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  • URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES
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Author Topic: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES  (Read 98100 times)

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Frank

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES
« Reply #15 on: June 16, 2007, 03:36:24 AM »
Quote from: prior1 on June 15, 2007, 01:49:43 AM
Another thought.  I don't think the municipalities put these tenders in plain enough English for the ordinary person.  There has to be someone regulating these laws, of what is and what is not included and what can, and cannot be included in these tenders, at a higher level of goverment above the municipal level and I would like to know who to get to the bottom of things, all of these mixed questions and answers is really stressfull and makes one want to stop looking and dealing with all of this.


Take a chill pill.  You have to realize firstly, that the intent of these laws is simply to enable the municipality to collect its taxes.  Not to do you a big favour.  The municipality is under no obligation to obtain the highest and best price, nor can they legally provide you with access to the property or any guarantee of condition, costs, etc..  That is why we do not ever bid up to what we think the property might fetch on the market - there are unforseen costs and you can get bitten.  If this is going to wear on your nerves, then get out of the game and go pay market value for something that is 100% guaranteed and has the good housekeeping seal of approval.
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Ion

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Could the Money Order or bank Draft be cancelled?
« Reply #16 on: June 16, 2007, 04:52:52 PM »
Life is full of surprises. To loose 20% is very painful. Is possible to cancel the MO or bank draft?
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Sasha

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES
« Reply #17 on: June 16, 2007, 05:21:57 PM »
Hi Ion,

If yours isn't the highest or second highest tender, you'll get your 20% back.  If its the second highest, then you'll get your 20% back when the highest bidder pays his tender (around 14 days).  Your tender can be cancelled until the day of the tax sale. You have to submit in writing that you wish to have the tender cancelled.  Call the municipality and they will direct you on how to do this.

Sasha
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speedfreeksteve

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL F
« Reply #18 on: June 23, 2007, 03:05:25 PM »
That was good for a laugh.  ;)

If you're getting all stressed about a tax sale over a cheap property with abandoned vehicles on it, then maybe tax sales aren't the best way to go. This is a speculative venture.

Getting hydro to a lot absolutely doesn't require a survey. I never got a survey on my cottage lot and I had to get 2 poles run, trees cleared and a 200 feet underground cable run from the last pole.

The cost was less than most people would think, and worth it considering the alternatives (gas generator or live like Amish people).

Many people seem to get surveys without a need for them. Some of my neighbours have told me they had surveys done for $1000-$1500 and then when I asked them why, a typical response is "aren't I supposed to?" or "I don't know?".


Quote from: prior1 on June 15, 2007, 01:44:20 AM
Hello Frank.

I guess so, but I think I am getting too stressed, as the law should make things very clear as far as I am concerned. They should, the government in what ever level should provide a package including all neccessary information needed,copy of deed, survey all outstanding debt and exact amounts owing and to whom, along with the tender, for a specific price instead of people having to run around feeling like their heads are going to blow up.   I think it would be better to find a lot, with hydro and am feeling this is not worth the fight, all of these cost, hydro, just for the survey of which is the best way to run it approx. 10,000 and that doesn't even include the actual installation of the hyro lines, poles, cutting of trees in the way, branches, plus something else, pins or something needed at some poles plus taxes.  I think it would be probably close to 25,000 and up for this total installing plus all of these other fees on the tender, minimum bid, etc. I don't think this property is worth this.
Thank you for all of your help.

 

Quote from: Frank on June 14, 2007, 05:41:37 PM
Quote from: prior1 on June 14, 2007, 03:58:53 PM
Thank you for the info, but still do not get how the municipality can do this when it states right on the tender:

That is why God created lawyers, judges, and the courts.  I've had occasion to use them myself when I felt agrieved.

Good luck
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Pawel

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES
« Reply #19 on: June 24, 2007, 09:48:02 PM »
It would be necessary to get a survey if you were deciding to build on your property. A building permit will not be issued without drawings that included the survey.
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prior1

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL F
« Reply #20 on: June 25, 2007, 03:19:44 PM »
This was not for a quote on a survey of the property.  It was for Hydro one to come out and decide which was the best way to run the lines, from the closet pole on this and was  for 2.5 kilometers and they quoted me almost 10,000 upfront and this did not include the installation of the poles and hyrdo to the lot, so very costly.  I wasn't afraid of the tax sale, but the cost of the hydro to do this plan by hydro one, plus the cost of hydro poles and have the hydro run to the property, which this 10,000 did not include.

I don't know if the tender went through on this property or not, as I did not bother because of the hydro one cost.

Quote from: speedfreeksteve on June 23, 2007, 03:05:25 PM
That was good for a laugh.  ;)

If you're getting all stressed about a tax sale over a cheap property with abandoned vehicles on it, then maybe tax sales aren't the best way to go. This is a speculative venture.

Getting hydro to a lot absolutely doesn't require a survey. I never got a survey on my cottage lot and I had to get 2 poles run, trees cleared and a 200 feet underground cable run from the last pole.

The cost was less than most people would think, and worth it considering the alternatives (gas generator or live like Amish people).

Many people seem to get surveys without a need for them. Some of my neighbours have told me they had surveys done for $1000-$1500 and then when I asked them why, a typical response is "aren't I supposed to?" or "I don't know?".


Quote from: prior1 on June 15, 2007, 01:44:20 AM
Hello Frank.

I guess so, but I think I am getting too stressed, as the law should make things very clear as far as I am concerned. They should, the government in what ever level should provide a package including all neccessary information needed,copy of deed, survey all outstanding debt and exact amounts owing and to whom, along with the tender, for a specific price instead of people having to run around feeling like their heads are going to blow up.   I think it would be better to find a lot, with hydro and am feeling this is not worth the fight, all of these cost, hydro, just for the survey of which is the best way to run it approx. 10,000 and that doesn't even include the actual installation of the hyro lines, poles, cutting of trees in the way, branches, plus something else, pins or something needed at some poles plus taxes.  I think it would be probably close to 25,000 and up for this total installing plus all of these other fees on the tender, minimum bid, etc. I don't think this property is worth this.
Thank you for all of your help.

 

Quote from: Frank on June 14, 2007, 05:41:37 PM
Quote from: prior1 on June 14, 2007, 03:58:53 PM
Thank you for the info, but still do not get how the municipality can do this when it states right on the tender:

That is why God created lawyers, judges, and the courts.  I've had occasion to use them myself when I felt agrieved.

Good luck
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speedfreeksteve

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL F
« Reply #21 on: June 25, 2007, 11:08:00 PM »
Quote from: pawel on June 24, 2007, 09:48:02 PM
It would be necessary to get a survey if you were deciding to build on your property. A building permit will not be issued without drawings that included the survey.

Not that's not correct. My place that I built had a building permit and no survey. I asked around and many people that I know built their home or cottage with no survey.
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Pawel

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Re: URGENT QUESTION: MINIMUM TENDER INCLUDES ALL TAXES,ADVERTISING FEES, LEGAL FEES
« Reply #22 on: June 26, 2007, 12:52:02 PM »
That is either a really nice or really lenient municipality.  :)
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