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 11 
 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


 12 
 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.  
 

 13 
 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

 14 
 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.

 15 
 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

 16 
 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

 17 
 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

 18 
 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!

 19 
 Tax Sale Forum / General / Mark's Point...
 on: June 07, 2019, 07:50:56 AM 
Started by Slick_Willy - Last post by Slick_Willy
...might be the finest looking tax sale property I ever did see. What are the chances it doesn't get cancelled?

Beware the 25 acres woodlot. Across from an old landfill with reports of groundwater contamination.

http://aware-simcoe.ca/2009/12/pauze-dump/

 20 
 Tax Sale Forum / General / Re: GIS GPS RTK Glonass etc
 on: June 05, 2019, 09:57:26 PM 
Started by Pfm1011 - Last post by Ronster
Perhaps this might help? https://www.theverge.com/circuitbreaker/2017/9/25/16362296/gps-accuracy-improving-one-foot-broadcom

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