AUCTION SCHEDULED
ANNUAL PROPERTYTAX SALE
AUCTION SCHEDULED
ANNUAL PROPERTYTAX SALE
MONDAY, OCTOBER 7, 2024
Council Chambers | 10:00AM
City Hall | 2185 Voght StAs per the Local Government Act (RSBC 2015) Part 16, Division 7, parcels of property with unpaid delinquent taxes shall be offered for sale by public auction unless the taxes with interest are paid by October 4, 2024.
The City is required by the Local Government Act to advertise and conduct a Tax Sale on all properties whose taxes have not been paid for 3 years. Property owners with delinquent taxes are notified directly. If taxes remain unpaid, their properties will be advertised for sale 2 weeks or more prior to the Tax Sale date. On sale date, a public auction is held to liquidate the property.
A list of the delinquent properties will be posted early September. If all delinquent property taxes are fully paid before the tax sale date, this auction will be cancelled.
1838 QUILCHENA AVENUE; 012-320-595; LOT: 4; BLOCK: 25; PLAN #: KAP448; DISTRICT LOT: 125; $10,160.01
We cannot guarantee accuracy of the pictures and the borders of the tax sale land.
Before you make a final decision to buy a tax sale property, be aware of the following:
The municipality does not hold the title of the estate or any other matter concerning the lands to be sold. The property value can be much higher or much less than the minimum bid.
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 sale provisions.
Therefore, we highly recommend you to check the title and executions to see what will stay on the title and become your duty after the execution. Is the property subject to attributable holders' easements, limits and/or adverse possession? Do the condition of the property, land use, zoning, etc. fit into your property plans?
Therefore it is important to do your homework before a public auction.
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.
A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It'll be ready in 1-2 business days. Most charges will be removed if the property is transferred at the end of the year of redemption, but ones that will be transferred to you as the new owner will be any senior government liens (i.e. Province of BC or Government of Canada). All other mortgages and charges will be removed before ownership is transferred to you.
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.
In order to determine what interests will affect a property after a tax sale, 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 tax sale.
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.
Since the tax sale is held as a public auction, others will likely be bidding. The person with the highest bid will be permitted to purchase the property. No one else will be given the opportunity to make the purchase. You should decide the maximum amount you are willing to pay for a tax sale. The amount has to be no less than the minimum bid set per property.