Tax Sale Forum > Member Experiences
Tax sale has no fun no bargain anymore!
Jayz:
Lambton Shores - so far the highest is 10 times of the minimum / the lowest tender - $783k! :o
Jayz:
$783k
$611k
.
.
.
$76k
unofficial
QueenAwesomesauce:
I went there and the place is a tear down full of mold. It's unknown why they paid so much for that when there is a larger property for sale with operating business and income up the street (Not far) for $799,000 and it's been for sale for a while.
Having said that, it's an attractive site, with a lot of building going on and gorgeous beach. Obviously seasonal.
At that price, they can have it, with my blessings just like the vacant land that went for $810,000 a few weeks ago.
daftdaft1996:
--- Quote from: davidson02 on February 25, 2022, 10:47:50 PM ---It's interesting why they paid so much for that property. drywall companydrywall contractors jewelry stores Austin Vehicle Maintenance in Garland Texas home awnings in Olivet New Jersey
pos system Phoenixcar detail Leander Leander Handyman mobile al foundation repairfort worth texas drywall patching drywall repair companies near me fort worth tx best spray foam insulation in lafayette website design reno nv Basement Repair Contractorresidential drywall contractor foundation repair company San Antonio Texaslocal internet marketing in dallas texascrawl space repair media pennsylvania go here
--- End quote ---
I think it's because of the location of the property. If the place is accessible to all, that might be the reason.drywall servicescontact us
Dave2:
--- Quote from: daftdaft1996 on May 14, 2022, 08:17:51 AM ---
--- Quote from: davidson02 on February 25, 2022, 10:47:50 PM ---It's interesting why they paid so much for that property.
pos system Phoenix
--- End quote ---
I think it's because of the location of the property. If the place is accessible to all, that might be the reason.
--- End quote ---
The market is the market. You just have to accept and adjust to it. Hopefully you are in a position to adjust to it
In markets like this an old stock market saying applies. 'SELL (not buy) in May and go away.'
Now is the time to clean up and sell your mistakes especially in markets like this where you have to often do it yourself
because the real estate community gets lazy and is not interested in low commission, difficult to sell properties.
Those who say they don't have any, are not being honest.
Mistakes take time and a lot of effort to sell. Like the one property I sold with 55,000 hits and 1,000 responses including
the drunk ones who called me at 2.00 am in the morning.
In this business you will get surprises both good and bad. Those who say they understand perfectly how a conservation authority
will rule are dreaming. If you say you don't have any you are not bidding it right because you are not taking any risks.
To minimize the bad ones takes takes a lot of time and costs money.
Of course if you do it right sometimes you get another type of surprise. Like this tax sale for a property whose had a
former owner from Germany. https://www.vladi-private-islands.de/en/. The most exotic private island seller in the world
and I can prove it. He doesn't touch anything unless it is first class.
We also miss opportunity. I still wonder if I should have bid the jewelry mine tax sale of a few years ago that got no bids.
In general with tax sales the the odds of bad news are much higher then good news. That is why a good purchase
price is so important. As someone accurately said with tax sales you have to remember
" There is a problem with the property or the owner". Bidding close to market price is usually only
justifiable if if you own an adjacent property.
Navigation
[0] Message Index
[#] Next page
Go to full version