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 RFB can be withdrawn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!