Ontario Tax Sale Property Forum

Tax Sale Forum => General => Topic started by: ErnestBidder on September 11, 2014, 03:40:56 PM

Title: Has anyone spotted the possible little gem?
Post by: ErnestBidder on September 11, 2014, 03:40:56 PM
  Has anyone spotted the possible little gem that might be available in the last few tax sale postings? One would have to do their homework, but it very well may be worthwhile!
Title: Re: Has anyone spotted the possible little gem?
Post by: NDR on September 16, 2014, 02:45:50 PM
That depends -- is it cancelled now?  I was praying that it wouldn't be, but alas just a couple days before the sale...
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on September 18, 2014, 12:54:30 AM
  It is not cancelled, as far as I know, and the sale is still more than a few days away. Happy hunting!
Title: Re: Has anyone spotted the possible little gem?
Post by: nihama on September 22, 2014, 11:34:15 AM
Any one look at North Kawartha????
Title: Re: Has anyone spotted the possible little gem?
Post by: Dave2 on September 22, 2014, 05:18:04 PM
 It is not cancelled, as far as I know, and the sale is still more than a few days away. Happy hunting!

Ernest Bidder:

I understand the best place to find "your little or (even big) gems"
is about 5 miles south of your home in an Irish Pub.  I understand they are best found in a (after a ???) glasse(s) of Guiness or similar potion.  Are you game?

Dave
Title: Re: Has anyone spotted the possible little gem?
Post by: nihama on September 22, 2014, 06:02:04 PM
i get it!!!
Title: Re: Has anyone spotted the possible little gem?
Post by: Frank on September 22, 2014, 08:45:00 PM
Sorry, but I often miss Dave's point....especially after he has downed a couple of canned breakfasts.  8)
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on September 23, 2014, 04:29:22 AM
  Dave2 is trying to convert me to the Irish persuasion. There might be a little hidden gem in the recent listings, and I will confirm the first correct answer. I will leave it to Dave2 to buy the beer.
Title: Re: Has anyone spotted the possible little gem?
Post by: Dave2 on September 24, 2014, 02:20:48 PM
  Dave2 is trying to convert me to the Irish persuasion. There might be a little hidden gem in the recent listings, and I will confirm the first correct answer. I will leave it to Dave2 to buy the beer.

Frank:

To help your understanding how about joining us in Colborne.  I will leave it up to Ernest Bidder to set a date via PM. 

Dave
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on September 25, 2014, 03:10:20 AM
  Sorry guys, but am just a week or two from putting a hole in the ground for our retirement home, and I'm 5 years late, so have to keep nose to grindstone. This one has been nothing but trials & tribulations, but I just HAD to do it differently. I'll invite you over next spring, after we move in, and I'll buy the Ex.

  Happy hunting.


Title: Re: Has anyone spotted the possible little gem?
Post by: Frank on September 25, 2014, 11:46:15 PM
  Sorry guys, but am just a week or two from putting a hole in the ground for our retirement home, and I'm 5 years late, so have to keep nose to grindstone. This one has been nothing but trials & tribulations, but I just HAD to do it differently. I'll invite you over next spring, after we move in, and I'll buy the Ex.

  Happy hunting.




Been there, done that.  Doing it again next year.  Every time I build I get about 80% done and the wife says if she had it to do over again she woulda done it differently, so I keep giving her another shot at it.  Gotta keep going, if I sit still I might start looking like Dave.  My wife says she is tired of living in sawdust, but I think she secretly likes it.  8)
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on September 27, 2014, 12:55:34 AM
  Frank:

  No insult intended, but when I read "My wife says she is tired of living in sawdust", I had an instant vision of Chester, Marshall Dillon, and Miss Kitty, and I have no idea who is playing whom!

  My best to all.
Title: Re: Has anyone spotted the possible little gem - Elora?🐊
Post by: g2020 on September 28, 2014, 12:18:04 AM
All of the properties, including the gem of a property in Elora were paid off yesterday afternoon just before the sale. Why bother? 🐊
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on October 06, 2014, 12:59:04 AM
  Well, G2020 got the correct location, but no one has let the cat out of the bag as to why it was a possible gem. C'mon, guy 'n gals, why was it? I'm dying on the vine, with nothing to read for weeks now. I may not be able to get my feet wet again, in your poo, for quite a while, but I'm still interested in following your tribulations and your joys.
Title: Re: Has anyone spotted the possible little gem?
Post by: Frank on October 06, 2014, 01:29:25 PM
Please tell me why no one would want to own their own Hydro generating station?  8)
Title: Re: Has anyone spotted the possible little gem?
Post by: ErnestBidder on October 06, 2014, 03:07:15 PM
  Well, first off, you have to deal with Hydro One. I owe you a beer of your choice, so pm me when you're going to be anywhere near Dave2's favourite Irish pub, and I will buy at least one. (I'm as short of funds as Dave2 claims to be). I've recently been told that a lot of generating capacity has been taken up by installers who've obtained contracts, and are now running around madly trying to find/fund rooftops, etc. Can anyone comment on the veracity of this tale?

  Cheers to all.
Title: Re: Has anyone spotted the possible little gem?🐊
Post by: g2020 on October 08, 2014, 01:49:09 AM
The term normally used is "run of the river" generation and a number of major corporations in BC are looking for these gems. However, when you looked at the reference plan you would have noticed that you got deeded access to the river at the waterfall, and also deeded access to the peaceful area of the river upstream of the waterfall. I understand that the local canoe club used to be allowed to use this access making it a gem for a second reason. The third thing that made it a gem was the stone mill itself which had about 3,500 square feet renovated for a high end residence perched out with spectacular views of the waterfall and Elora Gorge. Alas, gem or no gem it got paid off just before the sale. Finding gems that get redeemed seems to be trumped by the Dave2 strategy of searching for Trent Hills junk that no one would want to redeem - at least he is making a bit of money and the rest of us are just getting frustrated when all the good stuff gets redeemed.🐊
Title: Re: Has anyone spotted the possible little gem?
Post by: g2020 on October 12, 2014, 08:48:14 PM
For every gem there seems to be an equal and opposite dud. This weeks dud was a condo in Welland. It had CRA liens in excess of the value of the property and the successful bidder failed to pay for a title search - he found out about the liens at the opening and tried to withdraw his tender, but they ruled that he was too late. Sad but true. 🐊
Title: Re: Has anyone spotted the possible little gem?
Post by: Frank on October 12, 2014, 10:02:53 PM
For every gem there seems to be an equal and opposite dud. This weeks dud was a condo in Welland. It had CRA liens in excess of the value of the property and the successful bidder failed to pay for a title search - he found out about the liens at the opening and tried to withdraw his tender, but they ruled that he was too late. Sad but true. 🐊

So sad.  I've seen it happen more than once....fail to close and lose your 20% deposit, close and lose your shirt.  Do your homework!  8)
Title: Re: for short of funds board members
Post by: Dave2 on October 13, 2014, 01:50:55 PM
 Well, first off, you have to deal with Hydro One. I owe you a beer of your choice, so pm me when you're going to be anywhere near Dave2's favourite Irish pub, and I will buy at least one. (I'm as short of funds as Dave2 claims to be).

Ernest Bidder:

For yourself and other short of funds board members here are 5 Dave 2 games that are free.  Specially created for a rainy day.  

http://www.muchgames.com/search-games/dave-2

For those that are mad at me you can always play the one with the baseball bat.   ;D   Personally I like the one where I try to escape from my castle.  Here's another one I play when I steal the next tax sale from this guy.    8)

http://takegame.com/arcade/htm/dangerousdave.htm

Of course as Frank is the ultimate tax sale player his hero must be James Bond.  Couch potatoes can watch  my alter ego try to take him down in James Bond 24

http://www.moviefanatic.com/2014/10/james-bond-24-dave-bautista-is-a-bond-villain/#!

Title: Re: Has anyone spotted the possible little gem?
Post by: Jayz on October 16, 2014, 03:28:09 PM
Did Dave2 just miss a gem overlooking his another gem in Thessalon?
Title: Re: Has anyone spotted the possible little gem?🐊
Post by: g2020 on October 16, 2014, 07:07:51 PM
I don't think so! Dave2 was the high bidder, so we can wish him well and hope that it is not redeemed before the deed is issued.🐊