Ontario Tax Sale Property Forum

Sheriff Sales / Foreclosures => General Discussion => Topic started by: dgrumm on December 03, 2010, 11:17:25 PM

Title: Georgian Bay 09-22 property (Isl)
Post by: dgrumm on December 03, 2010, 11:17:25 PM
Anyone have any info on this property other than what is in the municiple package?  Just wondering if it is worth the hassle of making my way up there to look, and paying the $100 for the title search.  Thanks
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: pjdd on December 04, 2010, 12:53:30 AM
I would wait probably to the last day. This one will get redeemed for sure, save your hundred bucks. 8)
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: worldjohn on December 04, 2010, 01:33:01 AM
Yeah even the treasurer hinted I shouldnt waste my time.  She said the owners  have been in contact with her and are trying to come up with the money.
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: dgrumm on December 04, 2010, 08:57:44 AM
Good information, thank you. Has anyone seen the building? If it still exists? Pictures are a fee years old. Looks like it is legally nonconforming according to zoning.
Thanks again. 
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Dave2 on December 05, 2010, 07:57:03 PM
Yeah even the treasurer hinted I shouldnt waste my time.  She said the owners  have been in contact with her and are trying to come up with the money.

Or one of the locals wants to scoop it.  If you want a good piece of property you have to work at it.  I have seen a few that were supposed to / going to redeem and surprise surprise they didn't.  Even got a couple myself.  

IF you are going to get the good ones you have to work at it.  Yes my batting average is low on these but you might get some interesting properties if you stick at it.
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: 26.2 on December 06, 2010, 12:28:31 AM
Quote
I have seen a few that were supposed to / going to redeem and surprise surprise they didn't.  E
I think you are right on this one.  I couldn't decide on whether to post or not.  Sometimes I think these posts just drive the prices higher.
This one reminds me of Rideau Lakes 2 years ago. The town said they would redeem...they didn't.
Title: Re: Georgian Bay Far Far away Island
Post by: Les Pisrael on December 06, 2010, 01:45:45 AM
 ;D
 I Checked out the island property-- access for nearest mainland roads---Hundreds of miles away. You just can't park your car and unload your dingy and paddle to it. Hours and hours  of major BIG boat ride.
Think I,m bullsh!tting you--check it out--and it's all ROCK land
Good luck :^(
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: dgrumm on December 06, 2010, 02:31:48 AM
Thanks for the advice! Hundreds you say? :o
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: baller50 on December 06, 2010, 02:41:45 AM
Why do people keep posting think everyone is dumb? U think your scaring people away ? Your not
Title: Re: Georgian Bay Far Far away Island
Post by: netpred on December 06, 2010, 03:05:38 AM
;D
 I Checked out the island property-- access for nearest mainland roads---Hundreds of miles away. You just can't park your car and unload your dingy and paddle to it. Hours and hours  of major BIG boat ride.
Think I,m bullsh!tting you--check it out--and it's all ROCK land
Good luck :^(

This property may or may not redeem  but please do not take members of this board as complete idiots - we are not. Please go away and do not come back.

Good luck to all of you on this one - I know that a few regulars are out on this one so if the property remains in play, go for it. My guess is that 60-70k will easily take it and that would be a steal. Expect 15 - 20 bids.
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Frank on December 06, 2010, 06:41:24 AM
;D
 I Checked out the island property-- access for nearest mainland roads---Hundreds of miles away. You just can't park your car and unload your dingy and paddle to it. Hours and hours  of major BIG boat ride.
Think I,m bullsh!tting you--check it out--and it's all ROCK land
Good luck :^(

Interesting...looks to me to be max of about 10 miles from either Honey Harbour or Penatanguishene...might be dockage closer, but that would take a bit of investigating.  Likely to be redeemed anways....but please don't waste our time with your silliness.   8)   at 50 knots I would be there in about 15 minutes.  PFM could make the trip in 2.
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: worldjohn on December 06, 2010, 04:41:40 PM
As predicted, redeemed this morning.
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Jayz on December 06, 2010, 04:56:25 PM
Just out of curiosity, how could OTS possibly have real pictures from 2005?
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Frank on December 06, 2010, 06:35:29 PM
Just out of curiosity, how could OTS possibly have real pictures from 2005?

Those pics would have been supplied by the Municipality.  Some municipalities use OTS to distribute their packages....that is the case when they are available on-line from OTS.  8)
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Jayz on December 07, 2010, 02:54:59 AM
Just out of curiosity, how could OTS possibly have real pictures from 2005?

Those pics would have been supplied by the Municipality.  Some municipalities use OTS to distribute their packages....that is the case when they are available on-line from OTS.  8)

Guess municipalities are prepared to tax-sell each every private property some time down the road.  :o
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Dave2 on December 07, 2010, 05:56:05 AM
As predicted, redeemed this morning.

Gee:  Way too early if they want to increase local tourist trade.  If they waited until last minute (for effect just as bids are being opened) they could have had all sorts of visitors.  Might of even had a bunch of overnight stay traffic with all the lake effect snow.   ;D

They have to get it down to a science like Trent Hills does.  At least one property to die for along with all of the usual checkerboard garbage.  Like a rock concert that uses warmup bands before the main act.  Redeem it at last second for effect.  In that case 15 -20 bids way too low.  I mean with a little promotion why not go for a 100.  

 On a serious note that's the way it is.  You have to wait until the last minute with these and then hastle your buns and hope it is not for vain.  You do get surprised though.  I remember one in Brighton for an occupied dwelling with a big mortgage a couple of years ago.  The thing that surprised me was the mortgage company did not step up the plate and as a result lost their mortgage rights.  I put in a half hearted bid which of course lostbut still have not learned to be tough enough to evict little old ladies .

Back to islands for a second.  As I have 2 properties (and a bunch more) I will have to get rid of at least one.   Next summer when reconstruction of the bonus cottage I got is done on one I get serious and turn it over to the professionals.  Some one can always PM me and see if I am in a Santa or Grinch mood in interim but doen't expect that I will selling it at firesale prices. 
Title: Re: Georgian Bay 09-22 property (Isl)
Post by: Frank on December 07, 2010, 01:53:55 PM
It's quite likely the municipality did a planning/building department check of all properties, probably sending out a crew of students to take pictures of each, then check their data bases to see if there has been anything built without a permit, and double check against MPAC to make sure that everything is assessed...they have to do this since MPAC doesn't do this type of field work anymore...case in point, in 2000 they found an entire subdivision that had been there for five years and not assessed - somebody was asleep.  Likely they will keep this info. on file and do another check in 10 years.  Most municipalities do this with arial photos nowadays...MNR uses arials to check for any shoreline changes...illegal docks, etc.. 

Just out of curiosity, how could OTS possibly have real pictures from 2005?

Those pics would have been supplied by the Municipality.  Some municipalities use OTS to distribute their packages....that is the case when they are available on-line from OTS.  8)

Guess municipalities are prepared to tax-sell each every private property some time down the road.  :o