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General / Re: London Tax Sale Results
« on: November 20, 2009, 05:55:47 PM »
Thanks, I am assuming the prices for the two residences were respectiviely. So I would have definitely been low in my bids. Good to know.
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General / Re: London Tax Sale Results
« on: November 18, 2009, 10:59:36 PM »
The two I looked at were 109 Deleware and 231 St.Julien, both are residneces. similar house to Delware currently asking 129,000 and the one next door to 231 St Julien is for sale asking 125, 600. Both are in better shape then the tax sale properties not surprisingly. For Delware I would have bid 55, 631.39. 30,000 over based on the assumption that would be substantial repairs required. St.Julien does not have a driveway and looks much worse than its neighbour. people in the area say there have been constant trespassers so I expect the copper to be missing. I would have only bid 15,000. It is about 100yrs old I don't know what the wiring in it was so for a market value of about 110,000 that would leave me with enough space to do major work and still turn a profit.
267 Adelaide sort of surprises me. I am local and this area has some long established businesses and few that come and go. I don't think I would have touched it based on my unfamiliarity with everything still. but it could be a decent commercial building with some work.
267 Adelaide sort of surprises me. I am local and this area has some long established businesses and few that come and go. I don't think I would have touched it based on my unfamiliarity with everything still. but it could be a decent commercial building with some work.
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General / London Tax Sale Results
« on: November 18, 2009, 02:00:37 AM »
Just Wondering if anynoe has the London Tax Sale results? I undertand if people don't want to mention prices etc publicly, you can send a private message. I am new to this used two properties in the London tax sale as 'practice'.
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