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March 30, 2023

Guide For Homes

Guide For Homes

Plan of Action for Property Purchases

For: Tax Sale, Sheriff Auctions and Public Guardian & Trustee

Step One: Find out assessed property value: MPAC.ca

Step Two: Find out the tax rate and specific implications for the property.Good to find out the mill rate and enquire about any levies or special assessments.

Step Three: Evaluate whether the assessed value is at least twice the amount we need to bid to obtain the property through tax deed, tax sales, sheriff auction or public guardian listing.

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