MONTICELLO – After being delayed by the COVID-19 pandemic, Sullivan County’s annual tax foreclosure property auction will take place Oct. 20 and 21.
This year’s auction will be conducted entirely online.
County Treasurer Nancy Buck does not know how much the proceeds might offset the county deficits created by the pandemic, but she said, “just getting some cash flow in will be great.”
Unlike some government auctions, the county’s does not include a requirement that the minimum price paid be at least the amount of the outstanding taxes.
Also, Buck said there is always the possibility that a lot of the smaller parcels will not sell.
The auction catalog includes 276 properties, with a large majority of those — 194 — being vacant residential properties.
Source: https://www.recordonline.com/story/marketplace/real-estate/2020/09/30/sullivan-county-2020-tax-foreclosure-auction-virtual/3586476001/
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