Ontario Tax Sale Property Forum

Tax Sale Forum => Property Information => Topic started by: Adam on March 16, 2017, 02:37:37 AM

Title: 81 Dorothy St welland Sold?
Post by: Adam on March 16, 2017, 02:37:37 AM

I just visited the lot 81 Dorothy St, Welland for the Welland tax sale.  There was a nice sold sign posted on the property. The tax sale hasn't been cancelled as far as I can tell.  Does anyone have experience with a property being sold right before a sale.  Can the tax sale still proceed? or does it mean that the sale will 100% be cancelled before the sale date?

Title: Re: 81 Dorothy St welland Sold?
Post by: peach17 on March 16, 2017, 03:06:11 PM

I believe the tax sale can proceed, unless it is redeemed
If the realtor sale has a closing after the tax sale closing date, they would not be able to close the sale.
I would think that the realtor would also be aware of the tax sale and plan accordingly.

There is a high probability that the property will be redeemed if there is a realtor sale.
But not 100%

Title: Re: 81 Dorothy St welland Sold?
Post by: Adam on March 16, 2017, 11:02:40 PM

That makes sense,  that was my thought as well. Not worth the title search money.

Title: Re: 81 Dorothy St welland Sold?
Post by: Adam on March 22, 2017, 02:19:43 AM

I see that it has ben cancelled now.  ;)