City of Fort St. John selling property with three years back-taxes

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first_imgThere are 35 properties across the city on the list, each of which is coupled with the current address of the lot and minimum bid.The minimum bid – or “upset price” is a combination of the total three years of back taxes, interest and administration fees.The owner of these properties have one year to get together the money they owe, at which point, if successful, the bidder gets their money back plus interest, but if it isn’t paid back during the one year time frame, the property is sold to the highest bidder.- Advertisement -“The successful bidder on each property must immediately pay in cash, interact, money order, certified cheque – a minimum no less than the upset price,” Shirley Collington from the City of Fort St. John said in written statement.Collington goes on to say that failure to pay the balance, no later than 3:00 p.m., will result in the property being offered for sale again.The Annual Tax Sale Auction is being held at City Hall on Monday September 29, beginning at 10 a.m.Advertisementlast_img

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