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 1 
 Sheriff Sales / Foreclosures / General Discussion / Sheriff's Sale of Lands - July 13
 on: July 13, 2019, 05:09:40 AM 
Started by Rob - Last post by Rob
Sheriff?s Sale of Lands
Ventes de terrains par le sh?rif
UNDER AND BY VIRTUE OF a Writ of Execution filed with the
Sheriff of the REGIONAL MUNICIPALITY OF YORK, dated
MARCH 15, 2017 under writ file number 17-844, the real and personal
property of STEPHEN CHI KWOK YANG and ALICE CHOR YAT
YANG, Debtor(s), at the request of ROYAL BANK OF CANADA,
Creditor(s), I have seized and taken in execution all of the right, title,
interest and equity of redemption of STEPHEN CHI KWOK YANG
and ALICE CHOR YAT YANG, Debtor(s) in and to: ALL AND
SINGULAR that certain parcel or tract of land and premises situated,
being PT LT 116 PL 1960 VAUGHAN PT 1, 65R16582; RICHMOND
HILL. NEWMARKET LAND TITLES OFFICE FOR THE LAND
TITLES DIVISION OF YORK (NO. 65)
Municipally known as : 281 CARRVILLE RD., RICHMOND HILL,
ONTARIO L4C 6E4
All of which said right, title, interest and equity of redemption of
STEPHEN CHI KWOK YANG and ALICE CHOR YAT YANG,
Debtor(s), in the said lands and tenements described above, I shall
offer for sale by Public Auction subject to the conditions set out below
at 50 EAGLE ST. W., NEWMARKET, ON L3Y 6B1, 905-853-4809 on
THURSDAY, AUGUST 22ND, 2019 at 1:OO P.M.
CONDITIONS:
The purchaser to assume responsibility for all mortgages, charges,
liens, outstanding taxes, and other encumbrances. No representation is
made regarding the title of the land or any other matter relating to the
interest to be sold. Vacant possession is not included in the sale of this
property. Responsibility for ascertaining these matters rests with the
potential purchaser(s).
TERMS:
? Deposit of 10% of bid price or $1,000.00, whichever is greater.
? Payable at time of sale by successful bidder;
? To be applied to purchase price
? Non-refundable.
? Ten business days from date of sale to arrange financing and pay
balance in full at 50 EAGLE ST, W, 1ST FLR NEWMARKET,
ONTARIO.
? All payments to be provided in cash or by bank draft, certified
cheque or money order made payable to the Minister of Finance.
? A Deed Poll provided by the Sheriff only upon satisfactory
payment in full of purchase price.
? Other conditions as announced.
THIS SALE IS SUBJECT TO CANCELLATION BY THE
SHERIFF WITHOUT FURTHER NOTICE UP TO THE TIME OF
SALE.
Note: No employee of the Ministry of the Attorney General may
purchase any goods or chattels, lands or tenements exposed for sale by
a Sheriff under legal process, directly or indirectly.
Date: July 2nd, 2019
Sheriff of the Regional Municipality of York
50 Eagle St. W
Newmarket, ON L3Y6B
(905-853-4809)
File #17-844
(152-P180E)
EN VERTU D?UN MANDAT D?EX?CUTION d?pos? aupr?s du
sh?rif de la MUNICIPALIT? R?GIONALE DE YORK dat? du 15
MARS, 2017, portant le num?ro de mandat 17-844, les biens r?els et
personnels de STEPHEN CHI KWOK YANG et ALICE CHOR
YAT YANG, d?biteur(s), ? la demande de ROYAL BANK OF
CANADA, cr?ancier(s), j?ai saisi et ex?cut? le droit, le titre, l?int?r?t
et la valeur de rachat de STEPHEN CHI KWOK YANG et ALICE
CHOR YAT YANG, d?biteur(s), ? l??gard de: LA TOTALIT? ET
CHACUNE DES PARTIES d?une certaine parcelle ou bande de terre
et des locaux compos?e du PT LT 116 PL 1960 VAUGHAN PT 1,
65R16582; RICHMOND HILL A NEWMARKET MUNICIPALIT?
R?GIONALE DE YORK (NO. 65)
? l?adresse municipale suivante : 281 CARRVILLE RD.,
RICHMOND HILL, ONTARIO L4C 6E4
Je dois mettre en vente aux ench?res publiques tous lesdits droits,
titre, int?r?t et droits de rachat de STEPHEN CHI KWOK YANG et
ALICE CHOR YAT YANG, la partie d?fenderesse, desdits terrains
et t?nements d?cris ci-dessus, sous r?serve des conditions ?nonc?es ciapr?s
? 50 RUE EAGLE OUEST, NEWMARKET, ONTARIO L3Y
6B1, 905-853-4809 LE JEUDI, 22 AOUT, 2019, ? 1 :00 P.M.
CONDITIONS :
L?acheteur assume l?enti?re responsabilit? des hypoth?ques, des
charges, des privil?ges, des imp?ts impay?s et autres charge. Aucune
garantie n?est donn?e quant au titre du terrain ou aux motifs de la
vente. La libre possession n?est pas incluse dans la vente. Il est de la
responsabilit? de l?acheteur potentiel de v?rifier ces questions.
MODALIT?S :
? D?p?t de 10 % du prix de l?offre ou de 1 000 $, selon le plus ?lev?
des deux montants.,
? A payer au moment de la vente par l?acheteur retenu.
? Le d?p?t est d?ductible du prix d?achat.
? Le d?p?t n?est pas remboursable.
? L?acheteur dispose de dix jours ouvrables ? compter de la date de
vente pour obtenir le financement n?cessaire et payer le solde en
entier ? 50 RUE EAGLE OUEST, 1ER ETAGE, NEWMARKET,
ONTARIO
? Tous les paiements sont effectu?s en esp?ces ou par ch?que certifi?
? l?ordre du Ministre des Finances.
? Un acte formaliste unilat?ral sera fourni ? l?acheteur par le sh?rif
seulement lorsque le paiement aura ?t? effectu? en entier.
? D?autres modalit?s pourraient s?ajouter.
CETTE VENTE PEUT ?TRE ANNUL?E PAR LE SH?RIF EN
TOUT TEMPS ET SANS PR?AVIS AU COURS DE LA P?RIODE
DE MISE DE VENTE.
Remarque : Aucun employ? du minist?re du Procureur g?n?ral ne peut
acheter des biens ou biens meubles, des terrains ou des immeubles
offerts en vente par un sh?rif dans le cadre d?une proc?dure juridique,
que ce soit directement ou indirectement.
Date : 2 juillet, 2019
Sh?rif, de la Municipalit? R?gionale de
York
50 Rue Eagle Ouest,
Newmarket, ON L3Y6B1
(905-853-4809)
Num?ro de fiche 17-844

 2 
 Tax Sale Forum / Property Information / Tiny, possible contaminated soil lot across landfill
 on: July 11, 2019, 09:09:45 PM 
Started by bee - Last post by bee
25AC, Tiny Township. Sold for $103K across landfill, I think its overpay. This lot will require $150K environmental study before any permits.

 3 
 Sheriff Sales / Foreclosures / General Discussion / Re: Be Careful what you buy
 on: June 16, 2019, 06:29:25 PM 
Started by Dave2 - Last post by Frank
Dam....I wanted that island so badly, but just wasn't a good time for me to be making a bid on anything....pretty sure I would have outbid skin-flint Dave.  Cool


 4 
 Sheriff Sales / Foreclosures / General Discussion / Re: Re: Be Careful what you buy
 on: June 16, 2019, 06:05:23 AM 
Started by Dave2 - Last post by Dave2
Interesting Dave, but in Ontario it is even worse than in that article. Here a tax deed only conveys what is set out in the tax deed less anything that can be claimed by adverse possession by those two adjoining landowners.

Jack:  

Adverse possession, or dealing with neighbors who put a gate across a public roadway to cut off your property access, are always risks.  That is why I think people are crazy to bid full market price.  Of course there is the every day problem of competing against people who know what they are doing like Frank and PFM.    The one problem I really hate though is where the property zoning and the conservation authority are not in sync or even worse where different planners in the same municipality disagree. When you have a zoning of rural residential you expect you can build.    Kawartha Lakes comes to mind as a spot to bid carefully.  Still trying to sort out some of those mistakes I made.

The real horror story comes when you have to justify your actions to your significant other who keeps the books.    That is a tremendous incentive to minimize these types of problems.

Of course if you do your homework sometimes you get surprises of the other type. Like finding out the island property you got was formerly owned by the most exotic island seller in the world out of Germany, as you can see from his website.      https://www.vladi-private-islands.de/

He doesn't touch anything unless it is first class.  

Even more interesting is when you find an even earlier owner's.  ship which is wrecked on the island was burned by members of this infamous family  http://www.black-donnellys.com/the-story/ in rum running days.  At that time my former owner  a (in)famous bootleger apparently knew this person;  https://en.wikipedia.org/wiki/Al_Capone, personally.  
 

 5 
 Sheriff Sales / Foreclosures / General Discussion / Re: Be Careful what you buy
 on: June 16, 2019, 04:45:15 AM 
Started by Dave2 - Last post by Frank
More horror stories

I'm sure that in this case it is the Counties fault as they likely originally required the one reserve foot parcel as a holding zone to limit the development until certain things happened....but failed to have it removed before the development proceeded.   I would put nasty letters in their mailboxes every day, and perhaps paint a one foot wide purple stripe on the wall of their villas, and place a row of ugly garden gnomes on the one foot between the two properties....just keep doing crazy things until they decide to pay up. Cool

 6 
 Sheriff Sales / Foreclosures / General Discussion / Re: Be Careful what you buy
 on: June 15, 2019, 06:06:54 PM 
Started by Dave2 - Last post by Jack
Interesting Dave, but in Ontario it is even worse than in that article. Here a tax deed only conveys what is set out in the tax deed less anything that can be claimed by adverse possession by those two adjoining landowners. That is, he would not get title to the land on which the buildings sit. As to the mail box, he is probably out of luck there as well. Mailboxes of that type are normally constructed on the municipally owned road allowance. I have made mistakes like this myself and walked away with just a loss of my deposit. This is where Dave and my grandad disagree. Dave correctly says you should get your money in as soon as possible, whereas taking your time after the sale to do a very thorough investigation, and using a lawyer to close it with title insurance where applicable, is a contrarian strategy which also has merit. Either way, I agree, after you win the property is not a time to relax. Good post Dave.

 7 
 Sheriff Sales / Foreclosures / General Discussion / Be Careful what you buy
 on: June 15, 2019, 03:09:11 PM 
Started by Dave2 - Last post by Dave2
interesting story out of the US

http://www.sun-sentinel.com/local/broward/fl-ne-tax-auction-leaves-buyer-hurting-20190615-d573l2aw7nbk7hgf4y2d36qcoy-story.html

 8 
 Tax Sale Forum / General / Re: Mark's Point...
 on: June 11, 2019, 01:02:34 PM 
Started by Slick_Willy - Last post by Pfm1011
Cheers ..exactly the point of this site....warn others if you find a landmine so they can warn you if they find one

 9 
 Tax Sale Forum / Property Information / Marmora sale... Deloro Ont ...Canadas Love Canal RUN RUN RUN
 on: June 09, 2019, 08:52:43 AM 
Started by Pfm1011 - Last post by Pfm1011
Like the title says

https://www.ontario.ca/page/deloro-site-cleanup-project

 10 
 Tax Sale Forum / General / Re: Moving a lot line legal question..help needed from the wiser ones on here
 on: June 07, 2019, 11:18:47 AM 
Started by Pfm1011 - Last post by ruok
Best course of action is to contact a surveyor in the area of the property because he will not charge you for your initial questions. He will be well aware of those on the local Planning Board as well. Seems to me that you should apply for a Lot Addition scenario. The process is usually much less involved than a formal severance option but a lengthy process nonetheless because of the bureaucracy. Planning Boards are not always easy to maneuver as there is little consistency from one Municipality to the next. That's where a good surveyor is an asset. Good Luck Pfm!

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