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Calgary Foreclosures - Bank Owned 

Foreclosures in Calgary is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Usually the bank or lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the Calgary property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt.

 

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31 Covepark Pl Ne, Calgary, Alberta - $84,900

Detached, Detached
  • 4 Beds
  • 4 Baths
  • 1,969 SQFT
  • 46 DOM
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**civil Enforcement Sale** Do Not Attempt To Enter The Property (including The Yard), No Showings Are Permitted At This Time. The Listed Price Represents A One Half (1/2) Interest In The Property. This Is An Investment Opportunity, One Could Not M...

CENTURY 21 BAMBER REALTY LTD.

MLS® #C4161020

Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on February 20th, 2018 at 11:30am CST.