- Tax Sales Hub
- Alberta
- Whitecourt
- W46owojy
Tax Sale Property in Whitecourt, Alberta
5411-46 st.
LINC: 0017341595
‐ SHORT LEGAL: 4811KS;2;7
Property Unique ID: W46owojy
- Status: Inactive
- Sale Type: Public Auction
- Tax sale date: Mar 01, 2021
- Release date: Jan 15, 2021
- Province: Alberta
- Municipality: Whitecourt
- Address: 5411-46 st.
- LINC: 0017341595
- SHORT LEGAL: 4811KS;2;7
- Property size: Unknown
- Zoning: Unknown
- Near water? No
- Property on a lake or a bay or a river? No
- Waterfront? No
- Accessible by public/private road? Yes
- House or cottage on the property? Yes
- Other structure on the property? Unknown
- Farmland? No
- Residential? Unknown
- Commercial or industrial? Unknown
- Vacant land? Unknown
- Redeemable No
Minimum Bid
$0.00Assessed Value
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Description
The Town of Whitecourt will offer for sale, by public auction, in the Council Chambers of the Forest Interpretive Centre, 3002 33 Street, Whitecourt, Alberta, on Monday, March 1, 2021, at 10:00 a.m.
Each will be offered for sale, subject to a reserve bid and to the reservations and conditions contaparcel ined in the existing certificate of title.
The land is being offered for sale on an “as is, where is” basis, and the Town of Whitecourt makes no representation and gives no warranty whatsoever as to the state of the parcel nor its suitability of the lands for any intended use by the successful bidder.
The Town of Whitecourt may, after the public auction, become the owner of any parcel of land not sold at the public auction.
Terms: Cash or certified cheque, 10% deposit to accompany auction bid, with sale transaction completion in 30 days. GST will apply if applicable.
Redemption may be effected by payment of all arrears of taxes and costs at any time prior to the sale.
Legal Description
23X263; Current Title; 0017341595; 4811KS;2;7; Surface; 03/05/1973; 18/04/2017
Images
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We cannot guarantee accuracy of the pictures and the borders of the tax sale land.
Alberta tax sale properties buyer's guide
Before you go for a tax recovery public auction you should consider the following:
Before you make a final decision to buy a property at a public auction, be aware that it is up to you to examine this property to see if it is a good investment and to investigate the statutory requirements and tax recovery public auction provisions. Is the property subject to attributable holders' easements, limits and/or adverse possession? Does the condition of the property, land use, zoning, etc. fit into your property plans?
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This process is buyer beware. You must undertake due diligence with respect to all aspects of the property.
Therefore, it is important to do your homework before a public auction. We highly recommend you to check the title and encumbrances to see what will stay on the title and become your duty after the public auction.
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You should check if there are any Federal or Provincial liens on title. We recommend you do a title search before going for a public auction.
A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It'll be ready in 1-2 business days. The Report will tell you if any encumbrances will remain against the property after the tax sale. Be aware that if you purchase a property, you will acquire the land free of all encumbrances, except Crown interest, irrigation or drainage debentures and other items listed in section 423(1) of the Alberta Municipal Government Act.
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You may drive past the property, but site visits are not available.
Use Google Maps Street View on the property page to have a closer look. Since Google Maps photos could be deprecated and if the property you are interested in is not so far, it's a good idea to drive there and have a look yourself.
IMPORTANT: YOU ARE NOT ALLOWED TO GO ON PROPERTY TERRITORY.
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There is no vacant possession. The successful bidder will not receive a key to the property. The successful bidder is responsible for the eviction process if necessary.
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You should investigate zoning, planning or building restrictions, and work orders.
Some municipal websites have a "Find Your Zoning" page, where you can find out zoning by the roll number. And, of course, you can always go to City Hall and do your research.
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We recommend retaining a lawyer to protect your interests before submitting a bid.
In order to determine what interests will affect a property after a public auction, you will need to obtain an up-to-date title search report. Members can order reports directly from our site. An in-house title report specialist will prepare a "Title Search Report" in simple, easy-to-understand language. The Report will tell you if any encumbrances will remain against the property after the public auction.
By having a Title Search Report updated 1-2 business days before the auction is going to be held, you will be able to see if any new mortgages or other significant interests against the property have been registered since your first search was conducted. You might find that they have and decide not to go for a public auction.
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Decide how much you are willing to pay for the property
It’s up to the municipality to announce or not to announce the reserve selling price (minimum auction bid). The reserve bid is set at a level that is as close as reasonably possible to the market value of the parcel. Before going for a public auction, you should decide the maximum amount you are willing to pay for a property.