Messages

1

Announcements / Re: Merry Chrismas

« on: January 04, 2020, 03:59:45 PM »

Joyeux No?l mon ami 
sl?inte mhath, Dave
and happy and successful hunting in 2020,
Andrew

2

General / Re: Sanity returning to tax sales ?

« on: February 10, 2018, 08:13:12 PM »

btw Frank, was that double address you mentioned upthread 203/207/209 Grand Ave ?

3

General / Re: Sanity returning to tax sales ?

« on: January 28, 2018, 01:50:58 AM »

Speaking of sanity, or the lack thereof, maybe Frank can enlighten us about how a municipality (namely St.Catharines) can justify their latest offering of 15 Yale Cres, the former recycling plant that went belly up in '07.  Currently asking minimum $966k.

Last offered in '14 for $565k.

They paid "$113,300 to hire a Toronto environmental company to deal with a fire-trap factory abandoned by its owners" in 2012.  And from the same article in the St.Catharines Standard - "City treasurer Shelley Chemnitz said the city tried to sell the property for unpaid taxes in December 2009, but there were no bids. The city had the option of taking ownership at that time, but decided that was too risky."

The MOE fined the defunct company (in absentia) $100k in 2009.

Of course none of the money spent on this property in the last 10 years has been (or ever will be) recovered from the previous owners because they disappeared into the woodwork long, long ago.

So who is actually on the hook for all this "sanity" (other than the taxpayers) ?

Is this what passes for normal (nevermind competence) in our Canada in 2018 ? Or the world for that matter ?

Just sayin ...

4

General / Sanity returning to tax sales ?

« on: January 18, 2018, 12:36:56 AM »

Happy New Year, everyone.

Just noticed over at Tritarget, that both properties in the West Lincoln sale SOLD (not redeemed like so many have been of late) and for just a little over Minimum no less !

May be a good portent -- one can dream, LOL.

5

General Discussion / Re: Georgian Bay - Why is there always a conspiracy to cheat me of my winnings

« on: January 29, 2017, 12:38:56 AM »

Dave, I don't quite get what you mean by "owned by a bankruptcy trustee" -- they don't normally "buy" a debtor's assests as part of the bankruptcy process.  So if there's no mortgage or any other claims against the property then my guess is that the trustee isn't expecting much more than the back-tax value to be realized from a "forced" sale.  (Trustees are in the business of generating fees for themselves, not looking out for the interests of the creditors, or debtors IMHO)  Just my .02

6

General Discussion / Re: Billings Township results?

« on: January 08, 2017, 01:59:43 PM »

No offence intended to either woodland elf, but I couldn't resist 

https://www.youtube.com/watch?v=NNC0kIzM1Fo

7

General Discussion / Re: If at First you do not succeed: Lets try further south

« on: March 07, 2015, 01:49:38 PM »

This "JUDGMENT" might have some bearing

http://caselaw.canada.globe24h.com/0/0/federal/tax-court-of-canada/2004/03/01/fundeanu-v-the-queen-2004-tcc-144.shtml

8

General / Central Huron 2015

« on: February 13, 2015, 02:31:09 AM »

For your evening's entertainment, may I present to you, after you've checked out the listing for 39747 Londesboro Rd (on the main page or Gazette or OTS):

http://www.century21.ca/fr/Property/ON/N0M_1L0/Central_Huron/39747_Londesboro_Rd

Does this guy have any clue ?

9

General Discussion / Re: Windsor Results

« on: July 26, 2014, 05:59:15 PM »

Yes Dave, but did you note the last sentence in the article -

"The new owner will not be responsible for paying the outstanding taxes owed prior to the sale of the properties that were once home to a gas station, car dealership and garage."

You think maybe there might be some remediation expenses involved ?

10

General / Re: Northern Bruce waterfront

« on: November 13, 2013, 04:48:31 PM »

Wordly John

Don't ever think that would be a sure thing!
 

Should I conclude that they is barely any interest in the 5 northern bruce waterfronts? I wonder if bidding near minimum will get me a win here?

Did someone just tip their hand here, Frank ?   

11

Links and Resources / Re: Municipality Website

« on: July 06, 2013, 09:57:59 PM »

Thanks Rob, but this one

http://listingsca.com/ontario/government/municipal/

seems to do the trick for now.

12

Links and Resources / Re: Municipality Website

« on: July 06, 2013, 12:59:24 PM »

Anyone happen to have a replacement for this link (which I have used many times, except today, ie. I get "404 - File or directory not found." instead.) ?

13

General Discussion / Re: Invalid Tax Sale

« on: July 06, 2013, 12:31:14 PM »

Everyone interested in this "hobby" would be wise to avail themselves of the relavent legislation (which you can find at this link:

 http://www.e-laws.gov.on.ca/html/repealedstatutes/english/elaws_rep_statutes_90m60_e.htm ).

The specific dictum in this case is:

Advertisement
(2) (d) advertise the land for sale once in The Ontario Gazette and once a week for four weeks in a newspaper that, in the opinion of the treasurer, has such circulation within the municipality as to provide reasonable notice of the sale or, where there is no such newspaper, the treasurer shall post notice in the municipal office and one other prominent place in the municipality and the advertisement shall be in the prescribed form. R.S.O. 1990, c. M.60, s. 9 (2).

[As an aside to Ernest, it would appear that the Gazette listing was not the issue, since the legislation doesn't specify a time period -- I too was under the mistaken impression that the ad had to be listed at least 1 week in the Gazette, until I re-read 2.d above.]

14

Questions and Answers / Re: question.....opinions pls

« on: March 30, 2013, 02:19:35 PM »

can someone explain the process and steps u would do before goin to an auction, do u submit the tender at the municiple office before the bidding starts? I have attended an auction in the US, i find attaining property alot easier and for alot less in the US. opinions?

I don't want to come off sounding too snarky here, but what you are asking is actually defined by law ... the Municipal Act, 2001.  Every municipality posts almost identical instructions:

from the March 23 listings -

THE MUNICIPALITY OF TRENT HILLS
TAKE NOTICE that tenders are invited for the purchase of the
land(s) described below and will be received until 3:00 p.m. local time
Wednesday, April 17, 2013 at the Municipal Office, 66 Front Street South,
Campbellford, Ontario.
...
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.
========
THE TOWN OF SMOOTH ROCK FALLS
TAKE NOTICE that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on Friday,
April 19th, 2013 at the Smooth Rock Falls Town Hall, 142 First Avenue,
P.O. Box 249, Smooth Rock Falls, Ontario P0L 2B0.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Smooth Rock Falls Town Hall, 142 First
Avenue, Smooth Rock Falls, Ontario.
...
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.
========
THE CORPORATION OF THE TOWN OF SPANISH
TAKE NOTICE THAT tenders are invited for the purchase of the land(s)
described below and will be received until 2:00 p.m. local time on
Wednesday, April 17, 2013 at the Town of Spanish, P.O. Box 70
8 Trunk Road, Spanish, Ontario P0P 2A0.
The tenders will then be opened in public on the same day at the Town of
Spanish Municipal Office, P.O. Box 70, 8 Trunk Road, Spanish, Ontario
P0P 2A0 at 7:00 p.m.
...
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount. Tenders must be
submitted in sealed envelopes addressed to the TOWN OF SPANISH RE:
PUBLIC TENDER and must contain either the ROLL NUMBER or FILE
NUMBER on the envelope.
========
THE CORPORATION OF THE TOWN OF MARATHON
TAKE NOTICE that tenders are invited for the purchase of the land(s)
described below and will be received until 3:00 p.m. local time on
April 18, 2013 at the Town Office, 4 Hemlo Drive, Marathon, Ontario.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Town Office, 4 Hemlo Drive, Marathon,
...
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.
========
THE CORPORATION OF THE TOWN OF MISSISSIPPI MILLS
TAKE NOTICE that tenders are invited for the purchase of the land (s)
described below and will be received until 3:00 p.m. local time on Tuesday
the 16th day of April, 2013 at the Municipal Office, 3131 Old Perth Road,
Almonte, Ontario K0A 1A0.
The tenders will then be opened in public on the same day at the Municipal
Office Council Chambers at 3:05 p.m.
...
One tender for each parcel of land must be submitted in the prescribed form
and must be accompanied by a deposit in the form of a money order or of a
bank draft or cheque certified by a bank or trust corporation payable to the
municipality and representing at least 20 per cent of the tender amount.
========
THE CORPORATION OF TAY VALLEY TOWNSHIP
Take Notice that tenders are invited for the purchase of the land
described below and will be received until 3:00 p.m. local time on April
24, 2013, at the Tay Valley Township Municipal Office, 217 Harper Road,
RR # 4, Perth, Ontario K7H 3C6.
The tenders will then be opened in public on the same day as soon as
possible after 3:00 p.m. at the Municipal Office, 217 Harper Road, Perth.
...
Tenders must be submitted in the prescribed form and must be accompanied
by a deposit in the form of a money order or of a bank draft or cheque
certified by a bank or trust corporation payable to the municipality and
representing at least 20 per cent of the tender amount.


Note how specific Brent at THE TOWN OF SPANISH is: "...will be received until 2:00 p.m. ... opened in public on the same day at the Town of Spanish Municipal Office ... at 7:00 p.m."

And Rhonda at MISSISSIPPI MILLS is: "...will be received until 3:00 p.m. ... opened in public on the same day at the Municipal Office Council Chambers at 3:05 p.m."

And to get really edumacated, here's the link to the legislation:
http://www.e-laws.gov.on.ca/html/statutes/english/elaws_statutes_01m25_e.htm#BK439

15

Announcements / Re: Enough with negative thoughts - Which one of you won Talisman Ski Resort?

« on: March 23, 2013, 12:59:23 PM »

To pjdd, etc. here's what you're looking for ...