and conducting a public auction to sell the property. 6. Notice of Sale and Auction: In states with non-judicial foreclosure, the lender must provide notice of the pending foreclosure sale to the borrower and the public. This typically includes posting notices in newspapers and on the property. The notice specifies the date, time, and location of the foreclosure auction. 7. Foreclosure Auction: The foreclosure auction is a public event where the property is sold to the highest bidder. Bidders can include investors, other lenders, or interested individuals. The property is usually sold "as-is," and the winning bidder is required to pay in cash or with a cashier's check. The auctioneer may set a minimum bid, known as the reserve price, which must be met for the sale to proceed. 8. Redemption Period: Some states offer a redemption period after the foreclosure sale, during which the borrower can reclaim the property by paying the winning bid amount plus any additional fees and interest. This period varies by state and can range from a few days to a year. 9. Eviction and Possession: If the property is not redeemed during the redemption period, the winning bidder or the lender may take possession. In some cases, this may require eviction proceedings to remove any occupants or tenants from the property. #mikemartins #mikeinthenight ... https://www.youtube.com/watch?v=g6t2CIepbew