Edmonton Tax sale auction properties late March 2016

Tax Sale Auction

The tax sale is a public auction of properties that have a tax recovery notification on title as a result of unpaid property taxes or outstanding charges for more than one year.

If required, the City of Edmonton holds a tax sale auction in April of each year in Council Chambers at City Hall.

All properties are auctioned at fair market value, as determined by an independent appraisal of each property.

How to remove your property from a tax sale auction

Prior to the public auction of properties, the City follows an extensive notification process. Properties are only placed on the tax sale auction if they are in arrears of taxes for more than one year.

If your property is included on the public auction listing, you must pay the full outstanding balance on your property tax account before the auction date to be removed from the sale.

Edmonton Tax sale auction properties late March 2016

How to purchase a property at a tax sale auction

Step 1. Review a list of properties available for sale at the upcoming auction.

A listing of properties is advertised in the Alberta Gazette on the last day in February.

The City starts listing properties in the 2016public auction listing in late March and continues to update the listing on a daily basis to remove properties that are no longer available for the tax sale auction.

The properties are also advertised in one weekend edition of the Edmonton Journal and Sun during the month of April.

Step 2. Review the notice of public sale of land and become familiar with the terms and conditions of sale.

Step 3. Review the public auction listing on the morning of the auction.

Ensure the property you are interested in has not been removed from the auction. If it is available, attend the auction to bid on the property.

For more information:

Property Tax Information

Telephone In Edmonton: 311

Outside Edmonton: 780-442-5311

TTY 780-944-5555

Email taxes@edmonton.ca

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

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Navtaj Chandhoke can be your next key note speaker for real estate office meeting or Canadian real estate investment conventions, expos or trade shows.please contact us for topics and availability.

Please contact us directly at Pam@WorldWealthBuilders.com or 647-393-6100 to set up a session at your meeting or convention.

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal, accounting, or investment advice. When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

Speaking Engagements

Navtaj Chandhoke can be your next key note speaker for real estate office meeting or Canadian real estate investment conventions, expos or trade shows. Please contact us for topics and availability.

Please contact us directly at Pam@WorldWealthBuilders.com or 647-393-6100 to set up a session at your meeting or convention.

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