Ontario Tax Sale Property Forum

Tax Sale Forum => Property Information => Topic started by: netpred on September 07, 2010, 06:01:25 PM

Title: North Kawartha
Post by: netpred on September 07, 2010, 06:01:25 PM

Property one abuts a swamp but has dry land - have lovely pics. Property two has a lien in favour of the Attorney-General.

Title: Re: North Kawartha
Post by: nihama on September 07, 2010, 11:36:55 PM

I bid on the property, while i wait for the title and execution search.
753 northeys bay road!

Do you know how much is owed?

Title: Re: North Kawartha
Post by: nihama on September 08, 2010, 12:27:58 AM

Well, its my first time bidding.  I did do a search it just hasnt come in yet!  I do have time to cancel if it comes back too high.  I am just learning, what does easements against the property mean.  Also there is exprop listed what is that?

Thanks for your help
m

Title: Re: North Kawartha
Post by: nihama on September 08, 2010, 01:31:46 AM

Well, thank-you for sharing all this information with me.  I will be asking you a lot of questions in the properties to come.  I am really interested in learning as well as winning properties.  Any advice you can give me i appreciate.
I will be faxing the township to cancel this bid tomorrow.
As an answer to your question, "yes"  i did go see the property.  I did see the mess, the car, the swings, the tree house,etc.  But i really like that lake.



Thanks again
Marianne

Title: Re: North Kawartha
Post by: Asindero on September 08, 2010, 09:44:15 PM

Well, today is bid opening. How much did it go?

Title: Re: North Kawartha
Post by: Larry on September 09, 2010, 01:28:23 AM

Actually, it is tomorrow

Title: Re: North Kawartha
Post by: cityhunter on September 09, 2010, 07:06:42 PM

They both have problems, I woulnt touch either.

Title: Re: North Kawartha
Post by: Larry on September 10, 2010, 02:12:15 PM

Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.

Title: Re: North Kawartha
Post by: netpred on September 10, 2010, 02:50:42 PM

Quote from: Larry on September 10, 2010, 02:12:15 PM

Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.

Of the two lots, I was considering a bid on this one since it didn't have any title or lien issues. 12k is a decent buy on this one, although I would have bid around 10k.

Out of curiousity, what happened with the second property?

Title: Re: North Kawartha
Post by: cityhunter on September 10, 2010, 05:21:13 PM

Quote from: netpred on September 10, 2010, 02:50:42 PM

Quote from: Larry on September 10, 2010, 02:12:15 PM

Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.

Of the two lots, I was considering a bid on this one since it didn't have any title or lien issues. 12k is a decent buy on this one, although I would have bid around 10k.

Out of curiousity, what happened with the second property?

30k for the 2nd one...people weren't afraid of bidding on a property with Legal issues that THEY will face down the road. Good luck t o them

On a side note:
Do the 2ns place bidders ever get lucky ? From my experience in the past the winner always pays up in full.