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The Foreclosure Process Explained
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Alberta Foreclosure Process
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Tag Archives: going into foreclosure
Foreclosure in Alberta – Legal Perspective
Talking With A Lawyer About Foreclosures I recently had the pleasure of sitting down and chatting with Barry McGuire, a long time real estate lawyer who practices in Edmonton, Alberta. Barry has been a real estate legal professional in Alberta … Continue reading
Personal Liability of Foreclosure in Alberta
Contemplating the personal liability of Foreclosure in Alberta is serious business. If for some unfortunate reason you find yourself in this position, you may be wondering just how much you could be on the hook for that outstanding debt you … Continue reading
The Personal Costs of Foreclosure in Alberta
For a homeowner in Alberta, going through a foreclosure action can be a very costly ordeal in many areas of life. These include the obvious and substantial implications it can have on ones financial stability and personal credit rating, but … Continue reading
Rights of Redemption – A Homeowner’s Rights After the Redemption Period!
Definition: Equity of Redemption – the right of a borrower to redeem (i.e., buy back) his or her property by paying off the outstanding mortgage debt in full. Don’t confuse this term with the Right of Redemption of a borrower. … Continue reading
Going Into Debt to Get Out of Debt: The Dangers of Second Mortgages
Under the right circumstances, home equity can be your own personal golden goose. If you’ve lived in your home for some time and benefited from a rising local economy or made extra payments to reduce your mortgage quickly, you’ve created … Continue reading
The Foreclosure Process – A Conversation with Harold
If your Calgary property is going into Foreclosure in Alberta, we put together this informative video that answers many homeowner’s foreclosure questions. Just click on the video above, and send us any questions or comments you may have in the … Continue reading