Messages

1

Property Information / Re: Does anyone know how the Central Frontenac bidding went?

« on: October 13, 2006, 07:51:51 PM »

see link below for results...

http://www.centralfrontenac.com/yc/township/departments/taxation/tax-sale-results

2

Questions and Answers / Re: Obtaining Mortgage to purchase Tax Sale Property

« on: September 19, 2006, 03:35:48 PM »

thanks Frank.

just curious as to why a mortgage is not possible? has anyone tried or do banks usually have a rule/policy against it?



thanks.

3

Questions and Answers / Obtaining Mortgage to purchase Tax Sale Property

« on: September 19, 2006, 02:40:09 PM »

Hi everyone, first post here... this forum is a great resource.


A question about obtaining a mortgage to purchase a tax sale property, assuming you are the successful bidder and provided the 20% deposit;

- Is it possible to obtain a mortgage from a bank/lender to purchase a tax sale property (i.e. mortgage for the remaining 80% of your bid)? Not sure if banks might stay away from these.

- If so, any tips on getting the mortgage completed in the 2 week time period?

thanks.