The Daily Star, Oneonta, NY - otsego county news, delaware county news, oneonta news, oneonta sports

Local News

July 2, 2013

County plans to auction properties

(Continued)

Haroff said he will be traveling to Otsego County next week to post signs at the properties and to take photographs of the lots and structures. A sales catalogue is expected to be available by July 14 and will be posted online at www.nysauctions.com. Printed brochures will also be available at the county treasurer’s office in Cooperstown.

On the day of the auction, bidders may begin registering at 9 a.m. The sale will begin at 11 a.m.

Buyers, on the day of the sale, must put down at least $1,000 or 20 percent of the total transaction — the auction price and all associated fees — whichever amount is higher, Haroff said.

Bachman said he is hoping the county will recoup hundreds of thousands of dollars to offset the taxes that were never collected. By selling the properties, the county will e restoring those lots to the tax rolls, he noted.

By the time they are ready to be auctioned, Haroff said, delinquent properties are rarely occupied by the owners.

The auction is also open to Internet and telephone bidding, officials said.

At last year’s sale, Otsego County sold 50 properties through the Haroff-run auction.

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