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Author Topic: Family Responsibility and Support and is a charge against the interest of land  (Read 85424 times)

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Matt

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Re: Family Responsibility and Support and is a charge against the interest of land
« Reply #15 on: May 07, 2015, 11:08:06 PM »
Quote from: Dave2 on May 07, 2015, 10:42:26 PM
Quote from: Pfm1011 on May 07, 2015, 09:04:48 PM
He may know something already and done some research and has a "well bought"   ..or he just blew his brains out

In Kawartha Lakes some people who ignored crown liens now owe the Canada Revenue Agency 10 times what they paid for the property and 3 - 4 times the maximum value of the property.  Sad

I think I hinted about the liens in my earlier post.
History repeats again and again.
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Pfm1011

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liens on land and sound of freight trains coming at you
« Reply #16 on: May 08, 2015, 11:08:52 AM »
Quote from: Matt on May 07, 2015, 11:08:06 PM


I think I hinted about the liens in my earlier post.
History repeats again and again.

 The problem is no one talks about buyers getting slaughtered. You wont see a post at top of Ontariotaxsales  website saying..     "paid 3 x market value "  

You wont see posts on here from the buyer saying. ".holy crap did I ever screw up, don't do what I just did"

So as you say history shall repeat,  which is  fine with me as it is just darwinism and  "culling of  the herd"


About 7 or 8 years ago , a woman bought a piece of land with buildings in Haliburton if I remember correctly.  First time bidding on a tax sale.  

 She was shocked she won with such a low bid  but instead of jumping blindly  she  was smart enough to step back and  ask on here if anyone knew any problems with the site before paying outstanding.  Extremely smart move at that point.

Took a whole ten minutes to find out it was once a small chemical plant with a pile of MOE orders against it.

She walked from her deposit of 20ish K.  Dodged a HUGE bullet but it was a expensive lesson and never seen her on here again.  She never even posted her story as a warning.... and worst of all didn't send me a bottle of cognac as a "thanks for pushing me out of the way of the freight train"

I presume she stuck to raising horses....
« Last Edit: May 08, 2015, 01:03:51 PM by Pfm1011 »
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