Ontario Tax Sale Property
Providing free tax sale property listings for Ontario, Canada
Tax Sale Guide Home
Cost Of Title Search
Chapter: LIENS
realtor
How much does it normally cost to do a title search at the Land Registry Office?
they're $29.20 through TorontoMLS.
Why the Need for a Tax Sale
jade
why wouldn't the owner just sell it, pay the arrears, and buy a cheaper property with the rest of the proceeds from the sale, rather than losing it all
Frank
That same question is present with all tax sale properties. However;
Is the property really worth half a million? Don't rely totally on assessment to determine its correct value. What is it's condition? Is it contaminated? Has half of the property disappeared into the ocean? Are there new native land claims against it? Does the owner owe more against it in mortgages and other liens thant what it is really worth? Is it the subject of a joint ownership (usually read family) dispute? Is the owner still alive?
You'll never know what the situation is unless you dig deeper into its history.