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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Calgary Foreclosures – Bank Owned March 6, 2021
7635
Listed
77
Avg. DOM
$317.99
Avg. $ / Sq.Ft.
$430,000
Med. List Price
163 Erin Meadow Green SE
Calgary, AB T2B 3G5
Erin Woods
4
Beds
2F11/2
Baths
1,116
Sq.Ft.
888 East Lakeview Rd
Chestermere, AB T1X 0L9
Kinniburgh
4
Beds
3F11/2
Baths
3,301
Sq.Ft.