April 20 - postponed
Next Scheduled Auction:
ATTENTION FIRST TIME HOME BUYERS!
You may be eligible for a property tax exemption...
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Welcome to the Albany County Auction Information Page
Albany County has an effective and robust collection process for delinquent taxes—over 95% of the unpaid tax bills received each year are paid prior to foreclosure. All efforts are made to get taxes paid prior to the in rem foreclosure, including yearly letters, on-site visits and contact regarding installment plans.
Where properties remain unpaid, the County sends certified mail notices to all owners, lienholders and interested parties in the public record. A list of the properties and owners are published in legal advertising during the period of redemption, and a listing of the unpaid parcels is posted to Albany County's Auction website for public review.
Where taxes remain unpaid after that process concludes, the County takes possession and sells properties in accordance with the Real Property Disposition Plan. Any parcels not transferred to support local revitalization or affordable housing projects are offered for sale at public auction.
Research conditions carefully prior to bidding! Most properties listed for public auction sale are distressed. You should find out why the owner didn't sell prior to foreclosure. If grant money existed to rehab the building, it likely would have been requested by local housing organizations in the pre-auction process. You can check local vacant building registries to see how long the property has been vacant.
If you are declared the successful bidder or backup bidder, you will be asked for a 20% deposit in certified funds. A completed Resolution 80 form detailing intended use of the bid property will be required with your deposit. The bid amounts and forms are forwarded to the Albany County Legislature for authorization to sell. That process generally takes 45-60 days after bidding closes. Deposits will be returned if any bid is not approved by the Legislature.
Remember, most sales are not contingent on financing. If you cannot pay for your purchase, you may lose your deposit(s).
ALBANY COUNTY DOES NOT PROVIDE TITLE INSURANCE ON ANY PARCEL SOLD. We strongly recommend that bidders secure title searches prior to bidding and/or closing on properties.
Please check our website each month!