Orange County to hold real estate auction on June 11

| 28 May 2018 | 08:47

— Orange County will hold a real property tax foreclosure auction on Monday, June 11, beginning at 10 a.m. at the Orange County Emergency Services Center located at 22 Wells Farm Road in Goshen,.
A digital copy of the auction brochure is available on the auction company’s website: www.NYSAuctions.com.
A property showing schedule will be posted June 8.
A free printed auction brochure is available by visiting the Orange County government offices in Goshen, any Town clerk’s office within the county or by calling 1-800-243-0061.
People interested in buying real property at the auction are urged to listen to a pre-recorded audio file on the company’s website of the "Public Information Seminar." This seminar is facilitated by company representatives and is useful for those attending the county’s auction for the first time. There is an overview of the auction’s “Terms and Conditions” and useful tips to assist bidders in becoming more informed buyers.
RegistrationAuction-day registration will begin at 8 a.m. Prospective bidders must register by signing the “Terms and Conditions of the Auction,” produce a photo ID such as a valid driver’s license or passport and provide their social security number before obtaining a bidding number.
Incorporated entities will need to bring a copy of 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.
RequirementsSuccessful bidders will be required to tender a deposit equal to $1,000 or 20 percent of the total contract price (the sum of the bid price plus the buyer’s premium) immediately while attending the auction.
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” and officials suggest prospective bidders complete their due-diligence research prior to bidding at the auction.
The NYSAuctions.com Team is a d/b/a of Absolute Auctions & Realty, Inc., of Pleasant Valley. The company provides real property tax auction services to over a dozen municipalities throughout New York State and has conducted more than 125 municipal-owned property tax auctions since 1991.