More Than 200 Properties Available At Orange County Foreclosure Auction
Real Estate In-Depth | February 14, 2017
GOSHEN—Orange County Commissioner of Finance Karin Hablow and Director of Real Property John McCarey announced recently that Orange County will hold a tax foreclosure auction of more than 200 properties on Thursday, March 9.
The public sale will begin at 10 a.m. at the county’s Emergency Services Center at 22 Wells Farm Road in Goshen. Several improved properties to be featured in the auction will be available to preview on Wednesday, March 3. All auction information, including the entire list of properties and a copy of the auction e-brochure is available on the auction company’s website: www.NYSAuctions.com.
A printed auction brochure can be obtained by visiting Orange County’s Real Property Office at 124 Main St. in Goshen or at any Town Clerk’s office in Orange County. A pamphlet can also be acquired by calling 1-800-243-0061.
“We had a great turnout for our last auction in September and we are looking forward to another successful auction next month,” Hablow said. “I would encourage prospective buyers to do their due diligence on the properties and take advantage of the free informational seminars and property tours being offered in advance of the sale.”
Residents interested in buying real property at the auction are urged to access a free, pre-recorded audio seminar on the company’s website. The seminar can also be heard at 7 p.m. on March 7 at the Emergency Services Center. Registration will be held at 6 p.m. This informative seminar is facilitated by company representatives and is useful for those attending the county’s auction for the first time. There is a review of the auction’s “Terms and Conditions” and useful tips are provided to assist bidders in becoming more informed buyers. The seminar is a great opportunity to learn and to ask questions about the entire auction process.
Auction-day registration will begin at 8 a.m. To obtain a bidding number, prospective bidders must register by signing the “Terms and Conditions of the Auction,” form, providing photo identification (a valid driver’s license or passport) and furnish their social security number. (Incorporated entities will need their EIN number, a copy of the state incorporation filing receipt and a corporate resolution authorizing the registrant to bid.) The deed will be issued in the name that is on the registration, and ownership of the property is not conveyed until the deed is recorded in the Orange County Clerk’s Office.
Successful bidders will be required to tender a deposit equal to $1,000 or 20% of the total contract price (the sum of the bid price plus the Buyer’s Premium) immediately. The deposit must be paid by cash, bank teller/cashier check, money order or credit card (Master Card or VISA only). When a bank teller/cashier check or money order is used for the deposit, it must be made payable directly to “Orange County Commissioner of Finance,” with no further endorsement. Business checks and personal checks will not be accepted. All properties are sold “as is.”
Residents can also visit orangecountygov.com/realproperty for information about the auction. The NYSAuctions.com team is comprised of Absolute Auctions & Realty, Inc. and Haroff Auction and Realty, Inc. of Pleasant Valley, NY.
For more information about Orange County’s tax foreclosure auction, contact John McCarey at 845-291-2490 or Tax Auction Coordinator Jennifer Mensler at 800-243-0061.