CBRM Tax Sale

[IAMCAPER]

Anybody interested in purchasing tax sale land/dwellings, feel free to check out the list of available items:

CBRM Tax Sale

[Chiz]

Im curious in the process of how these are sold, and how much less do they averagely go for? I live in Halifax working but would love to buy land in North Sydney because it seems to me that prices are on the rise in that area and i fear that they will only get higher... and i would like to eventually have my own place there... i travell to north syd every weekend to visit my gf and family and only work in halifax because i wouldnt be able to find a job this good in cb... well it wouldnt be easy to find or get lol. Anyone have any knowledge with this or have bought tax sale propertys that can give me some advice?

Thanks

[IAMCAPER]

Hey Chiz,

Welcome back. The properties are sold during an auction so the price is basically the minimum. Taxes, interest and cost owing (the amount advertised) to be paid at the time of sale by cash, money order, debit, certified cheque from the bank (a cheque will not be accepted if not certified), or a lawyer’s trust cheque, balance of your bid to be paid within three (3) days after the sale, plus $ 150.00 Deed Registration to be paid at the time of sale.

Take notice that tax sales do not in all circumstances clear up defects in title. A tax deed conveys only the interest of the assessed owner, whatever that interest may be. If you are intending to clear up defects in the title of your property by way of a Tax Sale, you are advised to obtain a legal opinion as to whether or not this can be done. You are advised that the recoverable costs of a tax sale can be considerable.