Ontario Tax Sale Property Forum
Tax Sale Forum => Questions and Answers => Topic started by: johny on February 06, 2014, 01:08:26 AM
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Greetings fellow tax sale hunter's. I'm finding that there are not many deals to be found in my area. In my last local tax sale the property likely sold for more than it would have on the mls.
So now I plan to broaden my horizons and start looking at tax sales in a larger geographical area.
To keep costs down a bit I was wondering if anyone is interested in sharing the costs of parcel searches in different area's. For example if we could have 10 people split the cost of an $8 parcel search we could each get a copy of the search for 80 cents each.
Or if 10 people split the costs of 10 different $8 parcel searches we could each get 10 searches for just $8.
We would have to work out the logistics such as who does the search (ideally someone local), how to make payment (maybe email payment to the searcher?), how many days before the sale to do the search, etc.
Curious if anyone else might be interested in sharing costs? I'm also open to suggestions if anyone has better idea's, comments or suggestions.
Cheers,
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Johny, I have been watching to see what the responses to your request would be. Zip! Diddly squat, just as I suspected! It would seem that no one wants to help out their competitors by lowering the cost of a parcel register. However, if the true cost was just 8 bucks, as you infer, then it is not worth the bother. I am cutting back due to the high number of redemptions, but I still budget about $500.00 per sale, and only plan to look into about 10 of the hundreds of sales coming up this year. You can either do your search before, or after visiting the properties - I prefer the later. Consequently I do relatively few searches and the majority of my expenditures are the costs of travel, food and lodging, because us old farts like to spend our time and money looking at what we are tendering. Now Johny, about the 8 buck search. Each parcel register investigated costs 8 or more, and I like to know something about the neighbours, so add in another 8 apiece, and then you have the sheriff's searches checking for lien's against each owner, costs of instruments, and don't forget the parcel map for another buck to make sure you have the correct property for the PIN, part of the PIN, or multiple PINs being sold. You will probably be set back 30 to 50 bucks for each property properly searched, and still have no actionable information. My point is, why even bother doing a parcel search? To put in a good tender you only need to know two things - what is the property worth, and are there government liens and mortgages that you will become responsible for. Have your lawyer do the searches after the sale, and if you have taken my previous advice of never bidding more than 15k for anything, then you just walk away from a deposit of up to 3 k in a very unlikely situation.
Yes, you heard me right, do not do title searches. Buy an MPAC report, a GeoWarehouse report, or the new inclusive MPAC report that just came out to compete with the Taranet's GeoWarehouse offering. What is Teranet? Teranet is a privately owned company that bought the land registry systems from the Province of Ontario - that is who gets your 8 bucks (or more like 30 to 50 if you do it right). Buy the GeoWarehouse report and you get most of what you were after in your parcel search such as selling price, owner information, mortgagee and mortgage data plus much more such as square footage of the buildings, number of washrooms, year it was built, ceiling heights, property dimensions, assessed value etc. - real actionable data so that you can decide what to tender. Is that not all you want to know? - what to tender?
New tools are coming out all the time. Find some realtor buddies to share the costs of the newer tools and I might just be able to stay here in Florida one heck of a lot longer. Count me in!
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g2020:
I must confess to cowardice I guess in your eyes because I will do a property search whatever you want to call it. How and what I search it with will vary but you have covered that already.
Johnny: My reason for not sharing it is
1. Copywright rules from those produced by Tri Target and OTS.
2. I have enough competition all ready and don't want to tip off more.
In terms of going in naked no. I have enough problems with one Dave's folly even though I did a full search and still ran into problems. Pretty hard to search
a problem if none of the people G2020 mentioned know about it and I found out when it cost me a bottle of Glenn Fiddich scotch with a neighbour.
I acknowledge that I need training on how to justify to my significant other
that I lost $3,000 of our money because I did not do a proper search.
Having seen someone walk away from over $7,000 in the fall I think I will remain a coward :o My life is too short as it is.
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Johny, at this point 268 people have read your post and you just have the one definite "no" from Dave2. I do appreciate Dave2's point about not submitting a "going in naked" tender - perhaps the risk adverse should not be buying tax sale property in the new areas that you are contemplating. Dave2 appears to tender only in his home area, and you do not appear to be welcome there. Dave2 is a specialist, and I cannot fault that. He takes no chances, and pays accordingly. To each his own! I am routing for 1,000 readers of this string of posts so with just 732 more readers to go, you still have a chance of finding 10. 🚲
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Johny, I have been watching to see what the responses to your request would be. Zip! Diddly squat, just as I suspected! It would seem that no one wants to help out their competitors by lowering the cost of a parcel register. However, if the true cost was just 8 bucks, as you infer, then it is not worth the bother. I am cutting back due to the high number of redemptions, but I still budget about $500.00 per sale, and only plan to look into about 10 of the hundreds of sales coming up this year. You can either do your search before, or after visiting the properties - I prefer the later. Consequently I do relatively few searches and the majority of my expenditures are the costs of travel, food and lodging, because us old farts like to spend our time and money looking at what we are tendering. Now Johny, about the 8 buck search. Each parcel register investigated costs 8 or more, and I like to know something about the neighbours, so add in another 8 apiece, and then you have the sheriff's searches checking for lien's against each owner, costs of instruments, and don't forget the parcel map for another buck to make sure you have the correct property for the PIN, part of the PIN, or multiple PINs being sold. You will probably be set back 30 to 50 bucks for each property properly searched, and still have no actionable information. My point is, why even bother doing a parcel search? To put in a good tender you only need to know two things - what is the property worth, and are there government liens and mortgages that you will become responsible for. Have your lawyer do the searches after the sale, and if you have taken my previous advice of never bidding more than 15k for anything, then you just walk away from a deposit of up to 3 k in a very unlikely situation.
Yes, you heard me right, do not do title searches. Buy an MPAC report, a GeoWarehouse report, or the new inclusive MPAC report that just came out to compete with the Taranet's GeoWarehouse offering. What is Teranet? Teranet is a privately owned company that bought the land registry systems from the Province of Ontario - that is who gets your 8 bucks (or more like 30 to 50 if you do it right). Buy the GeoWarehouse report and you get most of what you were after in your parcel search such as selling price, owner information, mortgagee and mortgage data plus much more such as square footage of the buildings, number of washrooms, year it was built, ceiling heights, property dimensions, assessed value etc. - real actionable data so that you can decide what to tender. Is that not all you want to know? - what to tender?
New tools are coming out all the time. Find some realtor buddies to share the costs of the newer tools and I might just be able to stay here in Florida one heck of a lot longer. Count me in!
G2020, I guess the parcel search is the first step of the screening process when looking at a property. If the parcel search shows no crown liens or other scary stuff then it would make sense to invest more time and money into further investigation.
That's an interesting strategy bidding only $15k or less. I'm still fairly new at this but I assumed $15k wouldn't buy much at a tax sale. I'm guessing maybe some vacant land or a dilapidated house in the boonies?
I do have a Realtor buddy to share the costs of the new tools if you are interested.
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Dave2, I was referring to a parcel search from the LRO not a title search from OTS or Tri-Target. If the parcel search looks clean then time to consider further investment. I'm not too worried about tipping anyone off. The properties are advertised in the local papers and they're also all over the internets. I figure that's why there are so many properties that sell at or above market value.
g2020, Nobody's interested so far.
Either nobody wants to tip anyone off that they're interested in a property or maybe I'm the only frugal/cheap one looking to cut costs.
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"That's an interesting strategy bidding only $15k or less. I'm still fairly new at this but I assumed $15k wouldn't buy much at a tax sale. I'm guessing maybe some vacant land or a dilapidated house in the boonies?"
Johny, it was interesting to read your quote above, but you have already seen that it is too crowded a space at the high end to make any money. No, today the money, if any, appears to be made at the low end where you may be the only bidder. Then you have a long wait, and a lot of improvement, to make a few bucks. Not even government creditors seem to want to bother with liens on cheap properties, or if they do the lien would likely blanket a much more valuable property of the same owner. The risk is at the high end - the bread and butter profit is at the low end. At Tax Sale the greedy always lose money with their ridiculously low bids on the prime properties that everyone wants. If you decide to bid the more remote, and lower priced properties then you need to keep your costs to a minimum. Perhaps you have received no response because everyone else is expecting to pick up a grand home for next to nothing - in that case who needs to save a few dollars? 🚲
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Dave2 appears to tender only in his home area, and you do not appear to be welcome there. Dave2 is a specialist, and I cannot fault that. He takes no chances, and pays accordingly.
We are going to have a great friendly argument when I finally pay the overdue timbit bet I owe you. My reputation being a home body is interesting. It results from two factors. One of which is one I have no control over because some of the municipalitys run the most open tender systems I think in Ontario.
The other is the interesting one and I am surprised it may not have occured to you. Double or nothing on the Timbits. What is it?
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So Dave2 wants to bet - NetPred gets premium Irish beer, and I get Timbits - is that fair! Oh well, here goes. Dave2 says I know him as a homebody because "some of the municipalities run the most open systems I think in Ontario". Yes, I see Dave2's real name posted on the web site of the municipalities near his home, so I am able to keep track of what he bids. That is the first reason that he appears to be a homebody. Secondly Dave2 may be referring to the fact that he tells us he stays close to home. So that is my bet. I bet that we think he is a homebody because he tells us he is.
Last year I went to as many tender openings as possible, and recorded the name of every bidder, and their bids. This would further my suspicion that Dave2 is a home body, except for conflicting facts - he bought an Island in Lake Huron, and property near Cochrane, in prior years, and last year he got over half of the properties that he tendered, and only had one redeemed. I would post post what he got but that would be inappropriate - sometimes those who appear to be blabber mouths on this blog, are really quite cagey in what they disclose, and why they make those disclosures. The bet is on. Double or nothing.
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I just finished writing cheques to my municipality for my own property taxes and it inspired me to see what I had been missing here on the board.
Not necessarily speaking for Dave2, but my approach is if I already know the territory it gives me a comfort level with estimating the value and how I could potentially realize it. I can't bring myself to 'mail one in' for Algoma or Cochrane, because I don't know the area and my day job doesn't allow me to take the time off to head up there -- even if the allure of unspoiled acreage is appealing, I think my wife would kick me out if I ever told her I had bought land site-unseen. Though I suppose if that did happened, I'd have somewhere to go... But I digress.
Even if I did do a drive-by for a property in the far north, what would that really tell me about the area? I would see what it looks like from the road but wouldn't know the surrounding area well enough to see what the big picture could potentially be for the purchase. I.E., is the lot in a high-traffic area, can I setup a chip-truck for boaters in the summer and snowmobilers in the winter, while I wait for the value of the land to increase, etc etc.
In the spirit of full disclosure, this wisdom has only resulted in several second-place bids and bids on properties that ultimately redeem, so its worth is reflective of that. I do suspect -- and could be way off -- that the 'mailing it in' factor is one of the contributors to some of the excessive bids we see.
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If the deals are out in the boonies then perhaps instead of asking who wants to share costs on searches I should have been asking who wants to carpool? :D
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Carpool? - now you are getting to the true cost of submitting a tender. The next time you are looking at a property north of Huntsville and then realize that the registry office involves a 200 km trip to Parry Sound, you will understand that the $8.00 parcel register fee is only a small part of the title search true cost. Spending 50.00 and up for an OTS or Tri-Target title search may actually be a way to save money. Since I budget $500.00 per municipality inspected, and want to cut back to 10 tax sales per year, then I can in fact lose $5,000.00 per year on tax sales if I get nothing. I have gone as many as 3 years without getting anything but fortunately my wife does not do the arithmetic the way I do. Dave2 feels he would have wife problems if he walked away on a $3,000.00 deposit, but he can easily have a true cost of twice that much if he does not bid high enough. The losses are even greater if he has not done his homework. The advantages of carpooling are that one person may see what the other missed - we all have different strengths! I usually travel with another experienced tax sale purchaser, so one of us can rescue the other, or call 911. It is always good to have a witness! 🚑
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I usually travel with another experienced tax sale purchaser, so one of us can rescue the other, or call 911.
wait until you go after water access property and the boat runs out of gas out in the boonies. Not a good time to find out that the 3 different cell phone carriers
(you and your tax sale friend, and the driver) none of them can get a signal. >:(
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I do suspect -- and could be way off -- that the 'mailing it in' factor is one of the contributors to some of the excessive bids we see.
The above quote from NDR a few days ago has been puzzling me - I think he is correct, but why? Why would someone bid too much on a mail in bid. The only thing that I can think of is reliance. Reliance on assessed values available from sites such as OTS (for a fee) are probably the route cause. The assessed value tends to reflect what a property would sell for if a property were it top condition for sale. I regularly see a house displayed on the OTS site that shows a lovely looking century home that sold at tax sale for $100,000.00 less than assessed value. I bought that house! I made no money due to a combination of urea formaldehyde insulation and asbestos wrapped plumbing - I made the mistake of relying upon the assessed value whereas locals knew the issues and bid accordingly. I was proud of my extensive title searching and market value research until I was proven to be just another "excessive bidder". I think NDR is correct - insufficient on the ground investigation, by all of us, is what has made today's tax sales a poor investment choice. 🚦
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The other piece/side of 'mailing it in' is the fad variable. Using G2020's OTS example, if you go there (as I just did, looking to see that century home) I see a parcel of land in Wasaga that sold for $971,000 below assessed value. Wow! With bargains like that to be had, who wouldn't want to get involved with Tax Sales? I'd be stupid NOT to get involved in this!
Plus every now and then you have a writer or journalist do a story on tax sales and that attracts a new flock of people into the field. I'll admit that's what got me into it years ago, and I jumped in with both feet, driving around the province, dragging whatever family member I could, along for the investigation. I took a hiatus when one particular outing we ran into the same car at every property we went to (if you recall being stalked by a blue Saab 93, 'Hi! Nice to meet you again!'). But what prompted the hiatus wasn't the potential competition, but each property of interest that trip had either a dump on the grounds or a building that had been taken over by wildlife/nature and couldn't possibly be anywhere close to the assessed value in the info package.
But the lure is there hence my own renewed interest. As already mentioned, the search isn't the real cost -- it's the investment in time to do the research (whatever way you do it). G2020's accounting is a very valuable insight.
Though I'm still curious to know if we hit on the reason Dave2 sticks to his marked territory.
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I see a parcel of land in Wasaga that sold for $971,000 below assessed value. Wow! With bargains like that to be had, who wouldn't want to get involved with Tax Sales?
This is another good example. I tendered that parcel after a lot of research because it is close to our summer home on Georgian Bay, and I have done a lot of development work in Wasaga Beach. That parcel of land can never be developed due to environmental protection zoning on most of it, and I can say with absolute certainty that it did not sell for more than it would have sold for on MLS - plus the purchaser had to pay HST which would not apply to a personal use parcel of land sold on MLS. Most newbies do not understand that municipalities have started adding HST to everything which in most cases would not apply to a similar purchase through MLS. Just another cost to factor in.
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Most newbies do not understand that municipalities have started adding HST to everything which in most cases would not apply to a similar purchase through MLS. Just another cost to factor in.
The fact of the matter is, that even with existing residential properties...which would normally be exempt from HST, the Municipalities have no way of being able to swear that the property was not used for some commercial purpose which would make it HSTable. While the Municipality never actually takes possession of any of the properties being sold, unless there are no bids and they excercise their right to take possession at a later date, it is Revenue Canada's position that the act of forclosure or distress sale does constitute seizure and therefore the Municipality does (even for an instant while it process the tax deed) own the property and must be the one to vouch for the property being exempt from HST.
13% suddenly becomes a huge amount that wouldn't (as Gord says) be applicable in most MLS transactions. When mixed in with all the other possibly tragic things that can come with these properties...ureaformeldahyde, asbestos, sinking foundations, existing and owners to dispose of, etc. etc. why are people bidding so high on tax sale properties...wake up people....why are these properties on the block in the first place.
Hey, I've got a very good used car for sale, and I'll let you have for the price of a new one, I won't let you take it for a test drive, or have a mechanic look at it before giving you the ownership...any takers? Oh and if you are interested pm me (that means send me a private message), and I can probably find some swamp land in Florida that you would be interested in. 8)
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Hey, I've got a very good used car for sale, and I'll let you have for the price of a new one, I won't let you take it for a test drive, or have a mechanic look at it before giving you the ownership...any takers? Oh and if you are interested pm me (that means send me a private message), and I can probably find some swamp land in Florida that you would be interested in. 8)
8) Thats a relief.
And here I thought it was the training ground for your pet gator (Rocco). (Newbies you have to read old posts to understand.) What really worried me was I thought my significant other was getting ready for my next screwup and was working with you to feed me to the crocs particularly with Rocco's new training program where he climbs a tree. (see photo. You have to have some spies for self preservation in this business, particularly with significant others).
Or was it for the next summer party so the ladies will have to leave the water? ;D
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Looking at the Kincardine results, and cancellation of the good one, I suspect that there are at least 24 people who wish they had been sharing their costs with someone. And you gator baiters stay away from Florida - they are a protected species here. However, we have a nice hot tub beside the pool if Rocco wants to visit. 🐊
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Port Hope will involve more than just a title search before you submit a tender. I am not a bidder but I notice a lot of buzz on the private part of this forum about environmental issues on the Port Hope 75 acre property. I think it would be helpful to others if any such information is shared. I recall the 1966 Nuclear Genocide issue with Eldorado (Government of Canada) radio active waste placement under roads, homes, and businesses in Port Hope and surrounding communities. I recall that radioactive water was used to keep dust down on rural roads in the Port Hope area, and that after the RCMP investigation, many roads that would normally be gravel were paved for free. Dave2 appears familiar with that area and perhaps he will be kind enough to help others start their due diligence process with some starting points on the internet - we used to have a chap PFM1011 who was very helpful with this type of thing, but he seems to have flown off to greener pastures. 🌷
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Here's a link that's an educational read:
http://thewalrus.ca/nuclear-reaction/
I typically avoid 'government conspiracy' stories but there's so much documentation on the challenges of Port Hope I think this transcends that.
Though I suspect this would be more relevant to the house within the boundaries of Port Hope. Though the 75 acre parcel seems to have it's own unique environmental issues.
Sensitive to people who may call Port Hope home, it is a beautiful area and I encourage all to support the local establishments if you happen to drive through.
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Well said NDR. As you read through the material that NDR has referenced you will notice the disclosure protocol of realtors with respect to contamination in the Port Hope area. I agree that it is a beautiful area, but the facts are the facts, and need to be addressed before you tender. Not understanding local concerns can be just as risky as submitting a "naked" tender, as Dave2 calls the sight unseen, just mail it in and prey, strategy. If we all let each other know what we find, without being overly negative or alarmist, we all win by upgrading the quality of our tenders. 🐙
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The Port Hope scrap yard is definitely one that is worth watching. I believe that Dave will take my advice and go big on this one. There's money in all that scrap metal. And if speculation is right there could be an actual uranium mine on that site...take your drive-by at nite to see if the maple sap coming from the trees glows, just think of the possibilities. 8)
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Not specifically talking about Port Hope, but generally about any property with a large 'collection' of equipment:
Well, one could do a quick search on the Net, see the current value of a ton of scrap metal, and think as they survey an assortment of old cars, construction and farm equipment -- and perhaps an old railcar, just for good measure -- "There must be at least 60 tons or so, which would be at least $18k, so this is actually potential upside." and then proceed to close the deal.
But then, once you're the proud owner of all that you survey, you start to realize upon closer inspection that it won't be as easy as pulling these things onto a flatbed. And some items are of such size that they'll have to be taken out in pieces, likely when load restrictions on the local roads have passed. At around this point a helpful local might drop by, and advise that if the equipment isn't 'dry' -- ie gas, oil, hydraulic fluid, coolant, even flooded batteries -- then there is an environmental concern and you'll need to enlist the aid of a licensed salvage professional, registered with the MoE and carrying the proper insurance. And you know, based on the helpful local's disposition, that they'll likely stop by to make sure you remembered their advice when the work starts.
So as the work begins and the barrels are filling up and the torches are cutting (and burning their not inexpensive fuel), you realize that it's not just the vehicles getting cut to pieces.
Just like, if there's an old abandoned building on the property standing in the way of your plans, getting rid of it may not be as easy as walking into the local fire hall and saying 'hey, I've got a great way for you guys to get some practice!'
But that, as Hammy's friend would say, is another story.
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So Dave2 wants to bet - NetPred gets premium Irish beer, and I get Timbits - is that fair! Oh well, here goes.
4. I will sharpen the question and throw it open to the board for Netpeds usual winning. Why do I stay close to home? Interesting I don't think I have ever seen the answer to that one on this board, or by Tri Target or OTS.
G2020:
As I read this from my Dining room window the road is closed by the police and all sorts of heavy equipment is trying to clear a drain to prevent it being washed out. More on the relevance of that later.
This discussion has morphed into something much different so I will deal with first things first.
The answer to my question is "selling" not buying. As one stockbroker once said any idiot can buy if you bid enough and the same is true for tax sales. The key is selling and for what price compared to what you paid for it and associated expenses.
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This discussion has morphed into something much different so I will deal with first things first.
I worried as I hit 'Post' on my last note that someone might rap my knuckles, or suggest that I was off on a small-engines-esqe tangent (though that discussion was educational as well). But I think we've arrived back at the original theme, albeit in a circuitous manner -- that being the larger costs beyond the initial search, and the value of knowing/researching the local area to better manage those costs.
And I suspect that Dave2's answer fits the theme. Selling, also a cost depending on your exit strategy, is a cost and factor and the best way to control/manage that is knowing the local environment and with and through any existing network.
On the topic of tangential lines of thought I have another question, but rather then contaminate this thread further I'll find a more appropriate discussion thread to pose it in. As soon as I find time to dig for it.
Best, NDR
P.S. the road is closed by the police and all sorts of heavy equipment is trying to clear a drain to prevent it being washed out. More on the relevance of that later.
If you are, in fact, in Port Hope, it's the cemetery, isn't it? They're worried about the buried nuclear waste hitting the cemetery and triggering the zombie apocalypse, right?
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And I suspect that Dave2's answer fits the theme. Selling, also a cost depending on your exit strategy, is a cost and factor and the best way to control/manage that is knowing the local environment and with and through any existing network.
P.S. the road is closed by the police and all sorts of heavy equipment is trying to clear a drain to prevent it being washed out. More on the relevance of that later.
NDR:
I live in the neighbouring township to Port Hope and no I do not have time to watch late night horror movies.
The quote is directly related to the property and one of the pet pieves I have with OTS and Tri Target on the timing in the year of tax sales and how I can make them more money (I will not explain that) if they pay attention.
I will use the analogy of a recent water access only property up by Sharbot Lake a couple of months ago right of the time of freezeup.
It did not redeem and went for $80,000 but there is no way I am going to go to Sharbot Lake at freezeup time to do an onsite. Do it in February when I can walk on water or in the six months when the water is available without freezing. I am sorry I do not bet that amount of mine and my partners money without a proper site look.
For the Port Hope property under discussion I don't know if you realize but OTS Jeff has created a perfect storm for us. We have 3 feet of snow, an inch of rain and temperatures that are forecast to be below zero Fahrenheit a couple of days from now, in a floodplain that goes through the center of the property.
I defy anyone who does not have local knowledge to really know what you have bought. Probably until may.
NDR: Let me use an analogy that any married guy will understand. Remember the beginning of the marriage, the honeymoon was heaven but shortly thereafter hell arrived. For a beer (I assume you are local) at the pub at the foot of Toronto road in Port Hope what is it? (Newbies get the easy ones)
G2020:
You maybe not there personally but wolves travel in packs. Just so you know what you are getting into there how about double or nothing again. Simple question "What CENTURY" can my family trace their roots in Port Hope to. I cant take advantage of a person who is distracted by blondes, bikinnis and beer on the beach ;D
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Well, according to marriage counselor theory (not mine, a friend's) after the honeymoon phase is over the 'Reality Phase' begins where you see what you've really got on your hands after the fog of the thrill of the chase has lifted. But in that case, the sign of the end of one phase and the beginning of another is usually marked by the arrival of frigid temperatures...
I could also be answering the wrong question, which if that's the case I'll claim Newbie status.
And while I have that, I'll ask a potentially naive question -- you're suggesting that OTS & Tri-Target control, or at least have some sway, over when the tax sales take place. Wouldn't it be more at the discretion of the municipalities, and then they just hand the advertising and dispersal of the info-paks to one or the other (or, in some cases, neither, and remain the manager)?
In the event that I owe you a beer (though if I do, I'm going to refer back to our Maritimes discussion and zero-it-out), I'm out in the west end of the GTA, in the Kingdom of Hazel (a city which uses neither OTS or Tri-Target), though I do know the east end quite well and travel there from time to time. But right now I'm heading south for a week to avoid those back-to-freezing temperatures you mentioned ;)
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You maybe not there personally but wolves travel in packs. Just so you know what you are getting into there how about double or nothing again. Simple question "What CENTURY" can my family trace their roots in Port Hope to. I cant take advantage of a person who is distracted by blondes, bikinnis and beer on the beach
No bet Dave! I tried a goggle search based upon everything that I know about your Scottish heritage and no luck. No research, no bet - just like with tax sales.🏩
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[No bet Dave! I tried a goggle search based upon everything that I know about your Scottish heritage and no luck. No research, no bet - just like with tax sales.
[/quote)
Its amazing how art imitates life. First the important stuff, the beers.
a) On the other bet Laras Dad is the winner via PM. The answer is your Mother in Law, but like tax sales risk can be reduced by management. In my case it was first observed by my Dad you noted when I told him what was going to happen," You have every mans dream, a mother-in-law 5,000 miles away and does not speak a word of your language." ;D
b) G2020 is too cagey but like for tax sales he knows when to fold them especially when he is already comfortably ahead. The answer is the 1790's via marriage, one of the founding families of the town.
When we get together I am going to pitch you on something how to possibly
make money on tax sales in a new way. That will not be for the public domain.
Both of you contact me via PM to arrange for your winings.
NDR:
I don't know for sure but I will assume influence and I am not asking for much, delay them a couple of months. Based on past experience both of the professional firms are pretty sharp. IF they feel I have a point I will hear from them via PM or it will be quietly done.The incidence is relatively rare.
On the Port Hope property is it bad enough to qualify as a"brownfield" property
I don't think any one knows but it is an unliscensed scrap yard and I assume a new owner will at least get an order to comply or a something lot more onerous.
Interesting enough if the property does NOT redeem the case could be made that the environmental risks are higher rather then lower.
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Johny, when you started this string of posts I thought it had legs and could be very helpful to everyone. I was betting with Dave2 via private post that with his help we could push the readership up to 1000. Well, it now sits at 1050, and we have all learned a lot. I moved your Karma away from negative, early on, because you had started a valuable thought process regarding managing the cost of assessing the risk inherent in tax sale purchasing. Great start, and welcome aboard!💰
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G2020:
You have achieved your goal and your winnings. Time to get together and explore something new. Be interesting to see if it has ever been done before.
1. And have a friendly agruement that while I understand your strategy on the buy side on the sell side it is a killer.
8) We look forward to you bringing Rocco or Uncle Tom with you when you enter our world if this does not redeem. See photo to see what happened to the last gator that came to town. Yummy tastes like chicken.
I took a photo of bigfoots footprint so people know he is real.
Local competition is a little more ruthless here then you might expect.
It would scare the hell out of me if I was the winner and none of the other locals bid. They are tough but not foolish.
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Barbarian....you disgust me Dave, you are nothing like your brother. You probably have boots, and a wallet to match. Good luck with your scrap yard. 8)
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Apparently, I cannot read times, dates, or posts properly when tired. My apologies to all, and my post is modifiedin its entirety.
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Barbarian....you disgust me Dave, you are nothing like your brother. You probably have boots, and a wallet to match. Good luck with your scrap yard. 8)
8)
Lifetime safe conduct for Rocco and Uncle Tom. We have lots of good places to give them a home locally. Best swamps in southern Ontario. Why don't you ask one of our tenants. (see photo).
I agree I am not like my brother. When the Scottish genes were passed out in my family he got the accountant/financial ones that Scottish people are famous for and I got the highlander ones. And you don't have to worry about wallets as a true highlander I can't carry it under my kilt as the famous joke goes. "how many birds can fit under a Scottsman's kilt."
By this time you are probably wondering what did I do? Lets say I have a problem that if I am at a tax sale opening and introduce myself as "Dave also".On the other hand if I introduce myself as "Dave the barbar___" it conveys a completely different image. Unfortunately for me someone already owns that copywright.
http://en.wikipedia.org/wiki/Dave_the_Barbarian
Of course we barba----- know how to entertain worthy guests and give you your new title. How about we name you after a Toronto river the "Don". "Don Frank" has that proper air of respect in these circles that you certainly deserve and note us barbarians always treat our guests right.
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Johny, when you started this string of posts I thought it had legs and could be very helpful to everyone. I was betting with Dave2 via private post that with his help we could push the readership up to 1000. Well, it now sits at 1050, and we have all learned a lot. I moved your Karma away from negative, early on, because you had started a valuable thought process regarding managing the cost of assessing the risk inherent in tax sale purchasing. Great start, and welcome aboard!💰
Thank you for the warm welcome g2020 and thanks for fixing my Karma. I wasn't really sure what the "Karma" on here is all about but I was pretty sure negative couldn't be good!
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Alas bye bye scrapyard.
I guess the township heard the barbarians were going to overrun the township and cancelled the sale. :'(
and the answer to the joke how many birds fit under a Scotmans kilt is " It depends on the size of the perch" :o
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Dave2:
It also depends on whether it be twig or branch, and wilted or not.
;>))
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Dave2:
It also depends on whether it be twig or branch, and wilted or not.
;>) )
Ernestbidder:
I have a dozen responses to your lively comment but none are suitable for a family board. How about we explore them at the Colborne pub and let you decide
which is best. Being a barbarian is bad enough reputation especially as the King of Scotland in the 14th century said about my ancestors get rid of those bandits.
Here is the actual quote,"
They seem to have been an unruly and troublesome lot, for at a Council held at Linlithgow on January 9, 1490, James IV gave orders to Lord Drummond: "Whin 15 dias fra this dai furth to ger cast doon ye hoos of ye Easter Isle of Loch Earn, and distroy all ye strengthis of ye samen, and tak away ye bate, and put her to ye Wester Isle (at Locheranhead)."