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Local News

July 17, 2013

County to auction tax-delinquent land

(Continued)

When that happens, Bachman said, the properties are offered to the second highest bidder.

Bresee said the total assessed values of the properties to be auctioned off this year comes to more than $2.8 million. The total amount of delinquent taxes on those properties is $665,802.35. That total, she said, was driven up by one property in particular — the West End Body Shop, whose unpaid taxes and penalties amount to about $117,000.

Last year, Bresee said, the county did very well, collecting $701,850 at the 2012 auction for parcels whose collective tax delinquency amounted to $444,302.49. That meant the county profited to the tune of $257,547.51, she noted.

The properties will sell for whatever the top bid is that the auctioneers can get, plus fees that are associated.

“It all depends on who shows up,” said Atwell. “Sometimes, it becomes a bidding war between two prospective buyers interested in the same parcel.”

About six of the properties being offered for sale are currently occupied, information that will be flagged on the auction brochure expected to be printed later this week, the officials said. If eviction proceedings are necessary to force the removal of those occupants, that responsibility falls to the person who buys the property, they said.

Prospective buyers are not required to attend the sale in person, as the auction company accepts internet bids.

All of the procedures, terms of the sale, information about the buyer’s premium and the down-payment rules are explained on the web site www.nysauctions.com. The full payment must be received by the Treasurer’s Office within 30 days of the auction.

The properties can be viewed in person on Aug. 13, during time slots that will be posted on the auction web site by Aug. 10.

Oneonta Town Supervisor Robert Wood said he’s very hopeful there will be buyer interest in the former West End Body Shop. “No one wanted ownership of it before, so we’re very happy to see it going back on the market and become what we hope will be a revenue generating property again.”

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