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 21 
 Sheriff Sales / Foreclosures / General Discussion / Island property in Gravenhurst Muskoka
 on: February 16, 2020, 02:45:47 PM 
Started by Dave2 - Last post by Dave2
If you think Georgian Bluffs was popular, this property looks like it could be the happy New Year's Eve party of Tax Sales this year especially    

as mentioned in Cottage Life recently. https://cottagelife.com/realestate/cottage-real-estate-how-toronto's-boom-affects-cottage-prices/

Of course the municipality has decided to hold sale for a water access property only in late winter
when ice conditions start to deteriorate but this is not the only risk associated with this property.

Just a word of warning this property has some unusual potential title legal issues that I have never seen in a tax sale before.  

Because of this I assume the legal community will call it the tax sale of the year and start rubbing their hands in anticipation of possible fees.    

 22 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 14, 2020, 11:01:57 AM 
Started by Sierra - Last post by butchard
https://www.realtor.ca/real-estate/21548080/pt-lt-11-jones-range-georgian-bluffs

$299,999 for just under 12 acres same location.   Bidder should of waited.

 23 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 09, 2020, 08:50:54 AM 
Started by Sierra - Last post by bee
Its one crazy bid, most were around assessment values... May be next door mr. Chan Hoo

 24 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 09, 2020, 05:59:35 AM 
Started by Sierra - Last post by Dave2
Good observation Elvis.  Great time to be a seller and it looks like we are going to have to review bid pricing strategies if this persists,
but Elvis remember some of the smartest and our most dangerous opponents in the business are the women here.  

The lack of product means that we are getting a bunch of new competitors as well and a decrease in the quality of tax sale properties.  

Anyone know what the next few lower bids were for this one?  Wonder if just one excessive bid or whole market is going crazy?  
Thought something like this might happen on this one and fortunately did not waste my time.

Of course on the next one like this, I will make the same decision and there will be only a few low ball bids, and I will feel like an idiot.

I wonder if the buyer will be rescued by a post bid redemption?

 25 
 Tax Sale Forum / General / Re: Treasurer refused to release public info
 on: February 08, 2020, 12:42:58 PM 
Started by bee - Last post by mozzy
I was a non participant in a older tax sale and was interested what the tender sold for, the Treasurer refused to to answer my query. Once the sale was finalised and paperwork complete, at that time the information was posted on their website.

 26 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 08, 2020, 11:24:30 AM 
Started by Sierra - Last post by Elvis
There's too much money chasing too little product, which is probably why the wise old men on this site have been so quiet lately.  This article from Manitoulin Island says it all, Toronto money is messing up the entire Ontario market.

https://www.manitoulin.ca/island-real-estate-market-has-been-booming/

 27 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 08, 2020, 07:17:05 AM 
Started by Sierra - Last post by butchard
wow someone had way to much money burning a hole in there pocket's

 28 
 Sheriff Sales / Foreclosures / General Discussion / Re: Georgian Bluffs
 on: February 07, 2020, 10:20:33 AM 
Started by Sierra - Last post by bee
Clearly overpaid for this price.

There are cottages sold just down the road for $312K with building, septic, well + all extra....

Cottages sold:

1) 504443 GREY ROAD 1 ($312K)

2) 504389 GREY RD 1
 (Sold Price:  $432,500.00) with a walk in the jacuzzi tub, ready for  good rental income....


Lots:

1)    13 QUEEN'S BUSH ROAD (Sold Price:  $229,000.00)  Roll# 421051000402813


 29 
 Tax Sale Forum / General / Treasurer refused to release public info
 on: February 07, 2020, 08:25:54 AM 
Started by bee - Last post by bee
Hi All, what is the organization name(s) to file complain about Treasurer refused to tell amount deposit on the highest bidder? Is it public info or private for municipality only?

 30 
 Tax Sale Forum / General / If this goes to tax sale looks like a sh**y deal
 on: February 06, 2020, 06:41:37 AM 
Started by Dave2 - Last post by Dave2
https://ottawacitizen.com/news/local-news/squatters-rights-epic-legal-battle-over-disputed-renfrew-county-outhouse-concludes

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