Cortland County
& City Of Cortland
Real Property Tax
Foreclosure Auction
Properties of All Types Throughout
Cortland County & The City of Cortland
Thursday
July 16, 2015
11:00 AM
Auction To Be Held @ The Cortland County Auditorium
60 Central Ave., Cortland, NY 13045
TERMS & CONDITIONS OF AUCTION
We Welcome you to the County of Cortland and City of Cortland Real Property Tax Foreclosure Auction. This auction presents to you a great opportunity to purchase properties of all types, being sold at one location. The descriptions and information in this catalog is what has been provided to us. Use this catalog as a guide only. We make no Warranties or Guarantees to the information provided, as you are encouraged to do your own due diligence in researching the properties. Please read fully the Terms & Conditions of Sale in this catalog. Announcements made day of Auction take precedence over printed material. Thank You all for attending and we wish you all good luck in your bidding! A great opportunity!! Real Estate is the Best Investment!!
Auction Will Be Held @ The Cortland County Office Building Auditorium,
60 Central Avenue, Cortland, NY 13045.
General
1. All properties offered at this auction have been foreclosed due to Real Property Tax Law. All properties are sold “AS IS-WHERE IS-HOW IS”. Bidder shall be solely responsible for determining all conditions of the property prior to bidding. The County / City makes no representation as to the quality of title, lot size, shape or location, or conditions or existence of any or all improvements on any parcel or to the condition of the property(ies), this also applies to the concern of environmental problems. The County / City make no promises or statements of fact about any parcel that is being offered for sale. No employee or agent of the County has any authority to make any promises or representations of any nature concerning any of these parcels. It is the responsibility of each bidder to investigate any and all aspects of the status of each parcel that he or she may desire to purchase PRIOR TO BIDDING ON THE PARCEL.
2. You are strongly encouraged to go to the property(ies) you are interested in and examine them in person from the sidewalk or street. You are, however, prohibited from trespassing on the property(ies) or entering the building(s), if applicable. This restriction also applies to the highest bidder on the property until the Quit Claim Deed transferring ownership from the County /City to the new owner is recorded in the County Clerk’s Office.
3. Properties will be conveyed to the highest qualified bidder. The County of Cortland / City of Cortland reserves the right to reject any and all bids of any kind. The delinquent taxpayer nor anyone acting on their behalf shall be entitled to bid or purchase the property. The individuals who have previously defaulted on a bid, or who are currently delinquent on any other parcel in the County and/or City shall not be permitted to bid on any properties offered at this auction.
4. The Former Owner of the property, or his agent(s) shall not be deemed the successful bidder on a County / City property or purchase their former property at the public auction, UNLESS THE PREVIOUS OWNER PAYS THE AUCTION BID PRICE, AUCTIONEERS FEE, ALL RECORDING & ADMINISTRATIVE FEES AND ALL BACK, CURRENT & DELINQUENT TAXES AND PENALTIES IN CERTIFIED OR GUARANTEED FUNDS. PREVIOUS OWNERS WILL ONLY BE ALLOWED TO BID WITH PRIOR COUNTY / CITY TREASURER APPROVAL, 3 DAYS PRIOR TO AUCTION DAY & MUST MEET ALL REQUIREMENTS STATED ABOVE. IF THE FORMER OWNER OR HIS AGENT RE-ACQUIRES THE PROPERTY, ALL LIENS EXISTING PRIOR TO THE FORECLOSURE SHALL BE REINSTATED AND THE FORMER OWNER MUST SIGN THE DEED TO RE-INSTATE THE LIENS.
5. The County of Cortland and City of Cortland reserves the right to withdraw from sale any properties which are listed and or at their option, to group one or more parcels together into one sale. All items may be sold in random order.
6. Auction & Tax information is available at the Cortland County Treasurers Office, 60 Central Avenue, Cortland, NY (For County Properties) and in the City of Cortland Department of Administration & Finance, 25 Court Street, Cortland, NY. Tax maps are available for viewing at the Cortland County Real Property Tax Office at 60 Central Avenue, Cortland, NY. Tax maps are only representations and may depict a proposed development or road. The County / City do not guarantee that a development and/or road actually exists, nor does it guarantee the eventual development of such. Tax maps do not represent exact dimensions and are not intended to be used in place of a survey map. Tax maps may not accurately depict the exact location of a property. Bidders are also encouraged to obtain the zoning regulations from the municipality where the property is located. Town zoning and building code information can be obtained at the town, city or village where the property is located. It is the responsibility of the bidder to research any existing violations or restrictions on the property. Any promotional tools such as photographs, tax maps, signs, written or verbal descriptions, etc. are for informational purposes and guide only.
7. All deeds issued shall be by Quit Claim Deed only. The County / City will not furnish an abstract of title or title insurance.
8. The Auctioneer and the Seller shall remain forever immune from any and all liability concerning any personal injury, environmental hazards 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 consequences of purchase of any and all properties at this auction.
9. All decisions regarding bidding disputes shall remain completely within the Auctioneer’s discretion. The Auctioneer retains the right to reject any bid that is not within current bidding increments or that is not an appropriate advancement over the preceding bid.
Financial
Bid Deposit Requirement
A. If the successful bid is under $1,000.00 the FULL AMOUNT of the bid must be paid by the end of the auction to the County of Cortland Or City of Cortland, depending on the property purchased.
B. If the successful bid is over $1000.00, a deposit of 10% of the bid price or $1,000.00, whichever is greater is due at the end of the auction.
C. It is the successful bidder’s responsibility to pay the auctioneer 7 ½ % above the bid price on the day of the Auction.
Multiple Checks Will Be Needed To Pay For Each Property.
D.
1. For Cortland County Properties Purchased: In addition to the bid deposit & auctioneers fee, the
Successful bidder will be responsible for administrative fee of $508.00 (per parcel), recording fee for the deed(s), transfer tax(es) connected with the property(ies) and a County Clerk Fee (per parcel). The Purchaser will be responsible for 2015 Town & County Tax Bills (which run from Jan 1 to Dec 31), minus the 2014 School Taxes and Village taxes re-levied in them. These taxes will be due at closing. Successful Bidders will be responsible for all future taxes following closing. The bid deposit & auctioneers fee will be collected at the end of the auction (on County Properties). The taxes state above, administrative fee, recording fee for deed(s), transfer tax(es), and County Clerk Fee will be collected at the time balance is paid to the County Treasurer.
2. For City Of Cortland Properties Purchased: In addition to the bid deposit & auctioneers fee, the successful bidder will be responsible for an administrative fee of $275.00 (per parcel), recording fee for the deed(s), transfer tax(es) connected with the property(ies) and a County Clerk Fee (per parcel). The Purchaser will be responsible for one half of the 2015 City/County Tax Bill; and these taxes will be due at closing. Amounts will be available prior to the auction. The Purchaser will also be responsible for all of the 2015-2016 School Tax Bill, which will be available on or about August 1, 2015. In the Event the School Tax Bill is not available on the day of the Auction, it is the responsibility of the Successful Bidder to contact Cortland City Schools for a copy of the 2015/16 School Tax Bill. Successful Bidders will be responsible for all future taxes following closing. The administrative fee will be collected at the end of the auction (on City Properties) with bid deposit & auctioneers fee. The Taxes stated above, recording fee for deed(s), transfer tax(es) and County Clerk Fee will be collected at the time balance is paid to the City Treasurer.
E. DEPOSITS AND PAYMENTS must be cash or good personal checks. Checks are to be made payable to Cortland County Treasurer (for County Properties) and City of Cortland (for City Properties) as well as a check made payable to Mel Manasse & Son, Auctioneers regarding the auctioneer fee (For All Properties). Administrative fees (for City of Cortland Properties) Is Due The Day Of Auction.
F. Full payment of bid is required within thirty (30) days following the auction. At this time, you must present to the County / City the receipt received day of auction and the balance must be satisfied in cash or certified funds, and made payable to Cortland County Treasurer or City of Cortland. If the successful bidder fails to pay the balance of such purchase price within the required thirty (30) day period, the bid deposit, auctioneers fee, administrative fee and any additional fee(s) may be forfeited and retained by the County / City of Cortland as well as the auctioneer, at the option of the County / City Treasurer.
G. Evictions, if necessary, are solely the responsibility of the successful bidder after closing and recording of the deed.
H. The purchaser may not assign his / her right to complete the sale. ALL DEEDS SHALL BE EXECUTED SOLELY IN THE NAME OF THE BIDDER AND THEIR SPOUSE, IF DESIRED.
I. No personal property is included in the sale of any of the parcels owned by Cortland County or the City of Cortland. The disposition of any personal property on any parcel sold shall be the sole responsibility of the successful bidder following closing.
J. Default by purchaser or failure to meet these rules, terms and conditions will result in forfeiture of the required deposits and may result in rejection of any future offers of County / City owned property.
Deed Description
The County of Cortland / City of Cortland will issue a Quit Claim Deed consisting of the popular description listed in the auction notice. This information has been obtained from the Real Property Tax Service office inventory file, and is for ease of identifying only. The Deed will be issued within 30 days after the auction.
* All successful bidders (of Cortland County Properties) will be responsible for 2015 Town & County Tax Bills (which run from Jan 1 to Dec 31), minus the 2014 School Taxes and Village taxes re-levied in them. These taxes will be due at closing. Successful Bidders will be responsible for all future taxes following closing.
* All successful bidders (of City Of Cortland Properties) will be responsible for one half of the 2015 City/County Tax Bill; and these taxes will be due at closing. Amounts will be available prior to the auction. The Purchaser will also be responsible for all of the 2015-2016 School Tax Bill, which will be available August 1, 2015. In the Event the School Tax Bill is not available on the day of the Auction, it is the responsibility of the Successful Bidder to contact Cortland City Schools for a copy of the 2015/16 School Tax Bill. Successful Bidders will be responsible for all future taxes following closing.
Possession
The purchaser may not take possession of the premises until the deed has been recorded. Possession of the parcel(s) may be subject to the occupancy of previous owner(s) and / or tenant(s). It shall be the responsibility of the purchaser to obtain possession and/or evictions of former occupants. The County of Cortland / City of Cortland is not responsible at any time for obtaining access to the buildings located on the premises.
Deed Restrictions
The County of Cortland / City of Cortland reserves the right to require that each deed issued will contain a restriction in reference to the prior owner. This restriction that requires an additional payment equal to the accumulated taxes, penalties, and interest due as of the tax foreclosure. It will apply only if the property is sold to the former owner or his/her spouse or children during the seven years following the purchase.
Common Questions & Answers:
How much are the back taxes owed on the property(ies)?
- The County of Cortland / City of Cortland are selling these properties foreclosed for the purpose of unpaid taxes to place the parcels back on the tax rolls, after being sold to responsible purchaser(s). Therefore, no back taxes are owed in purchasing the properties. The only taxes due on the properties are as follows: For Cortland County Properties: All successful bidders (of Cortland County Properties) will be responsible for 2015 Town & County Tax Bills (which run from Jan 1 to Dec 31), minus the 2014 School Taxes and Village taxes re-levied in them. These taxes will be due at closing. Successful Bidders will be responsible for all future taxes following closing. For City of Cortland Properties: The Purchaser will be responsible for one half of the 2015 City/County Tax Bill; and these taxes will be due at closing. Amounts will be available prior to the auction. The Purchaser will also be responsible for all of the 2015-2016 School Tax Bill, which will be available on or about August 1, 2015. In the Event the School Tax Bill is not available on the day of the Auction, it is the responsibility of the Successful Bidder to contact Cortland City Schools for a copy of the 2015/16 School Tax Bill. Successful Bidders will be responsible for all future taxes following closing.
How can I see the inside of the property(ies) if there is a building on it?
- The County of Cortland / City of Cortland have certain properties which have a scheduled showing date & time. All other properties, if not listed on the showings list, will NOT have a showing on the property and you are to view from the road, at your own risk. You are, however, prohibited from trespassing on any of the property(ies) or entering the building(s), except during schedule showing date & time.
What is the starting bid on the properties?
- The starting bid on the properties is determined by the public. The assessment does not determine the starting bid and is provided for tax purposes only. Bidders or Purchasers with questions regarding assessed values or assessment practices are advised to contact the Assessors Office of the Town / City in which the property is located.
Can I register prior to the Auction?
- No, registration will begin at 9:30AM the Morning of the Auction. You will not be allowed to register for the Auction if you owe any County taxes or City taxes, unless you have received prior approval from the County Of Cortland / City of Cortland as stated in #4 General of The Terms & Conditions.
How do I know I am getting a good title to the property?
- You are encouraged to research the property in depth and do your own due diligence. The County / City will issue you a Quit Claim Deed.
Do I have to be there to bid on the property?
- Yes, you must be present the day of the Auction to bid/purchase the property(ies). All deposits are due the day of the auction, as stated above, and you will be required to sign a Bid Acknowledgement Form for each purchase.
Showing Dates & Times
Saturday, July 11, 2015
10:00 AM to 11:00 AM Town of Scott 6757 Rt 41
11:45 AM to 1:00 PM Town of Truxton 3565 Rt 13
1:30 PM to 2:30 PM Vlg. of McGraw 19 E Academy St
3:00 PM to 4:00 PM Town of Cortlandville 2293 Blodgett Mls Rd
Town of Cortlandville 3395 Maple Ave
Sunday, July 12, 2015
12:00 PM to 2:00 PM City of Cortland 17 Stewart Pl
City of Cortland 27 Sands St
City of Cortland 95-97 Port Watson St
- Cancelled
Town of Cortlandville 3643-3647 Glenwood
2:30 PM to 3:45 PM
Town of Cuyler 7831 E Keeney Rd
Town of Cuyler 7691 Cowles Stlmt
Updated Material Will Be Available @ www.manasseauctions.com
Statements Made Day of Sale Take Precedence Over Printed Material.
PLEASE NOTE:
Brochure Is Continually Being Updated,
Please Keep Track Of Our Website @ www.manasseauctions.com
For Updated Information.
City of Cortland
City of Cortland |
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City of Cortland |
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NO |
City of Cortland |
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NO |
City of Cortland |
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City of Cortland |
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City of Cortland
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City of Cortland
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NO |
City of Cortland
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NO
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Town of Cincinnatus
Town of Cincinnatus |
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NO |
Town of Cincinnatus |
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Town of Cincinnatus |
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NO |
Village of McGraw
Village of McGraw |
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NO |
Village of McGraw |
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Village
of McGraw |
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Village of Homer
Village of Homer/ |
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NO |
Town of Cortlandville
Town of Cortlandville |
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Town of Cortlandville |
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Town of Cortlandville
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Town of Cortlandville Showing: Sat. 7/11/15 From 3PM-4PM
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Town of Cortlandville |
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Town of Cuyler
Town of Cuyler |
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Town of Cuyler |
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Town of Cuyler |
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Town of Cuyler |
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Town of Cuyler
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NO |
Town of Cuyler
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NO |
Town of Freetown
Town of Freetown
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NO |
Village/Town of Homer
Village/Town of Homer
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Village/Town of Homer |
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Town of Homer
Town of Homer |
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NO |
Town of Marathon
Town of Marathon |
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Town of Marathon |
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Town of Preble
Town of Preble |
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Town of Scott
Town of Scott |
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Town of Scott |
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Town of Solon
Town of Solon |
NO |
Town of Solon |
NO |
Town of Taylor
Town of Taylor |
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NO |
Town of Taylor |
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NO |
Town of Taylor |
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NO |
Town of Truxton
Town of Truxton |
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Town of Truxton |
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Town of Truxton |
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NO
PIC |
Town of Virgil
Town of Virgil |
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Town of Virgil |
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Town of Virgil |
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Town of Virgil |
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NO PIC |
Town of Virgil |
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Town of Virgil |
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NO PIC |
Town of Willet
Town of Willet |
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NO PIC |
Town of Willet |
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NO PIC |
Town of Willet
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NO PIC |
Sales Managers & Auctioneers
Licensed Real Estate Brokers In NY, NJ & PA
Whitney Point, NY
607-692-4540 / 1-800-MANASSE
http://www.manasseauctions.com