June 16, 2012 Ontario Tax Sale Property Listings

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MUNICIPAL ACT, 2001
SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE TOWNSHIP OF TEHKUMMAH
Take notice that tenders are invited for the purchase of the land described below and will be received until 12:00 p.m. local time on July 5, 2012, at: The Corporation of the Township of Tehkummah, 456 Highway 542A, Tehkummah, Ontario P0P 2C0.

The tenders will then be opened in public on the same day at 12:05 p.m. at the Tehkummah Municipal Office, 456 Highway 542A, Tehkummah, Ontario.

Description of Land:
Roll No.: 51.01.000.001.18900.0000
PIN 47130-0381(LT)
Lot 29 Con 7 Tehkummah; Tehkummah
Minimum Tender Amount: $7,560.65

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least twenty per cent (20%) of the tender amount.

Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.

This sale is governed by the Municipal Act, 2001, and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.

The municipality has no obligation to provide vacant possession to the successful purchaser.

For further information regarding this sale and a copy of the prescribed form of tender contact:
Patsy Gilchrist,
Clerk-Treasurer
The Corporation of the Township of Tehkummah
456 Highway 542A
General Delivery
Tehkummah, Ontario P0P 2C0
(705) 859-3293

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Every year Ontario municipalities offer hundreds of tax sale properties for sale for prices that are a fraction of market value. By law, municipalities do not have to get market value for the property

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Looking at past tax sales can provide valuable insight. You can see what types of properties were sold, what the minimum bids were, and how much they ultimately sold for.This information helps you set realistic expectations and plan your own bidding strategy.Contact us to learn more about past sales data and trends 📈 ... See MoreSee Less
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What Happens After You Win?💭 Winning a tax sale tender is just the beginning. After you’ve paid the balance and the deed is transferred, you officially become the owner.From there, you may need to handle repairs, secure the property, or begin plans for development. It’s the start of a new chapter, and preparation will help you succeed.Want to know what comes next? Contact us to learn more! ... See MoreSee Less
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Deadlines matter in tax sales. From submitting your tender to making the final payment, missing a date can mean losing your chance to purchase or forfeiting your deposit.Always mark deadlines clearly in your calendar, set reminders, and give yourself extra time to avoid last-minute problems.Stay on top of important dates by visiting OntarioTaxSales.ca ... See MoreSee Less
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