Messages

1

Questions and Answers / Process for former owners to get surplus from the public trustee

« on: February 18, 2006, 06:49:08 PM »

Hi All
      My understanding is that the municipality sends the surplus funds from a tax sale to the courts public trustee and the former owner has 1 year to apply for them.  Does anyone know how a former owner would go about getting in touch with the public trustee to get the surplus?

Thanks for your replies
Lots to learn
David

2

Member Experiences / Re: Greater Madawaska

« on: February 18, 2006, 06:38:15 PM »

Hi All
I looked at two greater Madawaska properties.  I bid ( unsucessfully) on the 19 acres on the Lake ; Frank you are correct there is no road however the water accessibility off the municipal trail was acceptable for me.  The view at the south end of the Lake is stunning!  According to the town clerk It went for around $20,000 and had 34 bidders; the 100 acre property had 30 bidders and went for around $55,000.  The Lake property may have been artifically high due to the fact that the lot 2 to the north is for sale listing at around $29,000 I talked to the real estate agent and He said he was getting calls every day on it; something tells me his calls have dropped off now.  I talked to one local who also looked at the 100 acre property and he expressed his consternation at the amount of traffic looking at the property's and I quote " It's like a ______ zoo around here!" and judging by the amount of tracks in the snow He was not far off.
It certainly is an adventure.

Cheers
David

3

Questions and Answers / Can the owner redeem property once it's in arrears?

« on: January 27, 2006, 10:51:59 AM »

Hi All
       Rob love the site.  Question: Once a municipality has went through the process; but the auction has'nt closed; can the owner pay the taxes and redeem the property?  Is this common?  Thank you to all who may reply.                                    

d