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Author Topic: Springwater  (Read 148261 times)

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Sasha

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Re: Springwater
« Reply #30 on: October 22, 2008, 06:07:23 AM »
Inbred hillbillies?  Banjo playing with their disability cheques?  Hey, if the disability cheques are from an insurance company then they might come up with quite a bit, if its government, then it may go for 25K.
I live in northwestern Ontario, no they are not paid actors, just hillbillies, many with hunting rifles.  Plenty of lakes in this area, but not close to any major cities.  Who wants to drive more than 2 hours on a Friday to go their cottage? 
What is the asking price of the cottages around it?
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Pfm1011

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Re: Springwater
« Reply #31 on: October 22, 2008, 11:35:01 AM »
A few years ago there was one on the French River that was on MLS for $80k, and it went for over $100 on tax sale


That is no different then Power of Sales . They always go over market as the banks ask way over market to prevent litigation and idiots see the price and "Power of Sale" and just pay as it is a deal.   These people dont renovate, dont pay their mortgages and get way over value for their house because of idiots.  Same applies to auctions of anything.
« Last Edit: October 22, 2008, 11:40:20 AM by Pfm1011 »
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Sasha

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Re: Springwater
« Reply #32 on: October 22, 2008, 08:05:41 PM »
Is anyone having trouble with MPAC?  About my property will only give me information on properties in my municipality, so I tried Propertyline and had to pay.  I purchased a Detail Property Report and didn't get much info. (not as much as we used to get before the changes),  property was built in 1930 and is 855 sq. ft.  A log cabin built in 1930, wow and its still standing?

Property values are declining in Toronto and areas around, I'm bidding, but no very much.  If I win, I shall rebuild.
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Jayz

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Re: Springwater
« Reply #33 on: October 22, 2008, 09:52:05 PM »
Quote from: Sasha on October 22, 2008, 08:05:41 PM
Is anyone having trouble with MPAC?  About my property will only give me information on properties in my municipality, so I tried Propertyline and had to pay.  I purchased a Detail Property Report and didn't get much info. (not as much as we used to get before the changes),  property was built in 1930 and is 855 sq. ft.  A log cabin built in 1930, wow and its still standing?

Property values are declining in Toronto and areas around, I'm bidding, but no very much.  If I win, I shall rebuild.

Yeah. And it seems that you can't search by roll number any more either. That sucks 'cause most of properties up for tax sale do not come with / have municipal address but roll number.
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markymark

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Re: Springwater
« Reply #34 on: October 22, 2008, 09:57:53 PM »
I think the new system will only let you check your neighborhood.
Do you know if that bulldozer runs?
The scrapyard I was trying to buy in grey was redeemed today.
Propertyline is ok but none of the older properties are updated.
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Pfm1011

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Re: Springwater REDEEMED
« Reply #35 on: October 30, 2008, 12:19:23 PM »
"Don't hold your breath Sasha. The place will redeem . It was only bought ten years ago and the pictures show it is definitely still being used"

Lot was redeemed
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Frank

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Re: Springwater
« Reply #36 on: October 30, 2008, 12:34:25 PM »
Quote from: Pfm1011 on October 30, 2008, 12:19:23 PM
"Don't hold your breath Sasha. The place will redeem . It was only bought ten years ago and the pictures show it is definitely still being used"

Lot was redeemed

Some people just like to rub it in whenever they can.

Don't feel bad Sasha, it's happened to me at least a hundred times already....that's the way the square ball skids.
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farrouk

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Re: Springwater
« Reply #37 on: October 30, 2008, 12:46:26 PM »
Thanks for the update.
I have just given out the lay off notices to all the actors I have been employing for the last month.
PFM you will have to come and pick up those toxic waste drums you left here.
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Sasha

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Re: Springwater
« Reply #38 on: October 30, 2008, 06:42:28 PM »
Once again, if its too good to be true, it usually is.  I still have hope, since I did luck out once and though everyone thought it was too good to be true, it was true. :'(
You never know, from this site, I've seen properties that have been cancelled (redeemed?) only to reappear a year later.
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Frank

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Re: Springwater
« Reply #39 on: October 30, 2008, 08:03:44 PM »
Quote from: Sasha on October 30, 2008, 06:42:28 PM
Once again, if its too good to be true, it usually is.  I still have hope, since I did luck out once and though everyone thought it was too good to be true, it was true. :'(
You never know, from this site, I've seen properties that have been cancelled (redeemed?) only to reappear a year later.

When they are cancelled, only to reappear a year later, it is usually because the owner has come in and made convincing arguments (usually with his Councillor, or the Mayor at hand) that he would be true to his word and pay up...there is a two year extension agreement that can be negotiated.  However, when he defaults again, the wheels are back in motion.  Either that, or someone at Town hall suddenly becomes aware that there was a screw up in terms of notices to lien holders, and they cancel the registration, but immediately re-register and a year later it is business as usual.
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