Messages

1

General / Re: County Lambton 205 ACRES

« on: April 24, 2023, 12:05:30 PM »

Thats under 10K an acre  for farmland in southern  ontario.   Bothwell will easily yield over 200 bushels corn  /55 soy   plus  per acre.   I am sure the farmer /investor who bought it is extremely extremely happy with the price  as that is likely half price or better

2

Questions and Answers / Re: Execution Search Results

« on: June 22, 2022, 10:23:53 PM »

sorry about slow response...the generic answer is no...but since you had to ask you should pay ontariotaxsales or tri-target in the future. 

3

General / Brock result

« on: June 05, 2022, 03:34:15 PM »

The win was 800k ....which decimated me by more than double.... does anybody know the top five or 10 Bids?

Yet again my Massey has no home..

4

General / Re: Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs

« on: March 06, 2022, 02:56:42 AM »

Didn't follow the 99 ac in Elizabethtown. Checked OTS results after. I believe there was one time OTS showed it was sold for the minimum (so was the 72 ac. glitch?) ... gee, Dave2 must have been on vacation.  
So I tendered a little over the minimum for the 96 ac in Georgian.   That was obviously opportunistic.  There were many tenders with the highest over 600k. Many in the 500k, 400k, 300k ranges. Not sure if it's worth it. There was a 100 ac +- a little further northwest in BP recently listed and sold for 500k +-.

I was just under 300 on that piece. I  didn't  think worth 500 or 600 but  i'm not from the area a local who wants to build a house there would be worth more

5

General / Dangers of the game Elizabethtown Kitley / Georgian Bluffs

« on: March 04, 2022, 03:02:01 AM »

There was two large pieces of land that sold in Elizabethtown

Mckay rd was 99 acres near a swamp , a railway with an gutted house. Maybe 250K to 300 value

The winner was on zoom and excited at a 189K.  Problem was a crown lien for income tax from 2008 for 232K  .Add interest and there is 600 K surprise.  The winner was on the zoom and said he had no clue...Ouch . Said he had lawyer do search and said not to worry...oops.. not sure if he walked or not. Have to check geo in a few months.

I always use OTA even though I have Geowarehouse.  Just remember to get a search thru Tri-target or OTA. His lawyer probably charged him more and screwed it up.  Good luck with the Lawpro claim.

There was also 74 acre former quarry,  Good piece as there is at least 5 lots and extra 60 acres. Winner paid 350 and did not know about environmental issues looking at 100 to 150 cleanup HOWEVER even after cleanup there is nice profit to be had .

In Georgian today 99 acres went for 470 I think , I didnt catch it all.
House burned down and 30% EP , Nice piece with a pond...and city sewage lagoons  just north. Not to worry as prevailing winds come from the west and apparently lagoons dont stink..Didn't stop me from bidding..

That said as the house was burned down and had a leaky oil tank there is some extra costs  This is  also conservation authority so clean up must be squeaky
 Just something to watch for as Im sure that could be 50 K

Side note. Elizabethtown did a zoom and was professional as hell. Inspected envelopes , tossed a pile for wrong name  and clearly read out quotes and deposits.  Well done

Cool part of the zoom was all the chat going on the whole time

6

Questions and Answers / Re: Can the owner sell?

« on: October 15, 2021, 11:25:53 PM »

If you look at his history no one would touch him.He was a real piece of work.  He had repeatedly sued school boards , the city and even scammed  a mens support group  If you lent him a dollar he would have sued you instead of paying you back....


https://avoiceformen.com/featured/attila-vinczer-leaves-the-mens-movement-atop-a-dumpster-float-in-a-parade-of-shame/


600k seemed like a deal but I didn't go check it out as I was busy renoing a rental home.

7

General / Re: Chatsworth cancelled....Damn

« on: October 15, 2021, 08:14:41 PM »

Did anyone record the bids on these two pieces?

8

Questions and Answers / Re: Can the owner sell?

« on: October 15, 2021, 08:13:21 PM »

Yes but must be done prior to sale . That said the city would morally have to cancel the taxsale if the seller had his lawyer give an undertaking to pay from proceeds.

The treasurers have to give the taxpayer a lot of leeway. Most taxsales that don't redeem are dead people or "dead companies". If there is value in the home the owner can get credit to bail out the debt.

9

General / Re: Chatsworth cancelled....Damn

« on: October 14, 2021, 07:48:30 PM »

The two lots were severed in the early nineties and too low to build as far as I figured. Low land with EP. Wide setback due to being on 25 side road.  Don't see a building permit in anyones future.
They really only have value to the adjacent owners.  

Update..


Apparently they went for 123k each. WTF ??  

10

General / Re: Chatsworth cancelled....Damn

« on: October 14, 2021, 12:15:03 AM »

I had a clown bragging about  losing 150 acres in Niagara.  Lost an OMB and then lost the land to taxes and still tried to peacock.  Anyone from Niagara would know Carlo M.

He brags about  coming up with Testamentary lots scheme while serving time for fraud ( Astra Trust).  Jackass also decided to teach the city a lesson and lowered the lots to 175 despite the frontage being 200 for decades.    Had he not tried to scam  with the smaller frontage the city would have let him get away with the scam lot creation.

Loses the OMB  and the lots are still rotting empty after 20 plus years. Was never his money that was lost.

Bizarrely enough he tried to convince me to partner with him. I just had to give him land and money and he would get approval.  He somehow hoped I had not read newspapers or zoning policies for the last 30 odd years.

11

General / Chatsworth cancelled....Damn

« on: October 12, 2021, 07:19:13 PM »

Chatsworth cancelled....Damn

I had a new Massey all picked out.....


I could never understand why the people wait to the last minute....they think they are being cute as they are the victim and we are the evil ones ....

I would die of shame and pay it off immediately if it ever happened to me. Instead the entire town knows he is a roach.

12

General / Re: Are tax sales final?

« on: October 04, 2021, 06:05:25 PM »

Frank was the lower bidder who won at the end of the day.

13

General / Re: Are tax sales final?

« on: October 01, 2021, 08:38:10 PM »

Here are the provincial regulations.  

https://www.ontario.ca/laws/regulation/030181

You can also dig up a few cases on Canlii

Perry Township Tax Sale No. 92-1 (Re), 1993 CanLII 8472 (ON SC)

and of course the famous one penny  case with Frank  who is likely the most knowledgeable person on this site..

https://www.canlii.org/en/on/onsc/doc/2004/2004canlii15530/2004canlii15530.html

14

General / Re: Looking for user . M Lee

« on: June 25, 2021, 07:19:01 PM »

Same person who   purchased Lot 27  on montrose a decade ago?

15

Announcements / Re: Quinte West Dwellings -Make sure you make a careful visit RESULTS

« on: May 07, 2021, 04:50:53 PM »

The Byron st tree house redeemed .       The duplex on Louis went for 240K  75 bids   6 over 200K   

They have posted the full list .

https://www.quintewest.ca/en/your-city-hall/resources/Finance/FN-21-02-Tax-Sale---Louis-St---Tender-Results-Unchecked-Unconfirmed.pdf