Ontario Tax Sale Property

Providing free tax sale property listings for Ontario, Canada


Investing In Tax Foreclosed Properties
Source: James FicarroUnited States

Tax Properties

Every property that is owned is assessed property taxes that must be paid every year. Property taxes are paid to local and state governments based on the appraisal value of the real estate. All states, the District of Columbia, Puerto Rico and the American Virgin Islands and Canada have property taxes.

When a property owner doesn't pay their taxes, they are usually penalized and warned. If the owner still doesn't pay the taxes, the property is either seized, gets a lien placed against it, or both. After due process, the property is sold at a tax auction.

Tax auctions provide one of the most extraordinary investment opportunities that exist to date. If properly educated, an investor can by real-estate for a small fraction of what it is worth. They can rent, sell, or use the property for themselves.

In most states, the government taxing agency allows investors to pay a delinquent owner's taxes. The investor receives a tax lien certificate. If the owner wants to keep the property, they have a limited time to pay off the lien, including interest, fees, and any additional taxes that had been paid after "possession". If the owner fails to pay off the lien, the property is deeded to the investor.

In some states, the government taxing agency will not allow investors to pay the taxes, so the property is seized and goes to the agency. The property is then auctioned off, usually for back taxes, penalties, and interest. The successful bidder typically gets 1st lien, so the dead is free and clear.

In other states, the delinquent property is sold at auction for the amount of taxes, penalties, and fees, but the original owner has a time period to buy the property back. The buy-back price includes interest (often very high), penalties, fees, etc. The taxing agencies make the deal as sweet as possible to encourage investors to bid on the properties and solve the delinquent tax problem.

About the Author

James Ficarro provides an excellent resource for finding and buying tax foreclosed properties and liens in every county in the United States. http://www.tax-property-sales.com




Tax Sale Property Listings

Ontario:
Current Ontario Tax Sale Properties
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

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Ontario Sheriff Sales Properties

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Latest Discussion Posts

Re: Execution Search Results by Pfm1011
Execution Search Results by scarferitchiegroup
Brock result by Pfm1011
Toronto Tax Sale by rob
Re: Interesting bid by Dave2
Interesting bid by Jayz
Re: Re: Re: Interesting read - Vendor takeback Mortgage Danger by Dave2
Re: Re: Interesting read - Vendor takeback Mortgage Danger by Jayz
Re: Interesting read - Vendor takeback Mortgage Danger by Dave2
Interesting read by Frank
Re: Re: Re: Tax sale has no fun no bargain anymore! by Dave2
Re: Re: Tax sale has no fun no bargain anymore! by daftdaft1996
Re: Minden results October 1st 2021 by John_yjt
Re: Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Pfm1011
Re: Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Dave2
Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Jayz
Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by dm1974
Re: Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Jayz
Dangers of the game Elizabethtown Kitley / Georgian Bluffs by Pfm1011
Re: Tiny Toronto Tax Sale Property Comes On The Market by Ernestbidder
Re: Looking for a couple of sale results by dm1974
Re: Tax sale has no fun no bargain anymore! by davidson02
Re: Tiny Toronto Tax Sale Property Comes On The Market by daftdaft1996
Re: Revision - Lots of Sherriffs sales this week by daftdaft1996
Re: Madoc - 1 - Lets get real for a minute by daftdaft1996

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