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Introduce Yourself / Just arrived
« on: March 08, 2009, 11:30:29 PM »
I found this forum while trying to help my parents purchase a second home. My dad has unrealistic expectations
of what he can get for the price he wants and my mom just wants a pretty, comfortable home to settle down
in for her retirement. I think a tax sale property might be the way to go but I need to find out more. So I'll be
snooping around
One question I do have is if a house is listed is it being sold in an auction setting?
example: Roll No. 19 54 000 889 03000 0000, 345 Christopher St, PIN 03429-
0133(LT), Pt Lot 67 E/S Christopher St & W/S Hill St, Plan 149, East
Gwillimbury as in R533998; East Gwillimbury. File 07-11.
Minimum Tender Amount: $ 9,275.84
Is there a way to find out more information? $ 9,275.84 is the outstanding tax so
do potential buyers make a bid of $ 9,275.84 or above $ 9,275.84 and the highest
bidder wins? Is it like a silent auction (I think where you make bids and don't know
what others are bidding)? Or can you see what the highest bid is and change your
bid?
Linda
of what he can get for the price he wants and my mom just wants a pretty, comfortable home to settle down
in for her retirement. I think a tax sale property might be the way to go but I need to find out more. So I'll be
snooping around
One question I do have is if a house is listed is it being sold in an auction setting?
example: Roll No. 19 54 000 889 03000 0000, 345 Christopher St, PIN 03429-
0133(LT), Pt Lot 67 E/S Christopher St & W/S Hill St, Plan 149, East
Gwillimbury as in R533998; East Gwillimbury. File 07-11.
Minimum Tender Amount: $ 9,275.84
Is there a way to find out more information? $ 9,275.84 is the outstanding tax so
do potential buyers make a bid of $ 9,275.84 or above $ 9,275.84 and the highest
bidder wins? Is it like a silent auction (I think where you make bids and don't know
what others are bidding)? Or can you see what the highest bid is and change your
bid?
Linda