We Buy Houses

Dear property seller,

We buy houses from homeowners who are experiencing the maddening frustrations–of trying to sell their homes quickly, and make a decent profit on the deal.We buy houses cash

 

*People tend to put down a big investment on their homes, yet are disappointed; and even became frustrated upon the realtors’ insistence on drastic changes to get a fast sale.

We Buy Houses

We are interested in buying houses from frustrated homeowners who want to have a quick sale for cash Perhaps due to some unforeseen job transfer that could quickly leave them with two expensive mortgages if they are unable to sell fast. These people need the relief of a quick home sale instead of the devastating consequences they could face if they fail to make their payments on time.

* People call the “We Buy Houses” companies mainly due to the fact that they give up on all the hassles that their realtors require them to do; such as paint this room, reorganize their furniture, vacate the premises at the last minute showing house out from under them.

Foreclosure Power of SaleThat’s where we come in. We offer Canadians a quick estimate and a fast close. Sometimes we purchase homes which don’t even need fixing, where others advertise unwanted homes.

No matter what your circumstances are, you only need to know that we purchase homes in any condition, offer cash payments and quick closing.

Instant Cash for your Houses, It’s crucial that working with us you will never be frustrated as we’re getting the best cash offer for your home.

Home owners Avoid

  1. Foreclosures
  2. Power of Sale
  3. Seizure
  4. Tax Sale
  5. Sheriff Sale
  6. Court Case
  7. Eviction
  8. Law Suits
  9. Sellers who can’t sell or whose listings expire
  10. Sellers who are divorcing
  11. Bankruptcies
  12. Homes in Probate
  1. Homes in Foreclosure
  2. Sellers whose employers transfer them
  3. Owners who are evicting tenants
  4. Vacant Homes
  5. Trashed or damaged homes
  6. Haunted Houses
  7. Murder
  8. Stigmatized Houses
  9. Grow ops
  10. Meth Labs
  11. Abandoned Houses
  12. No-Commission

All paper work approved in writing by your Lawyer FIRST

It is crucial to know that you are treated with fairness only, and can get close to what you want for your home, so you can close the selling process quickly.

We Buy Houses

Professional Real Estate Investors Group (PREIG) CanadaWe are a professional network of Professional Real Estate Investors Group (PREIG) Canada specializing in buying homes online just like yours honestly, quickly, and with out hassles.  We will even buy those ugly, run down homes.

Our specialty is streamlining the entire home sale process online. Call us today if you want a quick, easy and painless home sale!

The process is simple. Just choose which method you prefer to contact us and follow the easy instructions.  Simply submit your information when you are done.

The professionals at We Buy Houses For Cash can provide you with a fair offer on your house quickly and at a great cash price. We acquire houses in any condition, any area, and any price range! We promise to offer a professional and courteous approach while giving various options to buy your property.

Yes! As we understand your present difficulties, and provided we have full disclosure, we buy ESTATE properties “as is” condition.

Facing Foreclosure or Power of sale or other creditors are threatening.We can help to resolve by simply buying your house.

We take your privacy very seriously. Your information will only be viewed by investors associated with We Buy Houses For Cash. Simply contact us with your information below and we will get in touch with you.

Please call us at 1-416-409-7300 (Text messages are OK or send us email at nav4164097300@gmail.com 

We buy houses

We Buy Houses for CASH & Serving you all across GTA, Canada and the following locations

Alberta

  • Calgary
  • Edmonton
  • Ft Mcmurray
  • Lethbridge
  • Medicine Hat
  • Peace River Country
  • Red Deer

British Columbia

  • Cariboo
  • Comox Valley
  • Fraser Valley
  • Kamloops
  • Kelowna-Okanagan
  • Kootenays

British Columbia

  • Peace River Country
  • Prince Geroge
  • Skeena-Bulkley
  • Sunshine Coast
  • Vancouver, Victoria
  • Whistler-Squamish

Ontario

  • Barrie
  • Belleville
  • Brantford
  • Brampton
  • Brockville
  • Chatham-Kent
  • Cornwall
  • Gatineau
  • Guelph
  • Hamilton
  • Kapuskasing
  • Kenora
  • Kingston
  • Kitchener
  • Leamington
  • London
  • Muskoka
  • North York

Ontario

  • Norfolk County
  • North Bay
  • Ottawa
  • Owen Sound
  • Peterborough
  • Renfrew County
  • Sarnia
  • Sault Ste. Marie
  • Scarborough
  • St. Catharines
  • Sudbury
  • Thunder Bay
  • Timmins
  • Toronto (GTA)
  • Vaughan
  • Windsor
  • Woodbridge
  • Woodstock

All Provinces

  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland & Labrador
  • Nova Scotia
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan.

Fill the form below or please text us at 1-416-409-7300 especially facing eviction, seizure, power of sale, foreclosure..

Fields marked with * are required

In case it is emergency, please call or text +1-416-409-7300

Sell Your House for FAST CASH

If you are a property owner and in need of instant cash, sell your house for FAST CASH with Professional real estate investors group (PREIG) Canada.  PREIG Canada members with extensive knowledge, background and training; support we buy houses in Canada.Self Directed RRSP Mortgages

You might be aware of advertisements on Canadian real estate investors who purchase houses for cash entirely with fast closing to satisfy the needs of sellers. You may ask yourself what sort of business is buying houses? There are several reasons for buying houses in Canada and so, for selling houses.

we buy housesWhen we buy houses in Canada, we repair the house then sell it for a profit. We are able to get the repairs done for a very cheap price as construction companies offer specialized discounts to people who offer them a lot of work. The house is sold when repairs are completed. Afterwards, we buy more houses, fix and resell them. It is called fixing and flipping houses in Canada.

You might be asking yourself: How come the property owners wants to sell his/her home to Canadian real estate investors for a cheap price. There could be many reasons behind it, which include situations not under their control. Some reasons for which the property owners become panic sellers include deaths, loss of job, drugs etc.

We buy houses for CashThe reason we buy houses in Canada is because some people are in dire need for quick cash due to foreclosure, power of sale, delinquent payments, tax arrears, judgements, liens and or property requires a lot of repair or updating.

Sometimes it is because someone got a job and needs to move elsewhere. Another reason could be the divorce of a couple and selling the house would facilitate the liquidation of assets.

The reason for Canadian homeowners to sell their houses to Canadian real estate investors is to avoid going through a lengthy process of a real estate agent. It is very costly for the homeowner to hire an agent, manage the costs of repairs and the commission of agent which could be avoided in case of a cash buyer.

wE BUY HOUSES

If Canadian homeowners sell their houses privately, it may not be the best option. Simply selling your home to a cash buyer would facilitate the process heavily, rather than having to perform repairs and allow unknown people into the house.

We buy houses in Canada by simply giving the owner cash and taking the property. It is very easy and does not involve any difficulties or costs.

If a Canadian homeowner wants to sell his/her house to a cash buyer, he/she can simply call them to take a look at their house. Canadian real estate investor would make an offer after looking through the house. A closing date would be set by both parties after they have negotiated the price. The investor or their lawyers will make all the paperwork. The entire process might last for only a few days.

If you wish to sell your house immediately, you would have many advantages of selling it to a cash buyer.

Sell Your House for FAST CASH

The main reasons for using a Canadian real estate investor include:

You do not need to put your house on the market by yourself
2. It is a long process to go and sell it through an agent
3. You are not obliged to pay any commission
4. In order to qualify for a mortgage, you do not have to wait for anybody
5. You can avoid power of sale and foreclosure
6. You can avoid consumers proposal or bankruptcy
7. You don’t have to set appointments with buyers
8. No commission means more savings for the seller.
9. We buy houses for cash in Canada “as-is” and “where-is”
10. No need to repair
11. Fire, water or wind damage properties
12.  Basement with leaks
13. Tenants that are not good
14. Property need to be repaired
15. Dead parents house for sale

16.Tax sale
17. Auctions
18. Services for relocation
19. Partner buys out
20. Stigmatized properties
21. Ex grow op
22. Former meth labs
23. Ghost Houses
24. Deficient of cash to finish the repairs
25. Personal problems
26. Drugs, addiction or sickness
27. Presently need cash
28. Traveling
29. Problems related to family
30. Anything else –  incidental

Overall selling to a Canadian real estate investor is the best option; it doesn’t involve a middleman and finishes much quicker. If the homeowner chooses to sell his/her house to a cash buyer, the process would be much quicker than having an agent sell it. That is the reason we buy houses for cash in Canada. Call or text us at 1-416-409-7300

Serving Canadians who are in desperate need to sell their property.

We can HELP !! We also BUY HOUSES. Please call:

Sell Your House for FAST CASH

P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more!

Are you a Canadian real estate Investor? Join Canada’s largest real estate investors club now.

Sell Your House for FAST CASH

Sell Your House for FAST CASH & Serving you all across GTA, Canada and the following locations:

Alberta

  • Calgary
  • Edmonton
  • Ft Mcmurray
  • Lethbridge
  • Medicine Hat
  • Peace River Country
  • Red Deer

Ontario

  • Barrie
  • Belleville
  • Brantford-Woodstock
  • Chatham-Kent
  • Cornwall
  • Greater Toronto Area
  • Guelph,
  • Hamilton-Burlington
  • Kingston
  • Kitchener-Waterloo-Cambridge
  • London, Niagara Region
  • Ottawa-Hull-Gatineau
  • Owen Sound
  • Peterborough
  • Sarnia
  • Sault Ste Marie
  • Sudbury. Thunder Bay
  • Toronto
  • Windsor

British Columbia

  • Cariboo, Comox Valley
  • Fraser Valley
  • Kamloops
  • Kelowna-Okanagan
  • Kootenays, Nanaimo
  • Peace River Country
  • Prince Geroge
  • Skeena-Bulkley
  • Sunshine Coast
  • Vancouver
  • Victoria
  • Whistler-Squamish

All Provinces

  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland & Labrador
  • Nova Scotia
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan.

Fill the form below or please text us at 1-416-409-7300 especially facing eviction, seizure, power of sale, foreclosure..

Fields marked with * are required

In case it is emergency, please call or text  +1-416-409-7300

We Buy Houses In Canada

Professional real estate investors group (PREIG) Canada helps fellow Canadians in need and we buy houses in Canada for cash with fast closing. We buy houses in Canada to provide instant cash, fast closing to avoid foreclosure, eviction and help fellow Canadians to downsize and move forward.We Buy Houses in Canada

Here at Preig Canada, we understand the urgency of time and money. We  will make a written offer for you to review it with your real estate lawyer and get independent legal opinion.

With deep roots and insights in finance and Canadian real estate, we have helped innumerable Canadians to sell their homes without much of hassles whatsoever.

 

We buy houses in Canada

We are cash home buyers. The reason you want to sell your home for cash and fast is important to us to make sure that you are able to move forward. We are here to help.

We buy house due to Canadian Home owners are facing one of following challenges;

  1. Behind mortgage payments
  2. Needs cash now
  3. Bank/Lender refuses to renew mortgage
  4. Demand letter by the bank, pay up or get sued
  5. Avoid eviction orders by court
  6. Missing mortgage payments
  7. Unemployed
  8. Laid off
  9. Property requires renovation
  10. Work orders by city inspectors
  11. Avoid seizure of your property
  12. Behind Taxes with Canada Revenue Agency
  13. Foreclosures
  14. Right to redeem (power of sale/foreclosures)
  15. Non renewable of Mortgage
  16. Fire damage properties
  17. Power of sale
  18. Tax Sale
  19. Sheriff Sale
  20. Court case
  21. Eviction by Sheriff
  22. Law suits
  23. Expired MLS listings
  24. Divorce
  25. Bankruptcies
  1. Homes in probate
  2. Family problems
  3. Sickness
  4. Poor health
  5. Pay off debts
  6. Accidents
  7. Downsize
  8. Old age
  9. Sellers whose employers transfer them
  10. Owners who are evicting tenants
  11. Vacant homes
  12. Trashed or damaged homes
  13. No-Commission
  14. Fire damaged properties
  15. Estate Sales
  16. Death
  17. Drugs
  18. Grow Op houses
  19. Meth labs
  20. Murder
  21. Stigmatized properties
  22. Flood/wind damage properties
  23. Seized properties
  24. Auctions

All paperwork approved in writing by the home owners Lawyer FIRST.

We Buy Houses In Canada

What is important is that you are treated fairly with respect and dignity and get out of the situation really fast.We Buy Houses in Canada

With a considerable experience, expertise, knowledge, and vital industry exposure, Professional real estate investors group (PREIG) Canada is always successful in assisting Canadians to sell their properties without much of hassles.

Foreclosure Power of SaleBy doing so, we have helped innumerable Canadians in need of money get quick cash. We buy any and almost every type of homes and properties. Therefore, Canadian property owners who must sell due to relocating or need fast cash owing to an urgent need, want to sell properties without involving in lengthy and cumbersome procedure.

We buy homes in Canada in any condition and irrespective of the location and condition. Despite the price range and condition of the property, we help Canadian property owners dispose of the property right away. Moreover, we offer no obligation offer to enable Canadian home owners to make the right decision for them.

Professional real estate investors group (PREIG) Canada is the best resource for those who want to know how to sell their house in Canada for quick cash and fast closing.

About Professional real estate investors group (PREIG) Canada

Professional real estate investors group (PREIG) Canada is known to provide a win-win situation to those who are in a dire need of money and want to sell their home fast.

We Buy Houses in Canada

Let us help you. Contact us now!

Serving you all across GTA, Canada and the following locations:

Alberta

  • Calgary
  • Edmonton
  • Ft Mcmurray
  • Lethbridge
  • Medicine Hat
  • Peace River Country
  • Red Deer

British Columbia

  • Cariboo
  • Comox Valley
  • Fraser Valley
  • Kamloops
  • Kelowna-Okanagan
  • Kootenays

British Columbia

  • Peace River Country
  • Prince Geroge
  • Skeena-Bulkley
  • Sunshine Coast
  • Vancouver, Victoria
  • Whistler-Squamish

Ontario

  • Barrie
  • Belleville
  • Brantford
  • Brampton
  • Brockville
  • Chatham-Kent
  • Cornwall
  • Gatineau
  • Guelph
  • Hamilton
  • Kapuskasing
  • Kenora
  • Kingston
  • Kitchener
  • Leamington
  • London
  • Muskoka
  • North York

Ontario

  • Norfolk County
  • North Bay
  • Ottawa
  • Owen Sound
  • Peterborough
  • Renfrew County
  • Sarnia
  • Sault Ste. Marie
  • Scarborough
  • St. Catharines
  • Sudbury
  • Thunder Bay
  • Timmins
  • Toronto (GTA)
  • Vaughan
  • Windsor
  • Woodbridge
  • Woodstock

All Provinces

  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland & Labrador
  • Nova Scotia
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan.

Fill the form below or please text us at 1-416-409-7300 especially facing eviction, seizure, power of sale, foreclosure..

Fields marked with * are required

In case it is emergency, please call or text  +1-416-409-7300

Power of Sale Notice

Being a Canadian Real Estate Investor one should be aware of the Ontario Mortgage Act which have rights and privileges for the lender(bank) as well as the home buyer. As a professional Real Estate investor you will find knowing the Ontario Mortgage act gives you the edge to assist the distressed home owner as well as help the lender to resolve by doing so making a huge profit for themselves. When a home owner defaults the lender (bank) have the right to call off the mortgage and collect all the delinquent payments along with legal fees, administration fees, property management and the court costs. Since a default becomes a dispute, both the property owner and lender have to follow certain law to protect each other’s rights.Power of sale notice is issued by the lender upon default.

power of sale noticeContinue reading

Power Of Sale Notice Requirements

Recipient Of Power of Sale Notice Ontario

In Ontario Real Estate Investing, under the Mortgage Act Section 31, it is stipulated that a notice of power of sale must be given to every party appearing by the registered of ownership and by the index of executions to have interest of the mortgage property.

The recipient of the notice of power of sale should be given to the following parties:

Continue reading

Selling Their Own Home In Canada

selling home canadaPrivate sale is the new concept when it comes to the real estate market, according to new research commissioned by Kijiji Canada. The study revealed that 61 per cent would like to selling your own home in Canada on their own if it was easy and more affordable than using a Realtor. 22 % Canadians who have sold a home in the past have sold a home on their own at least once.

Selling Home Canada

selling home canada

“This research corresponds with what we’re seeing on social media sites when it comes to the for private sale of the properties in Canada,” says  Navtaj Chandhoke, founder of World Wealth Builders, a Canadian Real Estate Investors Training company.” This is getting very common among Canadian Savvy Real Estate investors too”.

According to the new research:

  • Nearly three-quarters (72 per cent) of those who believe decluttering is important didn’t actually purge their home of many items before selling.
  • A large majority (86 per cent) of those who believe conducting renovations is important before selling a home didn’t do any when selling their home.
  • A large majority (86 per cent) believe staging is important, but 61% of those who think it’s important didn’t do it.

Top tips to beautify your digs

The survey also found that the majority (62 per cent) of Canadians are doing minimal maintenance to prepare their home. But when it comes to the sale itself, not everyone feels they are getting a fair price (21 per cent), often because they didn’t take the time.

Following some simple tips to get more:

  1. De-clutter your domicile: De-personalize your home before showing it, and the first step in this process is to de-clutter. Moving is an excellent time to do this anyway, as you really don’t want to be stuck transporting more than you have to. Stop, take stock of what you really use, and get rid of what you don’t need.
  2. First off, fix it: When a potential buyer notices that broken drawer or leaky faucet, you can lose the sale. Correcting minor problems are worth the small investment to help seal the huge deal. The impression of a house in disrepair can jeopardize a sale.
  3. Stand out with staging: The research shows that many Canadians are already savvy stagers, with 33 per cent taking steps to properly prep their property. A few small steps can make all the difference:
    • De-personalize: remove items such as trophies, children’s artwork, and family pictures.
    • Neutralize: What may be appealing to you may not be so appealing to someone else. Allow prospective buyers to envision your home with their preferred colours, artwork, and furniture by keeping things as neutral as possible.
    • Sweat the details: For open houses, it’s important to add a little extra something with things like scented candles, a bowl of fruit, and accent pillows.
  4. Curb appeal It’s really just common sense. This is where you make your first impression. Think of it like a job interview. Closely consider your home’s exterior and make sure bushes are pruned, grass is trimmed, and paint isn’t peeling. You want your home to look cared for and inviting.
  5. Professional inspection: Instead of waiting for a potential buyer to find something wrong, invest in a professional inspection. It’s your best way of finding and fixing deficiencies before a potential buyer discovers them and walks away forever.

Real estate by the numbers

Who’s the savviest at selling their own home? What community has bought and sold the most homes? When it comes to real estate know-how, the survey also reveals interesting differences from coast-to-coast:

  • British Columbians are savvy salespeople. Sellers in BC have sold the most homes on their own than any other province, at 31 per cent. The province also has the highest percentage reporting that they plan to sell within the next year, at 17 per cent.
  • Staging separation. When it comes to self-staging, sellers in Alberta have done in the most at 39 per cent, versus their Saskatchewan neighbors, who self-stage the least at 14 per cent.
  • People who purge. Sellers in Ontario seem to have the least trouble getting rid of items before selling their homes, at 37 per cent, while Quebeckers have the hardest time, at 19 per cent.
  • Who renovates the most in preparation for sale? Sellers in Atlantic Canada appear to be the most adept at 20 per cent.
  • Fair market value for whom? Atlantic Canadians are least happy with what their homes sold for, with 27 per cent of sellers reporting that their home sold for less than market value.

But while the Private sale trend may be trending up, many homeowners may not be prepared to do what it takes to get the best price when going it alone in the real estate market. Important pre-sale steps to take include de-cluttering, renovating, and investing in curb appeal.

selling home canada

Your success is our Passion!

Tax Sale properties Grande Prairie-Alberta

Nov 27, 2015 Tax Sale properties Grande Prairie-Alberta

Notice is hereby given that under the provisions of the Municipal Government Act, the City of Grande Prairie will offer for sale, by public auction, in the First Floor Conference Room at City Hall, Grande Prairie, Alberta, on Friday, November 27, 2015, at 9:00 a.m., the following lands:Tax Sale properties Grande Prairie

 

Legal Description Address of Property

1061AE 26 25, 26 10130 – 105 Avenue

2032BQ 2 14 10425 – 102 Avenue

2839KS 18 16 9307 – 107 Avenue

3546KS 3 14 9802 – 95 Street

3634KS 10 46, 47 9813 – 111 Avenue

6966KS 5 3 10420 – 110 Avenue

5780MC 14 54 8618 – 99 Street

6041RS 10 40 9518 – 87 Avenue

3478TR 6 16 9837 Prairie Road

7521146 10 3 9645 – 77 Avenue

7622144 17 139 9414 – 78 Avenue

7823145 1 29 11918 – 98 Street

8923057 5 40 9135 – 105 Avenue

9421552 13 29 7822 Michaelis Blvd

9423773 15 22 10620 – 78 Avenue

9822216 4 11 6225 – 90 Street

9824455 3 16 10501 – 119 Avenue

0124876 9 113 11010 – 88A Street

0323781 59 55 9820 – 67 Avenue

0324691 6 45 13002 – 93 Street

0420906 10 5 17 Pinnacle Close

0420906 11 12 50 Pinnacle Crossing

0521784 12 40 12918 – 89A Street

0523796 11 60 8701 – 65 Avenue

0622699 2 33 7009 – 89 Street

0720778 2 76 8829 – 71 Avenue

0721709 8 23 11489 – 69 Avenue

0722113 2 51 10342 – 123 Avenue

0724434 85 302 9229 Lakeland Drive

0227569 102 329 10150 – 121 Avenue

0227569 111 344 10150 – 121 Avenue

0828220 88 421 9120 – 96 Avenue

Each parcel of land will be offered for sale subject to a reserve bid and to the reservations and conditions contained in the existing certificate of title.

The City of Grande Prairie may, after the public auction, become the owner of any parcel of land that is not sold at the public auction.

Terms: Cash

Redemption may be effected by payment of all arrears of taxes and costs at any time prior to the sale.

Dated at Grande Prairie, Alberta, September 4, 2015.

Scott Smith, Assessment & Tax Manager.

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

Speaking Engagements

Navtaj Chandhoke can be your next key note speaker for real estate office meeting or Canadian real estate investment conventions, expos or trade shows.please contact us for topics and availability.

Please contact us directly at Pam@WorldWealthBuilders.com or 647-393-6100 to set up a session at your meeting or convention.

Reserve your seat now at

www.Flipping4Profit.ca

Tax Sale properties Grande Prairie

 

P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now at www.Flipping4Profit.ca and making sure you make the right choice to SHOW UP!!! Learn more to earn more about Canadian Tax sale properties.

To learn the strategies, techniques and Eye Witness Real Estate Investors Field Training. How to acquire Tax Sale Properties & Sheriff Sale Properties, Click Here

Your success is our Passion!

Acquiring Tax Sale properties in Canada

Secrets of Super Wealthy Professional Real Estate Investors part 1 of 10

Many provinces in Canada levy property tax on Real Estate based upon the current use and value of the land and this is the major source of revenue for most municipal governments in Canada. While property tax levels vary between municipalities in a province there is usually common property assessment or valuation criteria laid out in provincial legislation. The municipality has the right to collect property taxes owing even if they have to sell the property to recuperate the property taxes owing. These properties are never listed on MLS or Real Estate Brokers. This is another secret of super wealthy Professional Canadian Real Estate Investors and or Apprentices to acquiring Tax Sale properties in Canada.

Acquiring Tax Sale properties in Canada

The secret of super wealthy Canadian Professional Real Estate Investors and or Apprentices have used this secret to build huge wealth. The city or municipalities are not required to sell these properties at market value, instead they sell them for the amount of taxes owing. This way the Professional Real Estate Investors can buy a property for 10 cents a dollar. The key is to learn the act, law and the process to find and finance them and than make a great fortune.

Acquiring Tax Sale properties in Canada

What is a Canadian Property Tax Sale

Simply put, tax sales are public auctions where properties are sold to the highest bidder.  Throughout the year, cities, towns, villages, townships and municipalities, in each province, compile a list of properties against which taxes have been outstanding for at least two consecutive years.  After this two year period, the municipal treasurer prepares a tax arrears certificate and registers it against the property in question.

This certificate gives an accurate description of the property and indicates that the land will be sold by public sale if all taxes are not paid to the municipality within one year of the registration of the certificate.

In spite of the municipality’s efforts to collect these taxes, they often go unpaid and the properties are put up for auction, allowing the public and the super wealthy Canadian Professional Real Estate Investors and or Apprentices the opportunity to purchase these properties and this is how you get real bargains.  Property can be bought for as low as 10 cents on a dollar.

Professional Canadian Real Estate Investors and or Apprentices can buy property “free and clear” at a tax defaulted deed auction. These taxing agencies sell property to the highest bidder in an effort to recover the original taxes and costs due.

 Why the Canadian Property Owners don’t pay their Property taxes?

There are many reasons why properties are sold for non-payment of taxes. Some of the most common ones are financial difficulties, law suits, ignorance, death of an owner (with no apparent will or heir), owner living abroad and not realizing his/her obligations, owner moved and cannot be traced, disputes of ownership with no party resorting to the courts for settlement, etc….

How to become a Professional Canadian Real Estate Investor and/or Apprentice

Proper education and training makes all the difference!  By becoming an Apprentice of World Wealth Builders and a member of the Professional Canadian Real Estate Investors and or Apprentices website, you will have access to: 

    1. Current Listings of Tax Sale Properties being sold for delinquent taxes
    1. Sheriff sales (property seized by local authorities)
  1. Canadian Grants

The Property Tax Sale advertisements are gathered directly from many different sources including the websites of the city and the provincial courts. 

What kind of properties get SOLD In Canadian Tax sales

They can include vacant lands (such as bush lots and timberland), improved lands (such as farms, cottages and houses), commercial or industrial properties, and occasionally islands. They vary from small lots to large parcels, with hundreds of acres. 

How do the Professional Canadian Real Estate Investors and/or Apprentices BUY these properties at basement bargain prices

First you have to learn the proper law, act and its implementation including the exemptions. Proper education, training and knowledge in order to obtain where, when and how to do it is mandatory unless otherwise you want to buy a lemon….

There are two ways in which tax authorities sell properties: either by public auction or public tender, with sealed/closed bids.

Public Auction for Canadian Tax Sale Properties

This format is similar to other auction formats.  An auctioneer accepts bids from several bidders and then recognizes the highest bidder as the winner.  The place, date, and time of the auction will be clearly defined by the municipality and can be found in the auction advertisement on our website.

If you are the highest bidder, you will be required to pay the amount that was bid and any applicable land transfer tax to the auctioneer by money order, bank draft or certified check.

Public Tender for Canadian Tax Sale Properties

If you wish to submit a tender, you can ordinarily obtain a tender form the municipal office, which will be identified in the sale advertisement on our website. Your submitted tender should be accompanied by a deposit, usually 20 percent (but specified by the sale advertisement) of the tender amount, in the form of a money order, bank draft or certified check.

Your tender form, along with the deposit, should be enclosed in a sealed envelope, which is labeled as “tax sale for” and a short description or municipal address of the property to indicate which property the tender is for. Then, enclose that envelope in a second envelope, addressed to the treasurer of the municipality, as indicated in the sale advertisement and on our website.

The above article provides general commentary of an educational nature. It does not constitute advice for any specific person or any specific set of circumstances. Because circumstances vary, readers should consult professional advisers in order to obtain advice that is applicable to their specific circumstances.

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