Ontario Tax Sale Property

Providing free tax sale property listings for Ontario, Canada


Tax Lien Certificates and Tax Deeds - Protecting Your Investment
Source: Joanne MusaUnited States

So you learned about how to buy a tax lien certificate or tax deed. You did your due diligence, prepared yourself to bid at the sale and you bought a tax lien certificate or tax deed. Now what do you do? Read on for information about the first step you need to take to ensure that your investment is profitable.

First of all, your lien or deed must be recorded in the county records, or it is worthless. In some states this is done for you and you pay a recording fee when you purchase your lien or deed at the sale. In most states, though, this is something that you will be responsible for and I suggest that you do it right away. You’ll have to wait until you have the deed or tax lien certificate, then you will have to send the original document, along with the recording fee, in to the proper office to be recorded with the county records. The required fee will vary depending on the state and county. You will need to call the recording office (usually the county clerk, or county recorder) and find out what the fee is so that you can send the exact amount in with the document. If you do not send the right payment your lien or deed may be returned to you without being recorded.

I suggest that you make a copy of the tax lien certificate or deed before you send it in to be recorded and that you send it via certified mail, with a return receipt. This way if your document is lost, you have proof that you sent it in to be recorded and you may be able to get it replaced. Also, the recording process can take some time, and if anything happens with the property in the meantime, you’ll have a copy of your document.

Once your document is recorded with the county, it will be sent back to you. Put it in a safe place. You will not be able to receive redemption of your tax lien certificate without providing the signed document to the tax collector. Do not sign it and turn it over to the tax collector until you are sure that the redemption amount is the amount that is due to you. To ensure that your tax payments, recording fees and other reimbursable expenses are accounted for, you will have to provide the tax collector with and affidavit for any payments that you make on your tax lien.

Joanne Musa is a Tax Lien Investing Coach and Consultant who works with investors who want to learn how to buy profitable tax lien certificates and tax deeds. She is the president of Tax Lien Consulting LLC, a consulting firm for tax lien investors. She is the author of the e-books: Tax Lien Investing Secrets and Tax Lien Lady's State Guide to Tax Lien and Tax Deed Investing, available at http://www.taxlienlady.com/store2/sales.html. For more tips on investing in tax lien certificates send an e-mail to MoreTips@taxlienconsulting.com




Tax Sale Property Listings

Books

Ontario:
Current Ontario Tax Sale Properties
Ontario Tax Sales - 2022
Ontario Tax Sales - 2021
Ontario Tax Sales - 2020
Ontario Tax Sales - 2019
Ontario Tax Sales - 2018
Ontario Tax Sales - 2017
Ontario Tax Sales - 2016
Ontario Tax Sales - 2015
Ontario Tax Sales - 2014
Ontario Tax Sales - 2013
Ontario Tax Sales - 2012
Ontario Tax Sales - 2011
Ontario Tax Sales - 2010
Ontario Tax Sales - 2009
Ontario Tax Sales - 2008
Ontario Tax Sales - 2007
Ontario Tax Sales - 2006
Ontario Tax Sales - 2005
Ontario Tax Sales - 2004

Alberta:
Current Alberta Tax Sale Properties
Alberta Tax Sales 2014
Alberta Tax Sales 2013
Alberta Tax Sales 2012
Alberta Tax Sales 2011
Alberta Tax Sales 2010
Alberta Tax Sales 2009
Alberta Tax Sales 2008
Alberta Tax Sales 2007
Alberta Tax Sales 2006
Alberta Tax Sales 2005

Nova Scotia:
Nova Scotia Tax Sale Properties

New Brunswick:
New Brunswick Tax Sale Properties

USA:
New York Tax Sale Properties
Texas Tax Sale Properties

Sheriff's Sales
Ontario Sheriff Sales Properties

Ontario Tax Sale Research

Tax Sale Property AI Chat

Listing by Date
Listing by Counties, Listing by Districts, Listing by Regions, Listing by Single Tier

* My Properties *




Latest Discussion Posts

I wish this would happen to my winnings by Dave2
Who said tax Sales are cheap Georgina by Dave2
Sheriff Sale - Feb 23, 2024 by rob
Chat with a Ontario Tax Sale Property AI Expert by rob
Updated EBook Ontario Tax Sale Buyer's Guide by rob
December 29, 2023 by rob
Merry Christmas and Happy Holidays by rob
Homebuilder, or thinking of building your own new home? by Ernestbidder
Toronto Tax Sale Results from June 29? by mike7
Re: redeemed after I won the tax sale by mountainman
Re: minimum bid set much higher than assessed value by mountainman
minimum bid set much higher than assessed value by Ernestbidder
redeemed after I won the tax sale by worldjohn
Re: County Lambton 205 ACRES by Pfm1011
Re: County Lambton 205 ACRES by bee
County Lambton 205 ACRES by Jayz
Sheriff Sale - March 25 - 2022 by rob
Sheriff Sale - March 11- 2023 by rob
Sheriff Sale - March 18 - 2023 by rob
Sheriff Sale - Feb 4 -2023 by rob
Sheriff Sale - Jan 28 - 2023 by rob
Sheriff Sale - Jan 14 - 2023 - part 2 by rob
Sheriff Sale - Jan 14 - 2023 by rob
Sheriff Sale - December 24 - 2022 by rob
Sheriff Sale - December 10 - 2022 by rob

Visit the tax sale properties discussion boards

Articles

Buying a Foreclosed Home by Mansi Gupta
WHY CAN'T I GET A RATE LIKE THISE ADVERTISED ON TV? by Michele Roman
Tax sale process
What You Need To Know About Real Estate Foreclosures by Michael Contaro
The Risks and Rewards of Investing in Foreclosures by John Nazareno
Foreclosure Listings - Places To Find Foreclosure Listings Online
Tax Sales Information Bulletin by City of Kingston
Escaping The Affects Of Tax Liens On Real Estate Investors by David Gass
Purchasing my first Forclosure by Jonathan Cochran
Don't Buy Tax Lien Certificates Until You Read This! by Joanne Musa

View more tax sale property articles