Messages

1

General / Re: redeemed after I won the tax sale

« on: June 12, 2023, 04:53:50 PM »

Heres a story that happened this week that could serve as a warning.  I was the highest bidder on an island in south frontenac.  Soon after,  I went to see it, along with a check to pay the township.  There were some shoreline access issues so I talked to several cottage owners, who were quite territorial about using any land to launch my canoe. But I got to the island, loved it and went and paid.  A week later the treasurer sent me the documents to sign to register the deed. but later the same day he called and said the owners daughter came and paid the back taxes.  Apparently me having talked to several neighbors was the mistake as they contacted the owners family and thats the end of it according to the treasurer even though they already took my check.  So after 20 years of tax sales I got sloppy I needed to relearn the lesson. NEVER TALK TO ANYONE ABOUT THE TAX SALE! even after you won.

I am Mountainman

Greetings Jonathan of the Orb

Neighbours do tend to chemisorb,

The less they know

More likely the sale will go,

I am sorry for you

But I too have stepped in this poo.

For I am Mountainman.

2

General / Re: minimum bid set much higher than assessed value

« on: June 12, 2023, 04:44:51 PM »

  Can anyone inform me as to the legality of a municipality posting a tax sale property that  is assessed at, say, $12,880.63, and setting the minimum bid at $190,000? Are they allowed, or required, to set the bid at, or near, current market value?

I am Mountainman

Greetings my friend Ernie

While the rules may seem screwy,

The municipality can collect all arrears

Including amounts added over the years.

For i am Mountainman

3

General / Re: Re: I always thought BC had one year redemption period ...

« on: December 10, 2021, 08:54:29 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

4

General / Re: Re: Chatsworth cancelled....Damn

« on: October 14, 2021, 01:03:51 AM »

I had a clown bragging about  losing 150 acres in Niagara.  Lost an OMB and then lost the land to taxes and still tried to peacock.  Anyone from Niagara would know Carlo M.

He brags about  coming up with Testamentary lots scheme while serving time for fraud ( Astra Trust).  Jackass also decided to teach the city a lesson and lowered the lots to 175 despite the frontage being 200 for decades.    Had he not tried to scam  with the smaller frontage the city would have let him get away with the scam lot creation.

Loses the OMB  and the lots are still rotting empty after 20 plus years. Was never his money that was lost.

Bizarrely enough he tried to convince me to partner with him. I just had to give him land and money and he would get approval.  He somehow hoped I had not read newspapers or zoning policies for the last 30 odd years.

I am Mountainman

That clown ain't funny

he's actually pretty f&kin scummy.

For I am Mountainman

5

General / Re: Chatsworth cancelled....Damn

« on: October 13, 2021, 12:11:14 AM »

Chatsworth cancelled....Damn

I had a new Massey all picked out.....


I could never understand why the people wait to the last minute....they think they are being cute as they are the victim and we are the evil ones ....

I would die of shame and pay it off immediately if it ever happened to me. Instead the entire town knows he is a roach.

I am Mountainman

When it comes to shame

it isn't the game,

The owner may think it's funny

but he or she is a dummy,

For look at the cost

and the money the loser has lost,

So don't be piss*d

for what you may have have missed,

The loser we know

has lost a sh&tload of dough.

For I am Mountainman

6

Professionals / Re: Tax Sale Lawyer Review

« on: May 20, 2021, 12:04:24 AM »

I won a tax sale!

However, the municipality did not really know what to do, so it's taken days....

When the town did get back, they did require me to get a lawyer, so I came to the forum and found a recommendation by worldjohn for a lawyer familiar with tax sales.

I went to his office, he explained most of the next steps quickly and efficiently for a reasonable price.

Kirk J. Cooper Barrister, Solicitor and Notary
37 Maitland Street,
Toronto, ON M4Y 1C8
416-923-4277

[email protected]

So far so good, when the tax deed is in my hot little hands I will update.

I am mountainman

Congrats on your recent win

but this post might be for the bin,

You might be barking up the wrong tree

according to our very own Jay-Z

For I am mountainman

https://taxsaleproperty.org/forum/index.php?topic=1421.0

7

General / Re: Re: Private property vs the road allowance

« on: May 19, 2021, 12:04:27 AM »

Thank you Mountainman

For I am Forest Femme

I am Mountainman

My dear Forest Femme

alas here we go again,

I fear that I must balk

for others will start to talk,

It was never meant to be

between you and me.

For I am Mountainman.

8

Announcements / Re: Be careful bidding on the 1 dollar properties

« on: May 15, 2021, 04:51:58 PM »

Thanks Rob.

9

General / Re: Re: Private property vs the road allowance

« on: May 15, 2021, 12:29:59 AM »

I read the road access act.   It says you cannot block an access road.  These properties were all owned by one owner and they were private trails not an access road.   I don't consider these trails as access as they have legal access via a road allowance.   I have my lawyer ready as I cannot back down from this one as these are my private  hunting grounds and I don't want to see a vehicle drive though during my hunting time.  The other properties are not legally landlocked.

I am mountainman

You own this property in rem

so might as well just fu*k 'em.

For I am am mountainman

10

General / Re: Private property vs the road allowance

« on: May 14, 2021, 02:17:03 AM »

I purchased tax sale land 9 years ago and have lately, new property owners wanting to access their lands through my private trails.   I had recently, a crown attorney harassing me saying this is an access road.  It is my understanding you can deny trespassing on private trails if they have a road allowance available to you.  Trespass law only deems passage possible if you are landlocked and not out of inconvenience or expense. It does not matter if it is unopened and not my problem to give them the red carpet treatment.   Am I correct?   I need help of wolves.

I am Mountainman

Kerriebell, Kerriebell, Kerriebell

I hope you are keeping well,

Keep in mind this important fact

you would do well to study the Road Access Act,

But there is also the matter of the common law

which just might stick in your craw,

But for sage counsel on your journey

You must speak with a top attorney.

For I am Mountainman

11

Property Information / Re: Grey Highlands 80 acres...Retirement plans crushed again.

« on: April 15, 2021, 12:56:16 AM »

I have no clue how many bids as I logged off for 30 minutes . But I'm guessing well over 50

Winner 810, Second 601  then say a dozen  from 521 to 250 .piles of 160 to 220....then the ridiculous 25 to 75

810 is high if investment or farm pricing but a good deal if this is to be a family home.  1500 ft driveway and you are on top of a 100 ft hill.   There was gas line on the street so you can have a real nice setup.

NEXT......

I am Mountainman

The pandemic brings the plague

but I don't lie at night awake,

Don't bother to waste your time

if you are expecting a rhyme,

Me thinks only an end user will bid

when the price makes me flip my lid,

So those who look for a bit bit of luck

are truly royally fu@&*d

For I am Mountainman

12

Announcements / Re: south glengarry

« on: April 09, 2021, 02:39:51 AM »

so I decided to try again at this tax sale property game. I gave up a few years ago when bids started getting truly ridiculous. Im hoping all those people overbidding have gone bankrupt and prices will stabilize.  I still have not gotten my dream hobby farm. south glengarry seemed like a possibility until I saw a lien from the Law Society of Upper Canada c/o ontario legal aid plan.  It seems obvious that its a crown lien but I have been unable to ever find out how much liens like this actually are.  does any one have any shortcuts or tricks how to find out the amount a crown lien actually is?

I am Mountainman

Jonathan of the globe

why are thou playing the dope?

T'is nice thou have emerged from your den

but check your information again.

For I am Mountainman

13

Property Information / Re: Stone Mills Land mine warning

« on: March 24, 2021, 08:17:34 PM »

50 acres on waddell rd looks great until you drive about 1000 feet up the road ...which is also upwind

That massive construction is   a 1200 head pig farm with 125 head of cattle .  The pond they are building is a 1 million gallon storage for the waste.

 A 200 head has a setback recommendation of 1/2 mile for smells  so you can imagine how bad this will be

not even mentioning the yummy well water....

Free advice worth every penny you paid.

https://inquinte.ca/story/farming-reps-say-requirements-have-been-met-for-proposed-intensive-hog-farm

https://inquinte.ca/story/erinsville-citizens-pushing-back-against-proposed-hog-farm-in-hamlet

I am Mountainman

PFM I doth fear that the intent of the post is to keep bidders at bay

The pork is a kilometer away,

1200 is not a number to dread

when the real count is less than 500 head,

But alas there is no point to chirp

all I say now is "BURP",

For I am Mountainman

14

General / Re: Pre Tax Sales

« on: December 22, 2020, 06:26:38 PM »

I'm new to tax sales, but I have experience with rentals and other real estate.  My question is regarding contacting the registered owners of the property that is scheduled to go up for tax sale and entering into an agreement with the owner to purchase the property and pay off the tax lien prior to closing.  Has anyone done this, is this common, are there any pitfalls, drawbacks, legal issues in doing this maneuver?  Has anyone had success doing this?  Thank you all for your responses in advance.  

I am Mountainman

RUN

this will be fun,

Ahem

Pfm?

For I am Mountainman

15

General / Re: Re: Re: Ramara in progress ... LOSING THE PLOT

« on: December 10, 2020, 10:09:38 PM »

I have always considered one of the key points of this site is to warn people of land mines.  By telling people of serious issues  we eliminate overpayers and hopefully someone warns us of other landmines.

Over the years we have all lost bids to people who overpaid as they didnt know of serious issues.  

We obviously do not disclose gold mines to each other but we should warn of the landmines only on the hope that someone will do the same in the future.

I didn't bid on this as I had no interest but  if people knew about the retaining wall it should have been posted.

Just my two cents.....

PFM:  

I did warn the wining people only 3 hours after the bids had closed.  They have/had almost 14 and 28 days to decide if they wish to proceed and if not we will all know of their decision if it tenders again next year.  
 The only thing I did not do was warn people in advance but I did warn them in time to cut their possible losses.  I know of other ways but that is not in the public domain.    

Tax sales are a high risk investment and if you cannot afford to lose 20% of your bid you should not be bidding.   As someone I know from another arena
arena once said "If I ain't losing some I ain't bidding it right. (because  I am overpaying.) Yes I have walked away from my deposit also.

I personally have given a lot of warnings and received a lot of flak for them because people have in effect accused me of spreading false news.

Bee:  The Municipality usually will not tell.  Obviously some people knew (I know of at least one other). The big question is how,
 but I am not telling because it is part of my art.

Too often we forget the first rule of tax sales.  'Properties appear on tax sales because there is a Problem with the property or the owner'

Second rule:  'Reread rule one'

Unfortunately I think shortly we will have to add a third rule soon,

 "Buying tax sales is like buying stocks. Any fool can buy them. The key is what you can sell them for"


 

I am Mountainman

Dave, here's my half-pence

sometimes you doth make sense,

But here your linguistic ability has parted

You kinda sound like you just farted.

For I am Mountainman