- Tax Sales Hub
- Nova Scotia
- Inverness
- kjJEZKv4
Tax Sale Property in Inverness, Nova Scotia
AAN: 10501792
‐ PID: 50163047
Property Unique ID: kjJEZKv4
Documents Package
- Status: Active
- Sale Type: Public Auction
- Tax sale date: Dec 03, 2024
- Time left: 12 days
- Release date: Nov 09, 2024
- Province: Nova Scotia
- Municipality: Inverness
- Address:
- AAN:
- PID:
- Property size:
- Zoning:
Minimum Bid
$3,384.00 CADAssessed Value
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Description
Tax sale by public auction
The following lands situated in the Municipality of Inverness County will be sold for arrears of rates, taxes, interest and expenses at 10 am, Tuesday, December 3, 2024 at 375 Main St, Port Hood, Nova Scotia.
Payment by cash, certified cheque, money order, debit, bank draft or lawyer’s trust cheque to cover rates, taxes, interest and expenses must be made at the time of the sale.
The balance of the purchase price must be made within 3 days of the sale by cash, debit, certified cheque, bank draft, money order or lawyer’s trust cheque.
In addition, $200 is charged at the time of the sale to cover recording fees of the certificate of purchase and deed, refundable if the property is redeemed.
Legal Description
10501792; GREGORY WHITE-ESTATE; CABOT TRAIL TERRE NOIRE; $3,384.00; 50163047
Nova Scotia tax sale properties buyer's guide
Before you submit a tender you should consider the following:
Before you submit a tender for 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 tender minimum.
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 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.
You should check if there are any Federal or Provincial liens on the title. We recommend you do a title search before submitting your bid. A Title Search Report can be ordered from the tender page on www.taxsaleshub.ca. It will be ready in 2 business days.
We recommend ordering a title search report 5-7 business days before the tender to ensure that it includes all possible new mortgages or other significant interests registered against the property before it was listed for a tax sale.
2. 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.
3. 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.
4. 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.
5. You are responsible for any environmental concerns if there are contamination issues with the property.
6. We recommend retaining a lawyer to protect your interests before submitting a bid.