Perth County Tax Sale

[shacksman]

I checked out the new tax sale in Perth County. It's a landlocked piece of zoned flood plane, that's under water in the spring.  The assessment is $100. They want $6749 minimum tender, plus taxes and a new survey. There is no survey or legal description. It seems the county is dumping a useless piece of land so they don't have liability for the river.

[Sasha]

Hi,

I checked out the property on MPAC and the 2006 assessment value is 6,500 and the minimum tender is $100 more.  Are you sure its landlocked?  I'm taking a drive down to see the property, someone told me that since the last assessment, someone had started to build a home on it and then run out of money.
Any info would help.

Thanks,

Sasha

[shacksman]

Hi,

I checked out the property on MPAC and the 2006 assessment value is 6,500 and the minimum tender is $100 more.  Are you sure its landlocked?  I'm taking a drive down to see the property, someone told me that since the last assessment, someone had started to build a home on it and then run out of money.
Any info would help.

Thanks,

Sasha

You are talking about a different property. This one has an MPAC assessment of $100 total. It's just a piece of flood plane along a small river bank.No place to build or zoning as it's flood plane zoned. Also no access except across private property in front of it. There is nothing built on it now.
Doug

[shacksman]

Before you drive too far check MPAC at 1 877 215 0043 for roll # 3120 090 002 06101 and the Township office at 519 271-0619 Muriel King, Township Clerk

Doug

[shacksman]

This tax sale has ended, and as expected there were no tenders. Since there is no access to this piece of floodplane, it was hard to believe the County would waste so much tax money on this hopeless deal.
Doug

[Frank]

This tax sale has ended, and as expected there were no tenders. Since there is no access to this piece of floodplane, it was hard to believe the County would waste so much tax money on this hopeless deal.
Doug

Unfortunately, that is the system.  The municipality cannot just take the land for back-taxes, it has to go through this process first.  Now that the sale is over and there were no bids, they have one year to vest the property to the Municipality and either keep it, sell it privately, or give it to a conservation authority if that is appropriate.   The system is there to protect private property owners from government abuse as well as to collect the taxes owing.

[speedfreeksteve]

Since I've got into the tax sale game the past couple years, I've seen this type of situation quite often where a piece of land goes up for tax sale that has very little value.

When you think about it though, it makes total sense. If you own a piece of worthless property you would be crazy to ever pay taxes on it and that's why so many bad ones end up in tax sales.