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Author Topic: I always thought BC had one year redemption period ...  (Read 1720 times)
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Jayz
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« on: December 09, 2021, 09:41:04 AM »

B.C. woman loses home, $270K in equity over $10K unpaid tax bill; ombudsperson calls for change
https://bc.ctvnews.ca/b-c-woman-loses-home-270k-in-equity-over-10k-unpaid-tax-bill-ombudsperson-calls-for-change-1.5699326

Does it not?
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dm1974
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« Reply #1 on: December 09, 2021, 12:13:52 PM »

The bigger worry out of that report is the recommendation that Tax Sales list the minimum bid as the actual value (or assessed value I would assume) instead of the taxes owed.  That would pretty much kill the tax sale game.
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mountainman
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« Reply #2 on: December 10, 2021, 02:54:29 PM »

The bigger worry out of that report is the recommendation that Tax Sales list the minimum bid as the actual value (or assessed value I would assume) instead of the taxes owed.  That would pretty much kill the tax sale game.

I am Mountainman

Alas, I grow weary and old

soon no properties will be sold,

The municipalities will take a big hit

and have a royal S%^t.

For I am Mountainman
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davidson02
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« Reply #3 on: February 09, 2022, 07:50:37 PM »

The ministry accepted all five of the recommendations directed at it, according to the report, and the city's response to the ombudsperson indicates support for those five recommendations as well.
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