SEALED BIDS ONLY! NO LIVE AUCTION  MUST pre-REGISTER in Room 800 at 112 State Street  Sealed Bids must be on Provided RFB FORM  RFB FORMs due by 4:30 PM on OCT 15, 2014

Updates and Info POSTED www.albanycounty.com/auction

REAL PROPERTY SEALED BID LISTING—2014

ALBANY COUNTY, NY

 DEPOSITS collected after RFB reviewed/recommended

SEALED BID PUBLIC LISTING—OCTOBER 15, 2014 Tax Foreclosed County Owned Properties Blight and decay have added tax delinquencies and halted private rehabilitation efforts in our most challenged neighborhoods. In an effort to spur and speed revitalization and reinvestment, the County has made significant changes to the Auction Process. Sealed Bids Only, Bidders must use the provided RFB FORM and submit bids in a sealed envelope by October 15, 2014. Bids will be opened and evaluated in October-November 2014. The successful bidder will be notified and required to bring a 20% deposit in certified funds. RFB can be withdrawn by bidder at any point prior to making a deposit without impacting other submitted bids.

contributing factors to blight are addressed. An escrowed amount will be collected at closing, paid back to the bidder once work has been completed on roof repair, windows, weatherization and other conditions identified in the bidder’s RFB. Side Lot Transfer Preference. The county will show a preference for abutting owners of vacant lots that will merge foreclosed parcels to eliminate the potential for future delinquencies. Bidders must be pre-qualified. In order to bid, you must register with the County in-person in Room 800 at 112 State Street. Photo ID will be required. Background checks will be run. PLEASE NOTE Vacant Building Registry Forms will be required at closing for buildings located in the City of Albany. See www.albanyny.org for more details or contact City Codes.

Sales must be approved by the County Legislature and County Executive. Please see item #3 of the terms and conditions posted on line.

You can email questions regarding the County’s auction process to:

Escrow Funds required for Parcels 400 and above. Per item #8 in the terms and conditions, specified parcels have been segregated to ensure

Bidders are required to examine the Property Folders in Room 800 at 112 State Street and do on-site inspections prior to bidding.

[email protected]

R E A L P R OP ER T Y S EA L E D B I D

Page 2

Note Parcel Number!

F.A.Q.?

There are three distinct sections of the auction listing:

When are Deposits due?

PARCELS #1-299

After the initial review of the RFB submissions, the

These parcels have been recently foreclosed and/or

successful bidder will be contacted and required to

have no distinguishing conditions noted in pre-

submit a 20% deposit in Room 800 at 112 State

foreclosure inspections. Please see files!

Street. Deposits must in in certified funds.

PARCELS #300-399

Can I still write a Personal Check or

These parcels have condition issues of potential

pay with Cash?

concern. In some cases the parcels may be subject to

No. Personal checks and cash will not be accepted

Emergency Demolition if not stabilized immediately

for deposits or closings. All payments must be in

after closing. DO YOUR RESEARCH!

certified funds.

PARCELS #400-500

When will I be able to Close?

These properties will require an additional payment of

All bids are subject to the review and approval of the

funds to be escrowed at closing. These funds will be

County Legislature and County Executive. Successful

held in escrow and paid back to the bidder as

Bidders cannot close until the certified copy of the

rehabilitation work is completed. Failure to complete

resolution authorizing sale has been received by

those repairs within the specified timeframe will result

the Division of Finance. The Albany County

in forfeiture of the balance to the County.

Legislature meets monthly to review and approve resolutions.

ALL DEPOSITS and CLOSING PAYMENTS MUST BE IN CERTIFIED FUNDS CAN I BUY BEFORE THE COUNTY FORECLOSES? The County’s Pre-Foreclosure lists are now posted on-line. These are properties not yet in County ownership, but are in the latter stages of foreclosure. Please see the website for more details. If you are purchasing any of the properties on the pre-foreclosure listing, please note that all taxes and liens remain due on these parcels. County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 3

A message from Albany County Executive

Daniel P. McCoy

Dear Prospective Bidder: We have streamlined the auction process and become more efficient by putting the Real Property Auction online. This has led to greater transparency and openness. My focus is and continues to be how to serve the residents of Albany County in the best possible way. To further achieve this, we continue to pursue economic development on the county level. We are attracting businesses here to create jobs and new residents who make Albany County their home. They live, work and shop here. Albany County has so much to offer with top notch transportation, educational opportunities, businesses, hospitals, sports and concerts at such venues as the Times Union Center. If you already own property in Albany County, your faith in our community is helping to make it stronger. If you’re new to Albany County, welcome to the neighborhood! Good luck with your bidding,

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

Page 4

R E A L P R OP ER T Y S EA L E D B I D

AUCTIONS—Are they for you? There are properties with great potential and many with hidden costs. Remember, the former owner walked away from this property rather than pay the tax bill. You need to figure out why. If you have not seen a property, do not bid on it! If you have not fully researched what you are bidding on, you might be in for some unpleasant surprises. Check around the neighborhood, talk to adjacent property owners, local businesses, and neighborhood associations. Check the current code violations, water and sewer bills, and current taxes which will be your responsibility after closing. Make sure you have reviewed the County’s Property file. Determine the short and long term potential of the property. You may want to adjust your bid accordingly.

When you close with the County, water and sewer charges will become your responsibility and may be levied onto future Property Tax bills if unpaid.

Auction Informational Meetings at 6:00PM—8:00PM

THURSDAY, September 25th Albany County Office Building 112 State Street, Cahill Room Albany, NY

Do your research. You are buying foreclosed property by Quit Claim deed. You must fully research any property bid upon. The County will not refund deposits due to bidder mistakes or lack of knowledge about a parcel.

Albany County holds a Public Informational Meeting to answer questions regarding the process and parcels and register bidders after-hours.

SPECIAL NOTICE REGARDING WATER AND SEWER BILLS IN THE CITY OF ALBANY:

The Property Folders are available for viewing any weekday from 8:30am-4:30pm at the Finance Office in Room 800 at 112 State Street in downtown Albany.

Some of the water and sewer charges that appeared on City of Albany water bills in 20042012 are now being collected and enforced by the Albany City Water Board . Those amounts are not payable to the County and may be due to the water board after you close. Please contact 518434-5300 for information on past-due water bills.

Bidders MUST examine the property folders and visit the parcel on-site PRIOR to bidding. These are tax foreclosed parcels and have often been severely neglected by prior owners!

If the County cannot confirm that you have inspected the file and the property on-site, the RFB will be rejected.

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 5

AUCTION TERMS AND CONDITIONS Please note: There is no live auction bidding for the October 15th 2014 listing. All bids must be submitted in sealed envelopes on the Request for Bid Forms provided by the County (RFB 2014 on website) by October 15th. As such, the language in the attached terms and conditions referring to County Auctioneer, starting bids at the auction site, submission of Resolution 80 Forms, and recording of back-up bidders will not be used for these sealed RFB 2014 bids. Bidders can submit RFB FORMS on more that one property. Upon notification of results, the bidder may withdraw other RFB submissions up until the bidder submits of the 20% deposit.

1) The County of Albany reserves the right to

withdraw any or all parcels prior to the auction. 2) No bid shall be accepted for less than the sum of $100 or the minimum bid for the parcel announced at auction. The County reserves the right to reject any bid that is not an appreciable advancement over the preceding bid. The County Auctioneer’s decision regarding any bidding disputes is final. 3) All sales are subject to approval by the Albany County Executive and the Albany County Legislature. The County Executive and/or the County Legislature may reject any sale for any reason. The proposed purchaser shall complete and submit the Questionnaire annexed hereto as Exhibit “A”, which will be reviewed by the County Executive and County Legislature as a part of the approval process. In considering the approval of all proposed sales the County Executive and County Legislature will consider the planned use of the property; whether or

not it is to be owner occupied; whether or not the proposed purchaser intends to rehabilitate the property and the extent of the financial investment and timeframe for the rehabilitation. The County Executive and County Legislature will also consider in the approval process whether or not the proposed purchaser has previously purchased property from the County and, if so, whether or not the proposed purchaser has complied with the use, plans and any rehabilitation represented by the proposed purchaser as to be undertaken at the property (ies) previously purchased from the County. 4) The tax delinquent former owner(s), their immediate family member(s), or anyone acting on their behalf, bidding on a parcel must pay the amount of the delinquent tax liens foreclosed upon and all subsequent fees and interest or the bid price, whichever is greater. Successful bidders will be required to certify in the contract of sale that they are not the tax delinquent former owner(s), an immediate family member or someone acting on behalf of said tax delinquent former owner(s). No approved bidder shall transfer the property to the tax delinquent former owner(s), an immediate family member or anyone acting on behalf of said tax delinquent former owner(s) within a period of two years following sale at auction. A right of reacquisition shall exist on all auction sales allowing the County to reacquire any parcel violating this condition. 5) Persons or entities having lost title to property to the County by reason of delinquent tax foreclosure within the 24-month period preceding the auction are prohibited from

BIDS can be WITHDRAWN prior to DEPOSIT!

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 6

AUCTION TERMS AND CONDITIONS bidding at auction. Any person or entity having unresolved Building Construction and Fire Safety Code violations in connection with other properties are prohibited from purchasing auction properties. Successful bidders will be required to certify in the contract of sale that neither of these prohibitions applies to them. 6) The County reserves the right to accept bids from potential bidders not attending the auction. The County may require certified funds to cover a bid on a specific parcel. These bidders may be required to sign a bid form upon notification accepting their bid. Where applicable, these bids will be announced as the starting bid at the auction. The County also reserves the right to record “back-up bidders” at auction. Once the successful bidder is recorded, the highest previously submitted bid will be recorded as the “back-up bid.” This designation will be noted by the auctioneer at the close of the bidding. In the event that the successful bidder does not close on the parcel, the “backup bidder” may be sold the parcel subject to the same approvals as all other bidders at auction. A previously recorded bid will be accepted as the “back-up bid” if that bid is higher than other qualifying bids at auction. 7) The successful bidder will be required to execute a contract of sale for the amount bid and to deposit with the County $100 or 20% of the amount bid, whichever is greater, as a down payment. Failure to make such deposit or payment by check which is returned for insufficient funds shall disqualify the bidder issuing such check and shall nullify the bid. The successful bidder must pay the balance of

the purchase price by bank check or certified check to the Commissioner of Management and Budget, Harold L. Joyce Albany County Office Building, 112 State Street, Suite 800, Albany, New York 12207, within thirty (30) days from the date of a letter which will be mailed to the approved bidder by the Albany County Division of Finance stating that the deed to the parcel purchased is ready for delivery. If no response is received from the successful bidder, the County will send a certified letter notifying that bidder of the potential deposit forfeit. The County of Albany accepts no responsibility for failure of delivery or receipt of that letter. If the approved bidder fails to timely pay the balance of the purchase price, the deposit will be forfeited and the parcel offered for re-sale at a future public auction. In such event, the successful bidder may be held liable for any deficiency between the sum bid and sum for which the property is re-sold, together with any costs or expenses incurred on such re-sale. A successful bidder failing to close on the sale may be restricted from bidding at future auctions, in addition to being liable for any deficiency suffered by the county upon subsequent sale of the property. Bidders may be granted an extension on closings at the discretion of the County Executive. If an extension is granted, the bidder shall be liable for the pro-rated share of taxes on the property computed from the original closing date. 8) The County Executive may segregate specified parcels in the auction brochure and establish conditions set forth in the public record as a condition of the bids.

CERTIFIED FUNDS REQUIRED for CLOSINGS! County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 7

AUCTION TERMS AND CONDITIONS These conditions may include, but are not limited to, requiring certified funds, a cashier’s check, a deposit of $100 or 20% of the amount bid, whichever is greater, as a down payment at the time of the auction on specified parcels from the bidder and backup bidder on those specified parcels. The County is required to clearly note these conditions in the public record prior to recording bids on each parcel so affected. 9) All information aids provided by the County in connection with auctions, such as slides, tax maps, deeds, photos, auction listings, auction catalogs, auction signs, property record cards, etc., are for identification purposes only and are not intended as, nor do they constitute, a representation, guarantee, or warranty as to condition, location, dimensions, zoning, property use and/or size. 10) All properties, including any buildings or other improvements located thereon, are offered for sale and sold by the County “AS IS” without representation or warrant of any kind as to their condition, excepting where applicable, the HUD Lead Paint Disclosure for Residential Properties and any other disclosure required by law. All information and records concerning property condition had by the County is available for review by prospective bidders. Prospective bidder to whom the condition of a property is relevant to their bidding upon it are therefore cautioned to review such information and records and to consider having an inspector, contractor, architect, and/or engineer inspect the property prior to bidding. Albany County has acquired title to these properties through

delinquent real property tax foreclosure proceedings “In Rem” in accordance with Article 11, Title 3 of the Real Property Tax Law of the State of New York and the right, title, interest, claim, lien, and equity of redemption of all persons therein have been presumptively extinguished under said provisions of law, which presumption will become conclusive after two years from the date of the recording of the deed thereof to the purchaser. The deed conveying title to the purchaser will be a quit claim deed from the County of Albany containing the assessment roll description of the parcel as it appeared on the delinquent tax roll for the year upon which the County acquired title by foreclosure and not a metes and bounds description. However, title conveyed to purchaser is subject to: (a) any state of facts an accurate survey or personal inspection of the premises would disclose; (b) all applicable zoning/ land use/ and building code regulations; (c) and easements, covenants, conditions and rights-of-way of record existing at the time of the levy of the tax, the non-payment of which resulted in the delinquent tax foreclosure proceedings by which Albany County acquired title; (d) current taxes and assessments and water and sewer charges to the extent hereinafter provided; and (e) any conditions established by the County Executive and set forth in the public record as a condition of the sale prior to recording bids. Since marketable and/or insurable title to and the actual dimensions and physical location of these properties is not warranted by the County, prospective

IMPORTANT: PLEASE READ FULLY County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 8

AUCTION TERMS AND CONDITIONS bidders to whom obtaining insurable or marketable title to or the actual dimensions and/or physical location of a property is relevant to their bidding upon it are cautioned to consider having a title search and/or survey of the property performed or otherwise satisfying themselves in this regard prior to bidding. Successful bidders and/or their representative may not enter or perform any work upon the properties purchased by them at auction prior to the transfer of title at closing without the express written consent and agreement of the County. 11) All parcels will be conveyed by the County of Albany to the purchaser(s) thereof free and clear of all property and school taxes levied prior to January 1, 2014. The County has paid the January 2014 Property Tax bill. Note that bidders are responsible for: (a) any village taxes; (b) any street, sewer, or other special assessments due and payable to the municipality in which the parcel is located; (c) any water and sewer charges levied against the parcel which are due and payable at the time of closing. The purchaser is responsible for paying the full amount of the school taxes levied against the parcel after January 1st 2014. The bidder will be responsible for all tax bills from 2015 and forward, including any and all other charges included on those tax bills for such tax levies. 12) If the successful bidder owes any outstanding delinquent taxes to Albany County, those delinquent taxes must be paid in full prior to closing on any purchases made at this auction. Failure to comply with this

requirement will be grounds for disqualification and forfeiture of any deposits paid by the successful bidder. 13) In addition to the purchase price, the approved bidder must pay closing costs consisting of any taxes, fees and charges required by law to be paid to the County Clerk in connection with recording the deed and filing any related documentation. Closing costs will also include the title search fee paid by the County. 14) The approved successful bidder shall provide the information necessary to complete, and shall execute, the necessary forms and documents required for recording the deed in the County Clerk’s Office. 15) All sales shall be final, absolute, and without recourse, and in no event shall Albany County be or become liable for any defects in title or for any cause whatsoever, and no claim, demand, or suit of any nature shall exist in favor of the purchaser, their heirs, successors, or assigns, against Albany County arising from such sales. 16) Since the County does not acquire title to personal property located upon a property when it is foreclosed upon for tax delinquency, personal property is not included in the sale and the disposition of personal property, if present, is solely the responsibility of the purchaser following the closing of the sale. 17) Eviction of the occupants of a property, if any, is solely the responsibility of the purchaser following the closing of the sale.

BIDDER RESPONSIBLE FOR SCHOOL TAX BILL! County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D Please check website for removed parcels!!

Page 9

Scheduled property showings FOR THIS BROCHURE

MONDAY, SEPTEMBER 8, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM

10:45AM

444 GUILDERLAND

3040 SQUIRE BLVD

INTERIOR

11:00AM

11:30AM

445 GUILDERLAND

2501 WESTERN AVE

INTERIOR

1:00PM

1:30PM

452 ALBANY

253 MYRTLE AVE

INTERIOR

1:45PM

2:15PM

408 ALBANY

153 DOVE ST

INTERIOR

TUESDAY, SEPTEMBER 9, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

13 KRANK ST

COMMENTS

9:30AM

10:00AM

419 ALBANY

EXTERIOR

10:15AM

10:45AM

422 ALBANY

278 SECOND AVE

INTERIOR

11:00AM

11:30AM

307 ALBANY

138 S HAWK

EXTERIOR

1:00PM

1:30PM

429 ALBANY

131 SHERMAN ST

INTERIOR

1:45PM

2:15PM

410 ALBANY

284 ELK ST

INTERIOR

2:30PM

3:00PM

411 ALBANY

423 ELK ST

INTERIOR

APPOINTMENTS FOR SHOWINGS CAN ALSO BE REQUESTED BY CALLING 518-447-7086. Those appointments will be set up as time and staffing allow. No Holiday or Weekend Showings times are available for this listing!

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 10 Please check website for removed parcels!!

Scheduled property showings FOR THIS BROCHURE

WEDNESDAY, SEPTEMBER 10, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM 10:45AM

421 ALBANY

386 LIVINGSTON AVE 390

INTERIOR

11:00AM 11:30AM

430 ALBANY

515 THIRD ST

INTERIOR

11:30AM 12:00PM

321 ALBANY

612 THIRD ST

EXTERIOR

1:00PM

1:30PM

315 ALBANY

186 SECOND ST

EXTERIOR

1:30PM

2:00PM

317 ALBANY

298 SECOND ST

EXTERIOR

2:15PM

2:45PM

308 ALBANY

195 N LAKE AVE 197

EXTERIOR

THURSDAY, SEPTEMBER 11, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM

10:45AM

415 ALBANY

379 FIRST ST

INTERIOR

1:00PM

1:30PM

413 ALBANY

95 FIRST ST

INTERIOR

1:00PM

1:30PM

304 ALBANY

62 FIRST ST

EXTERIOR

1:45PM

2:15PM

312 ALBANY

543 N PEARL ST

INTERIOR

MONDAY, SEPTEMBER 15, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:00AM

10:30AM

442 COLONIE

3941 ALBANY ST

INTERIOR

1:00PM

1:30PM

440 COHOES

45 MAIN ST

INTERIOR

1:45PM

2:15PM

441 COHOES

3 MOHAWK ST

INTERIOR

2:30PM

3:00PM

443 GREEN ISLAND

5 LOWER HUDSON

INTERIOR

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D Please check website for removed parcels!!

Page 11

Scheduled property showings FOR THIS BROCHURE

TUESDAY, SEPTEMBER 16, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

9:00AM

9:30AM

448 WATERVLIET

641 BROADWAY

INTERIOR

9:45AM

10:15AM

449 WATERVLIET

2437 BROADWAY

INTERIOR

10:30AM

11:00AM

450 WATERVLIET

2423 3RD AVE

INTERIOR

11:15AM

11:45AM

451 WATERVLIET

522 8TH ST

INTERIOR

WEDNESDAY, SEPTEMBER 17, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:00AM

10:30AM

425 ALBANY

320 SECOND ST

INTERIOR

10:30AM

11:00AM

424 ALBANY

337 SECOND ST

INTERIOR

10:30AM

11:00AM

426 ALBANY

352 SECOND ST

INTERIOR

11:15AM

11:45AM

306 ALBANY

167 FRANKLIN ST

INTERIOR

1:30PM

2:00PM

329 ALBANY

1201 7TH AVE

INTERIOR

THURSDAY, SEPTEMBER 18, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM

10:45AM

444 GUILDERLAND

3040 SQUIRE BLVD

INTERIOR

10:15AM

10:45AM

445 GUILDERLAND

2501 WESTERN AVE

INTERIOR

1:00PM

1:30PM

452 ALBANY

253 MYRTLE AVE

INTERIOR

1:45PM

2:15PM

408 ALBANY

153 DOVE ST

INTERIOR

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 12 Please check website for removed parcels!!

Scheduled property showings FOR THIS BROCHURE

MONDAY, SEPTEMBER 22, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

13 KRANK ST

COMMENTS

9:30AM

10:00AM

419 ALBANY

EXTERIOR

10:15AM

10:45AM

422 ALBANY

278 SECOND AVE

INTERIOR

1:00PM

1:30PM

429 ALBANY

131 SHERMAN ST

INTERIOR

1:45PM

2:15PM

410 ALBANY

284 ELK ST

INTERIOR

2:30PM

3:00PM

411 ALBANY

423 ELK ST

INTERIOR

TUESDAY, SEPTEMBER 23, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM

10:45AM

421 ALBANY

386 LIVINGSTON AVE 390

INTERIOR

11:00AM

11:30AM

430 ALBANY

515 THIRD ST

INTERIOR

11:30AM

12:00PM

321 ALBANY

612 THIRD ST

EXTERIOR

1:30PM

2:00PM

315 ALBANY

186 SECOND ST

EXTERIOR

2:15PM

2:45PM

317 ALBANY

298 SECOND ST

EXTERIOR

3:00PM

3:30PM

308 ALBANY

195 N LAKE AVE 197

EXTERIOR

WEDNESDAY, SEPTEMBER 24, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:15AM

10:45AM

415 ALBANY

379 FIRST ST

INTERIOR

11:00AM

11:30AM

414 ALBANY

287 FIRST ST

INTERIOR

1:00PM

1:30PM

413 ALBANY

95 FIRST ST

INTERIOR

1:00PM

1:30PM

304 ALBANY

62 FIRST ST

EXTERIOR

1:45PM

2:15PM

312 ALBANY

543 N PEARL ST

INTERIOR

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D Please check website for removed parcels!!

Page 13

Scheduled property showings FOR THIS BROCHURE

MONDAY, SEPTEMBER 29, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:00AM

10:30AM

442 COLONIE

3941 ALBANY ST

INTERIOR

1:15PM

1:45PM

440 COHOES

45 MAIN ST

INTERIOR

2:00PM

2:30PM

441 COHOES

3 MOHAWK ST

INTERIOR

2:45PM

3:15PM

443 GREEN ISLAND

5 LOWER HUDSON

INTERIOR

TUESDAY, SEPTEMBER 30, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

9:00AM

9:30AM

448 WATERVLIET

641 BROADWAY

INTERIOR

9:45AM

10:15AM

449 WATERVLIET

2437 BROADWAY

INTERIOR

10:30AM

11:00AM

450 WATERVLIET

2423 3RD AVE

INTERIOR

11:15AM

11:45AM

451 WATERVLIET

522 8TH ST

INTERIOR

WEDNESDAY, OCTOBER 1, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:00AM 10:30AM

425 ALBANY

320 SECOND ST

INTERIOR

10:30AM 11:00AM

424 ALBANY

337 SECOND ST

INTERIOR

10:30AM 11:00AM

426 ALBANY

352 SECOND ST

INTERIOR

11:15AM 11:45AM

306 ALBANY

167 FRANKLIN ST

INTERIOR

1:30PM

329 ALBANY

2:00PM

1201 7TH AVE

INTERIOR

PLEASE NOTE: All deposits and closing payments due to the County Division of Finance must be in CERTIFIED FUNDS.

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 14

Scheduled property showings FOR THIS BROCHURE

Please check website for removed parcels!!

THURSDAY, OCTOBER 2, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

8:45AM

9:15AM

437 COEYMANS

78 MAIN ST

EXTERIOR

8:45AM

9:15AM

438 COEYMANS

84 MAIN ST

EXTERIOR

9:30AM

10:00AM

439 COEYMANS

117 MAIN ST

EXTERIOR

10:30AM

11:00AM

435 BETHLEHEM

61 THATCHER ST

INTERIOR

11:30AM

12:15PM

433 BETHLEHEM

11 PINE ST

INTERIOR

FRIDAY, OCTOBER 3, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

8:45AM

9:15AM

311 ALBANY

12 MOHAWK ST

EXTERIOR

9:30AM

10:00AM

322 ALBANY

17 WALTER ST

EXTERIOR

10:15AM

10:45AM

303 ALBANY

48 EMMET ST

EXTERIOR

1:00PM

1:30PM

412 ALBANY

1:45PM

2:15PM

310 ALBANY

243/2 45

ELK ST

792 LIVINGSTON AVE

INTERIOR EXTERIOR

AUCTION QUESTIONS? Email Contact: [email protected] Or call us at 518.447.7086 To speak with Property Inspection Staff

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D Please check website for removed parcels!!

Page 15

Scheduled property showings FOR THIS BROCHURE

THURSDAY, OCTOBER 7, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

9:00AM

9:30AM

437 COEYMANS

78 MAIN ST

EXTERIOR

9:00AM

9:30AM

438 COEYMANS

84 MAIN ST

EXTERIOR

9:45AM

10:15AM

439 COEYMANS

117 MAIN ST

EXTERIOR

10:45AM

11:15AM

435 BETHLEHEM

61 THATCHER ST

INTERIOR

11:45AM

12:15PM

433 BETHLEHEM

11 PINE ST

INTERIOR

WEDNESDAY, OCTOBER 8, 2014 TIME TO/FROM

PARCEL #

CITY/TOWN

STREET ADDRESS

COMMENTS

10:00AM

10:30AM

445 GUILDERLAND

2501 WESTERN AVE

INTERIOR

10:45AM

11:15AM

444 GUILDERLAND

3040 SQUIRE BLVD

INTERIOR

APPOINTMENTS FOR SHOWINGS CAN ALSO BE REQUESTED BY CALLING 518-447-7086.

Those appointments will be set up as time and staffing allow. No showings will take place after October 10th No Weekend or Holiday Showings are available for this Auction Listing!

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

16 Page 37

R E A L P R OP ER T Y S EA L E D B I D

PARCELS #400 and above Escrowed Funds Required Bidders will be required to submit additional funds in escrow at closing on the parcels number 400 and above. The notice below has been posted to the property folders to establish conditions set forth in the public record. This parcel has been segregated into the 400+ numbering section for Conditional Bids. Please note the following conditions for closing, see item #8 of the terms and conditions: The amount of $ will be required at closing and will be held in escrow until necessary repairs are completed. As those repairs are made, the County will confirm completion and reimburse materials costs for the following: 

Installed Roofing Material



Window Repair or Replacement



Structural Repairs to prevent deterioration



Weatherization to eliminate water intrusion 

Other

Any remaining balance of escrowed funds will be returned to the bidder if the County inspection determines that contributing conditions to blight and decay have been addressed. Failure to complete repairs within the period specified in the bidders RFB Form will result in forfeit of these funds to the County. This notice, numbering sequence and website posting(s) regarding this parcel are considered clear notice in the public record prior to recorded bids.

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 38 17

WHY DO I NEED A TITLE SEARCH/ INSURANCE? Liens are placed on properties to pay off debts when the property is sold. A title search is the process of examining all relevant records to confirm that the seller is the legal owner of a property and that no liens or other claims remain outstanding. The County forecloses upon and conveys title to delinquent real property tax lien foreclosure auction properties by their local assessment roll descriptions. Purchasers of such properties are given a “quit claim” deed conveying only whatever right, title, and interest the County acquired in them as the result of the foreclosure process. Although the foreclosure process presumptively eliminates all former interests (with limited exceptions) in and liens against such properties, a title

search by the prospective purchaser is advisable to confirm that this was in fact the case and that the County will be conveying clear title to the property. Title insurance is an option that is available to the purchaser at an additional cost t h r o u g h w h o m e v e r performed the title search, which provides the purchaser with an insurance policy in this regard. Please also read items 7, 8. and 9 in the Terms and Conditions carefully for more information! The County also does not guarantee title, proper ty s ize, boundaries, actual location, permitted use(s), zoning, or physical condition, and sells such properties “AS IS” and “WHERE IS.”

TITLE INSURANCE is the Bidder’s Responsibility! County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

Page 18 39

When can I close on my bid? BIDS MUST BE REVIEWED AND APPROVED Legislative Approval of Bids is Required Closings will be scheduled after certified copies of the Resolution authorizing sales are received by Finance—usually 45-60 days after bids are received. No closings can take place before the certified copy of that resolution is received in the Division of Finance Office. Please note that any bid can be rejected for any reason during this process.

deposit. Approved bidders that fail to close will be blocked from bidding at future auctions. The County cannot delay closing while bidders complete research on any given parcel. Title work, closing costs not owed to the County, and Water and Sewer Charges not yet levied are examples of research that must be completed prior to your closing date.

Recommended bidders from the sealed bid process will be contacted at the addresses and/or phone listed on registration materials to secure a 20% deposit from that bidder. After the bid is approved by the County Legislature, a letter will be generated with instruction for setting up closings. If you do not respond to the closing letter within 30 days you will lose your

Know your Rights and Responsibilities Make sure you have read and understand the Terms and Conditions of the Auction! County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!

R E A L P R OP ER T Y S EA L E D B I D

19 Page 40

WHERE DO I BEGIN? In order to submit a sealed bid offer on the listed properties, you must begin with these three steps: 1. Come to Room 800 at 112 State Street view the property files and then register to bid. You will be given a bidder card and bidder number to use with any bids you submit. Photo ID will be required for registration. If you have registered for bidding in 2014, we have your registration materials on file; 2. Set up an appointment to view the property. Scheduled showings have been set up and posted on line. Bidders must do on-site inspections prior to submitting bids; 3. Figure out what your cost of rehab will be for any building, what the zoned use is for vacant land, and add those costs to the bid form. Remember to include “sweat equity” where you are doing the work yourself! 4. Use the County provided RFB 2014 form on the website, or available at the County Offices. Bidders must be pre-qualified By registering you are certifying that you meet these basic criteria:  No unresolved citations or Code Violations, no Vacant Building Court Actions within the past 3 years, no emergency demolitions of bidder-owned property;  No Criminal Activity at any property owned by Bidder;  No Delinquent Taxes;  No abandonment of property to foreclosure within the past two years. Once registered, the County will perform background checks on all bidders to confirm that none of these conditions exist PRIOR to accepting bids. Deeds can only be recorded into the name of the registered bidder! Escrow Funds Required for Section Numbered 400+ Invest in Success! The County will require escrow funds where property condition is noted as fair to poor, or other contributing factors to blight are noted. In these instances the bidder will be required to provide a certified funds check at closing. As repairs are made, these funds will be released back to the owner.

County of Albany | Sealed Bids | October 15, 2014 | PLEASE TAKE NOTE OF THE TERMS AND CONDITIONS, BY BIDDING YOU ARE BOUND BY THEM!