Messages

1

Questions and Answers / Re: Scugog

« on: March 14, 2007, 10:32:08 PM »

Results of the tenders on the waterfront lot:  Highest bid: 182,429; 2nd highest: 152,000.  Number of bids: 29!

I guess people weren't scared off by the threats of litigation.  Interestingly, I understand that both the highest and second highest bids were from locals.  One of the real estate agents I spoke to on Monday was there and submitted the second highest bid.  She suggested that the FMV on the property was closer to 250,000.  Fascinating process.  I'm glad I bid even though I wasn't even close.

Another interesting aside.  I spoke with a couple of guys who were there to bid on the 143 acre property.  It was withdrawn about an hour before the auction so they didn't get a chance to submit their bid but apparently the 700k+ crown lien and the Greenbelt restrictions didn't scare them off (because they were "farmers" from "Pickering" and only intended to use the land for agricultural purposes).  Comments?

2

Questions and Answers / Re: Scugog

« on: March 12, 2007, 10:37:18 PM »

So I went to Port Perry today and had a look at the 90x90 waterfront lot.  I spoke with a few neighbours and real estate agents and it appears that everyone knows about the sale.  Some of the neighbours across the street have hired a lawyer to try to block the sale.  Apparently, they will try to argue that the town does not have the authority to conduct the tax sale because of the prior use by the other residents of the space as a park and to access the lake.  I didn't really undertand the real estate agent's story but apparently the neighbours will argue that their prior use existed prior to the adoption of the land titles act and that they hold their interest under the surveyors act (sic?).  Something about the transfer from one act to the other not being effective for any prior use claims.

Bottom line is that it appears even if you get the lot, the neighbours will do everything in their power to stop you developing it.  Even if their position is not correct under the law it seems like they can make a lot of trouble for you.  Has anyone ever had any experience with irate neighbours?  Can they totally derail your deal? 

Funny enough, one of the neighbours is a real estate agent and said she might put in a bid despite her neighbours complaints.  Perhaps its just a case of circling the wagons!

3

Questions and Answers / ontariotaxsales.ca

« on: March 02, 2007, 08:16:04 PM »

Has anyone used the Title Search Summary service on the ontariotaxsales.ca website?  If so, how have you found the service?  Does the report provide an adequate summary of both title and execution searches?  Thanks in advance,

4

Questions and Answers / Re: Prefab Homes

« on: February 26, 2007, 02:52:49 PM »

Thanks Rob.  Gave them a call and they were very helpful.

5

Questions and Answers / Re: Scugog

« on: February 26, 2007, 02:51:58 PM »

Sale of the 95 acre property has been cancelled.  I heard there was a lot of interest in the lakefront property on Coulcliff (90 x 90).  Does anyone have any more information on it (i.e. town water/sewage/gas hook-up, building code restrictions, etc.)?

6

Questions and Answers / Prefab Homes

« on: February 22, 2007, 03:12:50 PM »

Can anyone suggest a prefabricated home manufacturer servicing the GTA?  The only interesting one I found on the web was Halliday Homes based on Carleton.  Thanks.

7

Questions and Answers / Re: Results of Tenders

« on: February 19, 2007, 06:25:13 PM »

Thanks Frank.  I understood from reading a number of the postings here that the information is available from each municipality (and that the cost of getting such information may be prohibitive).  I was actually wondering about the availability of a consolidated database of such information for all tax sale properties across the province.  I would find such a database very useful.  If anyone has collected such a database personally and would be willing to share it ...

8

Questions and Answers / Results of Tenders

« on: February 15, 2007, 10:33:25 PM »

Does anybody know whether the results of all tenders are publicly available?  If so, a feature on this website listing all of the results of past tenders would be invaluable.  Thanks.

Great website by the way!