|
Return to Tioga
County Real Property
Tax Foreclosure |
Tioga County, New York Real
Property Tax Foreclosure GENERAL... 1. All properties offered at this auction have been foreclosed under Article 11 of the New York State Real Property Tax Law. 2. All properties are sold "AS IS - WHERE IS." Bidder shall be solely responsible for determining all conditions of the property prior to bidding. The County sells only its lien or interest. All deeds issued shall be by Quit Claim Deed only. The County makes no representation as to the quality of title, lot size, or conditions or existence of any or all improvements on any parcel. The County will not furnish an abstract of title or title insurance. 3. All references to mobile homes, manufactured housing, or any descriptions thereof are for identification purposes only. The County makes no representation as to whether or not the mobile home, manufactured housing, shall be considered attached to the property. All determinations as to the status of the mobile home, manufactured housing, shall be the sole responsibility of the purchaser and the County shall make no representations or warranties. 4. Properties will be conveyed to the highest bidder. The Tioga County Legislature reserves the right to reject any and all bids of any kind. Neither the delinquent taxpayer nor anyone acting on their behalf shall be entitled to bid or purchase the property for less than the full amount due including all taxes, fees and penalties once the County has taken title. Those individuals who have previously defaulted on a bid, or who are currently delinquent on any other parcel in the County shall not be permitted to bid on any additional County properties offered at this auction. 5. Any promotional tools such as photographic slides, tax maps, written or verbal descriptions, etc. are for informational purposes only. 6. Risk of loss or damage by fire, vandalism or any other cause (except taking under the power of eminent domain) between the time of sale and the time of deed delivery is assumed by the purchaser. 7. All potential Bidders must show acceptable identification for issuance of a bidder/buyer number. 8. All Bidders/Buyers must register for this auction and hold a bidder/buyer’s number. 9. Each purchaser will be required to sign a legally binding Property Bid Acknowledgment Form for each purchase which commits the Purchaser to compliance with all Terms and Conditions as stated herein. 10. All decisions regarding bidding disputes shall remain completely within the Auctioneer’s discretion. 11. The Auctioneer retains the right to reject any bid that is not within current bidding increments or that is not an appreciable advancement over the preceding bid. 12. The Auctioneer and the Seller shall remain forever immune from any and all liability concerning any personal injury or property damage occurring before, during or after the auction, no matter what the cause. Additionally, the Auctioneer and Seller shall remain forever immune from the consequence of purchase of any property at this auction. FINANCIAL... 13. Payments shall be made by cash, bank check, certified check, money order, business or personal check drawn on a New York State bank. Bank instruments must be made payable to the Tioga County Treasurer. There is a ten (10%) Percent Buyers Premium in effect on every purchase today. The property transfer reports and closing process will be handled by the Tioga County Treasurer’s Office. 14. Full payment must be made immediately at "knockdown" (when the Auctioneer says "sold"), for any properties sold in the amount of $ 3,000.00 or less...plus the applicable 10% Buyers Premium. 15. Any properties sold for more than $ 3,000.00...the amount of $ 3,000.00 plus 10% of the amount over $ 3,000.00 must be paid immediately at "knockdown"...plus the applicable 10% Buyers Premium. 16. The remainder of the purchase price must be paid to, and received by, the Tioga County Treasures Office no later than 4:00 p.m. on Friday, August 27, 2004 at: Tioga County Treasurer Office 18. Tioga County has paid the last three years of real property taxes. This expense has been assumed by Tioga County and subsequently written off. However, current village real property taxes and the up-coming September school real property taxes will not be pro-ratted at closing. It is the new purchasers responsibility to pay these current taxes. 19. Failure to close on the property or failure to pay the remainder of the purchase price, current taxes and recording fees, subjects the purchaser to loss of any and all deposit monies, and all rights or claims to the property in question. TAXES... 20. All purchasers shall be responsible for determining what charges exist on a property. All purchasers shall be responsible for any and all current, outstanding or delinquent taxes of any other jurisdiction. This includes village, school, sewer, water, lighting, sidewalk, town and other municipal services or district charges. Note that certain villages may have very old tax charges outstanding. Potential bidders are advised to conduct a village property tax search for years prior to 1980. ASSESSMENTS... 21. The information booklet lists 2003 property assessments. Bidders or purchasers with questions regarding assessed values or assessment practices are advised to immediately contact the Assessor’s Office of the town or village in which the property is located. back to Tioga County Real Property Tax Foreclosures web page www.developtioga.com |