Ontario Tax Sale Property
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Tax Sale Guide Home
Evictions
Chapter: BIDDING
What is the actual procedure for eviction once you've officially taken ownership of the property? Can you just show up with local law enforcement and have them thrown out on the spot like they do in Michigan? Or do you have to get them some court order with notice?
Gmangg
I am a newbie and I am looking at a possible tax sale coming up. Now I have done a few driveby's of this property and the owners of the property are still living there. Now if I were to win this property, I would probably have to evict this family. This is probably the worst thing about tax sales as you take a huge risk that this family could destroy the inside of the home and cause future problems.
Has anyone had to evict someone? Any tips or suggestions?
Frank
Always remember that you are dealing with the low end of the gene pool in these cases. These are folks who let their property run down and didn't pay the taxes - do you really think you will be successful in getting any restitution from them afterwards.
Keep in mind when you are bidding on such properties that these are some of the pitfalls you might encounter. Don't assume that because the assessed value of a property is $200,000 that is what it is worth. The Assessment system does not take into account the physical state of a property, it simply takes the dimensions and type of construction then compares that to what similar structures might have fetched in the area. The ones that sold on the open market were likely in pristine condition as their concientious owners wanted to attract the highest and best value they could. On the other hand the owners of the tax sale properties generally don't care what the assessed value is since they have no intention of paying and therefore they don't usually take the time and effort required to appeal their assessment and get it down to a more reasonable figure which reflects the condition of their asset.