Messages

1

Announcements / Ontario gazette

« on: June 27, 2007, 03:07:15 PM »

Hi all,

New listings up at the gazette. Looks like lots of property up north.
Get reading and lets find some good property.

Some r as low as $1895. Wow.!

As always Buyer Beware.
 

2

Property Information / chatham tax sale

« on: June 18, 2007, 10:57:54 PM »

Hey there all,

Ok, so I went and took a look at the following properties in Chatham.
If anyone is interested here is my thoughts and what I & my significant other saw.

Roll # 3650-420-001-04300 Pt Lot 70, Plan Old Survey, formerly in the
City of Chatham, County of Kent, now the Municipality of Chatham-
Kent, Province of Ontario as described in 575292, SUBJECT To
Execution 02-0000017 if Enforceable, and SUBJECT To Execution 98-
0000732 if Enforceable. Being 72 King St E (CHATHAM). P.I.N.
00504-0092 Land Titles.
Minimum Bid $7,770.38

This one above house and property outside is long and narrow. Looks like its for 1940's.
It's a real handy mans special. Front porch was peeling(the wood that is). Yes, the front
porch was made of a sheet of 3/4" plywood, metal hand rail kind of hanging there.
Yes there is people living in it. we were able to drive around the whole thing.
No real front yard or back yard or side yard..lol. House takes up almost the whole lot.
Looks like a 2/3 bedroom. Basically a 1 floor home. some screens missing
(torn out/hanging)

Would we bid on this? No.


Roll # 3650-420-020-09700 Pt Lot 148, on the east side of Raleigh
Street, Old Survey, in the Municipality of Chatham-Kent, Province of
Ontario as described in 608123. Being 163 Raleigh St (CHATHAM).
P.I.N. 00506-0207 Land Titles.
Minimum Bid $12,415.09

The above property. very large older home. 2 full floors/possible basement.
People were outside cutting trees/shrubs down so we got better look.
No, we didn't stop to ask them anything..lol. they did however look like the
present or soon not present owners. Looked like aluminum siding. windows
aprox 15 or so yrs old. area was very tight nit close together houses.
Would be good rental house depending on inside.

would we bid on it? Yes if we wanted another rental income.

Roll # 3650-420-034-11900 Lot 182, Plan 156, in the Municipality of
Chatham-Kent, Province of Ontario. Being 97 Woods St (CHATHAM).
P.I.N. 00533-0258 Land Titles.
Minimum Bid $10,616.39

The above property again older house. Siding looked ok, front patio doors.
No porch though.2/3 bedroom. property was decent size for the area.
The house is located in an ok area. Then noticed the roof looks like a tin
roof or older sheets of metal off a metal pole barn.

Would we bid on it? No

Well if anyone was curious about them that is what we thought & saw.

As always Buyer Beware.
 

3

Questions and Answers / Re: How Do You Decide What Properties to Investigate?

« on: June 11, 2007, 11:25:25 PM »

Hey there,

From your screen name here sounds like u want country side acres. So best thing is to look into only those in country side (farm etc). If its the size you think you like, take a drive by and see the property. Some of the best properties are the ones that you can get to or drive within like 1-3 hours. Depending on how much drive time you can do. Me, I go as far as or have driven 10hrs north.

Hope it helps,

And as always Buyer Beware
 
 

4

Questions and Answers / Re: assessed value vs. appraised value

« on: June 11, 2007, 11:16:51 PM »

 Hey there,

Unless i'm mistaken the appraised value is what the bank could get out of it, if (god forbid) you owed them money and what they could recoupe.
Whereas assessed is by local municpality for how much they think its worth for the amount of TAX money they can get out of you.

Hope this helps,

As always Buyer Beware
 

5

Questions and Answers / Mining Claim---surface,timber,mineral rights

« on: June 08, 2007, 03:19:46 PM »

Hey there, 

I've looked for a post that I read a little while ago, but can't find it to reply. So I'll put it here. Before I found this awesome site we bought property (77acres) up near Englehart from (if i can say it here) Weurch.com. It was suppose to have all surface, timber and mineral rights. It is a mining claim. Mining clams go way back, some into the 1800's. After the Lawyer did the searches it was found that mineral was not owned by us if we purchased it.The original owner lossed the rights because of not paying TAXES. Now to the point, if there was valuable minerals found we could not keep or do what we wanted with them. They would give us a percentage. So there it is..... If anyone else knows more or wants to add to this feel free to do so.

And as always, Buyer Beware.
 

6

Questions and Answers / Re: OntarioTaxSales.ca

« on: June 08, 2007, 02:51:55 PM »

Hey there, 

I was wondering if anyone else got that message from Ontario Tax Sales. I know i got the same message. Do we think it's worth it? I realize its not alot but still, its that point of it. So far I haven't found any other place to get that info either.