Sherrifs Sales Brampton

[Dave2]

Sheriffs are coming out of hibernation.  Huge number this morning.  Did not catch them all because did not want to take over the entire board with Sherriffs sales.

Dave2
File No. 13-933
UNDER AND BY VIRTUE OF a Writ of Seizure and Sale issued out of
the Superior Court of Justice at Milton Court, Ontario, to me directed,
against the real and personal property of Alexander Burgesson, Defendant,
at the suit of Royal Bank of Canada, Plaintiff, I have seized and taken in
execution all the right, title, interest and equity of redemption of Alexander
Burgesson, in and to: 10 Wayne Nicol Drive, Unit 13, Brampton ON, L6X
4H8
All of which said right, title, interest and equity of redemption of
Alexander Burgesson, defendant in the said lands and tenements described
above, I shall offer for sale by Public Auction subject to the conditions set
out below at, 7765 Hurontario Street, in Brampton on Monday, May 25,
2015, at 10:00 o?clock in the morning.
CONDITIONS:
The purchaser to assume responsibility for all mortgages, charges, liens,
outstanding taxes, and other encumbrances. No representation is made
regarding the title of the land or any other matter relating to the interest
to be sold. Responsibility for ascertaining these matters rests with the
potential purchaser(s).
TERMS: Deposit 10% of bid price or $1,000.00, whichever is greater
Payable at time of sale by successful bidder
To be applied to purchase price
Non-refundable
Ten business days from date of sale to arrange financing and
pay balance in full at Enforcement Office, 7755 Hurontario
Street, Brampton Ontario.
All payments in cash or by certified cheque made payable to
the Minister of Finance.
Deed Poll provided by Sheriff only upon satisfactory payment
in full of purchase price.
Other conditions as announced.
THIS SALE IS SUBJECT TO CANCELLATION BY THE SHERIFF
WITHOUT FURTHER NOTICE UP TO THE TIME OF SALE.
Note: No employee of the Ministry of the Attorney General may purchase
any goods or chattels, lands or tenements exposed for sale by a Sheriff
under legal process, either directly or indirectly.
Date: April 8, 2015
Josie Eusepio
Sheriff,
Brampton, ON
905-456-4700 Ext 5443

[Pfm1011]

I read saturdays gazette,...The sheriffs are definitely busy.   

How do you determine actual amount owed to bank, I can pull a title but it wont show whats actually owed, just max owed .  IE House could be security on 300K line of credit but there may be nothing actually outstanding.
 Will bank or sheriff disclose actual outstanding amount on mortgage , seems to me it would be a violation of privacy laws..

[Matt]

Pfm1011 says, "Will bank or sheriff disclose actual outstanding amount on mortgage , seems to me it would be a violation of privacy laws.."

One of the recent sheriff's sales I was interested in had a crown lien registered on title by CRA.  It was first registered about 10 years ago.  The deed only showed the initial amount of the debt.

I wanted to find out the current balance of the debt.  It could be much higher than the initial amount or could be less.  I contacted Revenue Canada.  They said that they would not release any personal information unless I had a written consent from the debtor.

Next day, I went down to the sheriff's office and talked to one of the staff there.  She said that all I could get was the contents as advertised in the newspaper.  There was no new information available.  I said to her that no one then would likely purchase the subject property unless the current debt was fully disclosed.  She said we could just wait and find out about that on the auction day.

I went to the auction anyway and obviously no bidder there seemed to be serious.  The auction was cancelled by the sheriff due to unacceptable low bids.