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Author Topic: North Kawartha  (Read 50010 times)

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netpred

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North Kawartha
« on: September 07, 2010, 06:01:25 PM »
Property one abuts a swamp but has dry land - have lovely pics. Property two has a lien in favour of the Attorney-General.
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nihama

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Re: North Kawartha
« Reply #1 on: September 07, 2010, 11:36:55 PM »
I bid on the property, while i wait for the title and execution search.
753 northeys bay road!

Do you know how much is owed?
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nihama

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Re: North Kawartha
« Reply #2 on: September 08, 2010, 12:27:58 AM »
Well, its my first time bidding.  I did do a search it just hasnt come in yet!  I do have time to cancel if it comes back too high.  I am just learning, what does easements against the property mean.  Also there is exprop listed what is that?

Thanks for your help
m
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nihama

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Re: North Kawartha
« Reply #3 on: September 08, 2010, 01:31:46 AM »
Well, thank-you for sharing all this information with me.  I will be asking you a lot of questions in the properties to come.  I am really interested in learning as well as winning properties.  Any advice you can give me i appreciate.
I will be faxing the township to cancel this bid tomorrow.
As an answer to your question, "yes"  i did go see the property.  I did see the mess, the car, the swings, the tree house,etc.  But i really like that lake.



Thanks again
Marianne




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Asindero

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Re: North Kawartha
« Reply #4 on: September 08, 2010, 09:44:15 PM »
Well, today is bid opening. How much did it go?
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Larry

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Re: North Kawartha
« Reply #5 on: September 09, 2010, 01:28:23 AM »
Actually, it is tomorrow
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cityhunter

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Re: North Kawartha
« Reply #6 on: September 09, 2010, 07:06:42 PM »
They both have problems, I woulnt touch either.

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Larry

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Re: North Kawartha
« Reply #7 on: September 10, 2010, 02:12:15 PM »
Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.
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netpred

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Re: North Kawartha
« Reply #8 on: September 10, 2010, 02:50:42 PM »
Quote from: Larry on September 10, 2010, 02:12:15 PM
Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.

Of the two lots, I was considering a bid on this one since it didn't have any title or lien issues. 12k is a decent buy on this one, although I would have bid around 10k.

Out of curiousity, what happened with the second property?
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cityhunter

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Re: North Kawartha
« Reply #9 on: September 10, 2010, 05:21:13 PM »
Quote from: netpred on September 10, 2010, 02:50:42 PM
Quote from: Larry on September 10, 2010, 02:12:15 PM
Well, the highest bid (unoficial) for the first lot (West Bay Rd) is twelve thousand and some hundreds, I cannot remember the exact number. I think it is a good lot, I put a bid, but not that high.

Of the two lots, I was considering a bid on this one since it didn't have any title or lien issues. 12k is a decent buy on this one, although I would have bid around 10k.

Out of curiousity, what happened with the second property?

30k for the 2nd one...people weren't afraid of bidding on a property with Legal issues that THEY will face down the road. Good luck t o them

On a side note:
Do the 2ns place bidders ever get lucky ? From my experience in the past the winner always pays up in full.
« Last Edit: September 10, 2010, 05:28:57 PM by cityhunter »
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