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Who can pay overdue taxes?
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Topic: Who can pay overdue taxes? (Read 30041 times)
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ChrisCentral
Platinum
Posts: 114
Karma: 12
Re: Who can pay overdue taxes?
«
Reply #15 on:
December 06, 2012, 01:32:03 PM »
Only time will tell - my first crack at finding the person in question didnt yeild any results as the new tax certificate doesnt list the name of the person who paid the bill.
I like Frank's attitude on this, this FiretrUcK must be embarrassed. If I do find out the name and it is not a realative expect to see a new thread.
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David1010
Silver
Posts: 45
Karma: 6
Re: Who can pay overdue taxes?
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Reply #16 on:
December 06, 2012, 05:14:03 PM »
I'm sure I read somewhere, maybe even the Municipal Act, that anyone can pay the penalty/taxes on a property. As many here have said it won't be for altruistic reasons.
Back in the summer a small (very small) island on Georgian Bay came up, kept waiting for it to be redeemed as the total money owed was far less than its assessment value.
If I remember correctly it came down to the week before the sale date. Its was redeemed on a Friday afternoon, and listed on MLS by an independent real estate broker/owner from Mississauga by Monday. Pretty much at market value. Still hasn't sold, come spring it'll be gone.
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Ontario Tax Sale Property Forum
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Sheriff Sales / Foreclosures
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Who can pay overdue taxes?