Press-Republican

Local News

August 5, 2012

Seminar Monday for Clinton County property auction

PLATTSBURGH — Sixty-one properties will be up for bid at Clinton County’s Real Property Tax Foreclosure Auction on Wednesday.

They were seized by the county for delinquent taxes.

The auction, which takes place at the West Side Ballroom, 253 New York Road, will be conducted by the NYSAuctions.com team of Haroff Auction & Realty Inc. of Schroon Lake and Absolute Auctions & Realty Inc. of Pleasant Valley.

All information, including the entire list of properties and the auction brochure, is available on the websites www.NYSAuctions.com and www.Haroff.com.

A printed auction brochure is also available by visiting any town or village hall within the county, the Clinton County Real Property Office and the Treasurer’s Office at the Clinton County Government Center in Plattsburgh or by calling (800) 292-7653. 

Anyone interested in buying at the auction is urged to attend the Bidder’s Seminar at the West Side Ballroom in Plattsburgh at 7 p.m. Monday. The event is conducted by company representatives and is useful for those attending the foreclosure auction for the first time, according to a press release from the county.

There will be a review of the auction’s terms and conditions and useful tips to help the bidder become a more informed buyer. The seminar provides an opportunity to learn and to ask questions about the entire auction process.

Early “bidder registration” will be conducted from 6 to 7 p.m. immediately before the seminar and again after it ends.

Several improved properties will be made available for preview, and the auction company will show those properties on Tuesday. A showing schedule is posted to www.NYSAuctions.com.

Auction-day registration will begin at West Side Ballroom promptly at 9 a.m. Wednesday. Prospective purchasers must register and provide photo identification (valid driver’s license or passport) and Social Security number before obtaining a bidding number.

The deed will be issued only to the name that is on the registration, and ownership of the property is not conveyed until the deed is recorded in the Clinton County Clerk’s Office.

Successful bidders will be required to place a deposit of $1,000 or 20 percent of the total contract price (whichever is higher) at the auction.

The deposit must be paid by credit card (Master Card, Discover Card or VISA only), cash, bank teller’s/cashier’s check or money order. Any bank teller’s/cashier’s check or money order used for deposit must be made payable directly to “Clinton County Treasurer” 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 research before bidding at the auction.

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