(2) Adjoining Commercial Village Buildings On Corner Lot – Real Estate Auction

Selling For Chenango County Real Property - Tax Foreclosure

28 Genesee Street, Greene, NY

Friday                                     November 22, 2019                                       2:30PM

Property Located At 28 Genesee Street, Greene, NY; The Corner Of Genesee Street & North Chenango Street;

(2) Adjoining Commercial Buildings – Selling Together For One Price

Property Includes: Former Restaurant Building On Corner w/ Apartment Upstairs; Adjoining Building Is Completely Open On First Floor, Formerly Used As Large Dining Room – Upstairs Is In Process Of Converting To (2) Apartments; Full Basement, Under Both Properties; Lots & Lots Of Possibilities; Located In Greene Municipal Electric District; Lots Of Municipal Parking On Both Sides Of Buildings; Terms & Conditions On Our Website & In Future Advertisements;

Open House: Monday, November 18, 2019 From 2PM-3:30PM; Day Of Auction From 1PM-2:30PM;

Terms & Conditions Of Auction: Bidder Reg. Is Between 1PM and 2:30PM Day of Auction @ 28 Genesee St., Greene. To Register You Must Have A Photo ID And Must NOT Owe any Chenango Cty. Real Property Taxes. Deposit Required: The Amount Of $3,000 Plus 10% Of The Amount Over $3,000 Must Be Paid Day Of Auction In Cash Or Good Check As A Deposit To Chenango County Real Property, Balance Due At Closing.  Also a 7 ˝ % Auctioneer Fee Will Be Added To The Purchase Price And Must Be Paid Day Of Auction In Cash Or Good Check To Auction Company. Successful Bidders Will Need 2 Checks, Day Of Auction.  You Will Receive A Quit Claim Deed For Property. Other Customary County Terms Being Used.  For More Info, Refer To Website @ www.manasseauctions.com or Brochures Available @ Chenango County Real Prop. Tax Dept.  Tax Maps Are Available For Viewing @ The Tax Dept. Property Sold “AS IS” – Property Must Be Researched PRIOR To Bidding. Announcements Made Day Of Auction Take Precedence Over Printed Material.

Owner: Chenango County


 

CHENANGO COUNTY TAX FORECLOSURE SALE --TERMS & CONDITIONS

 GENERAL:

·All properties offered at this auction have been foreclosed under Article 11 of the New York State Real Property Tax Law.

·All properties are sold “AS IS-WHERE IS”.  Bidder shall be solely responsible for determining all conditions of the property prior to bidding.  All deeds issued shall be by Quit Claim Deed only.  The County 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.  The County will not furnish an abstract of title or title insurance.

·Properties will be conveyed to the highest qualified bidder.  The Chenango County Board of Supervisors 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. Those individuals 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.

·Any promotional tools such as photographic slides, tax maps, written or verbal descriptions, etc. are for informational purposes only.  Each bidder should research and visually locate the properties prior to bidding.  Town zoning and building code information can be obtained at the town or village where the property is located.  It is the responsibility of the bidder to research any existing violations or restrictions on the property

·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.

·All potential Bidders must show acceptable identification for issuance of a Bidder/Buyer number.

·All Bidders and all Buyers must register for this auction and must hold a Bidder/Buyer number.

·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.

·The Chenango County Treasurer reserves the right to withdraw from sale any properties at his option and to group one or more parcels together into one sale.

·All decisions regarding the 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.

·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 consequence of purchase of any and all properties at this auction.

·The winning bidder will be responsible for the removal of any unwanted occupants/tenants on the property after the auction.

FINANCIAL:

·Payments shall be made by cash, certified check, bank check or money order. Bank instruments must be made payable to the Chenango County Treasurer.  The property transfer reports will be prepared and the closing process conducted by the Chenango County Treasurer’s Office.

·Full payment must be made immediately at “knockdown” (when the Auctioneer says sold), for any and all properties sold for $3,000 or less.

·For any and all properties sold for more than $3,000, the amount of $3,000 plus 10% of the amount over $3,000 must be paid immediately at “knockdown”

·The Successful Bidder must also pay a Buyer’s Premium of 7.5% of the Selling Bid Price, in a separate check or cash payable to Mel Manasse & Son, the day of the Auction.

·The remainder of the purchase price must be paid with guaranteed funds and received by the Chenango County Treasurer at a scheduled closing, in approximately one month. All closings must be conducted by December 30th.

                                     Chenango County Treasurer’s Office

 5 Court Street

 Norwich, New York 13815

· All successful bidders will be required to pay in advance of the deed transfer, the $55.00 filing fee to record the deed (payable to the Chenango County Clerk) and a $150.00 title search fee (payable to the Chenango County Treasurer).

·Failure to close on a property or failure to pay the remainder of the purchase price, subjects the purchaser to loss of any and all monies, and all rights or claims to the property in question.

TAXES:

·The purchaser will be responsible for the following taxes and charges including all interest and penalties

-2019 delinquent Town and County taxes and any relevies, interest or penalties that have been   added to the bill.

-Current 2019 Village Taxes

-Current 2019-20 School Taxes Due

-Current Sewer, Water, Lighting or Special District Taxes or charges (if applicable)

-Future Town and County Tax Bills

             It will be the responsibility of the purchaser to ascertain what charges exist on a property. 

             Please contact the appropriate village, school, or sewer, lighting district or town for this information.

 ASSESSMENTS:

·The information booklet lists the 2019 assessments for property.  Bidders or Purchasers

            with questions regarding the assessed value or assessment practices are advised to contact the

            Assessor’s Office of the town in which the property is located.

~          ~          ~          ~

All Properties Sold “AS IS” – Properties Must Be Researched PRIOR To Bidding

Brochure Is To Be Used Only As A Guide, And Is Subject To Change

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.









 







Auctioneers & Licensed Real Estate Brokers
 Licensed Real Estate Brokers In NY & PA
Whitney Point, N.Y. 13862
607-692-4540 / 1-800-MANASSE
 www.manasseauctions.com