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Tax Sale Property in Albert Westmorland, New Brunswick
Corner of Cumberland/Reginald, City of Moncton
PAN: 06412506 ‐ PID: 70509617

Property Unique ID: k49qDw42

  • Status: Inactive
  • Sale Type: Public Auction
  • Tax sale date: Apr 29, 2022
  • Release date: Apr 06, 2022
  • Province: New Brunswick
  • Municipality: Albert/Westmorland
  • Address: Corner of Cumberland/Reginald, City of Moncton
  • PAN: 06412506
  • PID: 70509617
  • 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? No
  • Other structure on the property? No
  • Farmland? No
  • Residential? Unknown
  • Commercial or industrial? Unknown
  • Vacant land? Unknown
  • Redeemable 30 days
Title Search Report

Title Search Report

Do you want to know everything about the property before buying it?

Find out what mortgages, liens, etc. will affect the property after the tax sale.

The listed price is for a single pin; for multiple pins within a tax sale, reach out to us to determine the cost of a title search.

$149.95
Available only for active tenders

Become a member and save save more than 50% on every Title Search Summary purchase!

Minimum Bid

$0.00

Assessed Value

Unknown

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  • Property Unique ID: k49qDw42
  • Published: April 12, 2022

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Description

Please be informed that the Municipality doesn’t provide a minimum tender amount for this property. It’s at the bidder’s discretion to define the bidding price for this auction.

Terms and Conditions

  1. For complete metes and bounds description of the real property refer to schedules posted at the Service New Brunswick Centres.
  2. The real properties are to be sold for nonpayment of taxes in accordance with the provisions of section 12 of the Real Property Tax Act, and are subject to a ninety day redemption period, pursuant to section 13 of the Real Property Tax Act.
  3. Terms of Sale: Full payment immediately following sale by cash (Canadian Funds) or cheque at the local Service New Brunswick Office
  4. The prospective purchaser should make all inspections and investigations they consider necessary, including a search of title.
  5. The real properties will be sold on an “as is” basis and the Province will make no warranty whatsoever with regard to title.
  6. The highest or any bid not necessarily accepted.

Date: April 29, 2022 at 1:00 p.m.

Location: Crowne Plaza Moncton, 1005 Main Street, in the City of Moncton

Legal Description

Cambridge Developments Ltd.; Corner of Cumberland/Reginald , City of Moncton; Subdivision 27278416 Parcel A; 2022; 06412506; 70509617

Images

Tax Sale Albert Westmorland, New Brunswick - 06412506 Tax Sale Albert Westmorland, New Brunswick - 06412506 Tax Sale Albert Westmorland, New Brunswick - 06412506

We cannot guarantee accuracy of the pictures and the borders of the tax sale land.

Location on Map

Corner of Cumberland/Reginald, City of Moncton

New Brunswick tax sale properties buyer's guide

Before you go for a tax sale public auction you should consider the following:

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? 

  1. 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. In order to get as many details about the property as possible, you will need to obtain an up-to-date Title Search Report. Members can order reports directly from www.taxsaleshub.ca. 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. 

  1. 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. 

  1. 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.
  2. 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. 

  1. We recommend retaining a lawyer to protect your interests before submitting a bid.
  2. Decide how much you are willing to pay for the property

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.