2017 City Of Kingston Public Auction Conducted By George Cole Auctions & Realty

Transcription

1 NOTICE OF ONE DAY SALE AT PUBLIC AUCTION OF CITY LANDS IN COMMON COUNCIL CHAMBERS AT KINGSTON CITY HALL 420 BROADWAY, KINGSTON, NY TUESDAY, NOVEMBER 14, 2017, AUCTION STARTS: 10:00 AM ONSITE REGISTRATION: 9-10AM MORE INFO/FORMS/FAQ: Pursuant to the resolution of the Common Council of the City of Kingston authorizing the sale of the parcels listed, and in the matter of the foreclosure of tax liens by proceeding In Rem pursuant to Article Eleven of the Real Property Tax Law by the City of Kingston, and all of which have remained, for more than three years, unredeemed, and for all of which the Comptroller of the City of Kingston has made and delivered his deed to the City of Kingston for the same. Listed parcels may include properties deemed hazardous, to which the City of Kingston has not taken title. The successful purchaser shall agree to fully indemnify the City of Kingston with respect to such parcel. Please take notice that in the event a parcel is not redeemed and is thereafter foreclosed, the City of Kingston assumes no responsibility for any personal property located at the foreclosed premises, and any such personal property shall, as of the time the property is thereafter sold at public auction, be deemed abandoned TERMS OF SALE 1. The foregoing information and description are complete as far as the records and knowledge of the undersigned - UPDATED AS OF: NOVEMBER 6, indicate. An express condition of this sale is that no warranty or representation is made as to the accuracy of any description or as to title. The City makes no representation that any parcel is free from mortgages, liens, judgments, or encumbrances of any kind; that any building or improvements exist, even though the descriptions may state that the building or improvements exist thereon. 2. The City reserves the right but shall not be obligated to provide any additional information regarding any parcel on the date of sale. Research should be done prior to auction by prospective bidder. 3. The right is reserved by the undersigned to withdraw any of the aforementioned parcels from such sale at any time before the same are struck down, or to reject any and all bids made at the time of the sale with respect thereto. 4. At the time and place of auction, all purchasers will sign a memorandum of purchase wherein the purchaser affirms that he or she is not acting on behalf of the former owner(s). 5. At the time the premises are struck down, the successful bidder will be required immediately to pay at least 20% of his/her bid by cash, certified check, cashier s check or money order(s) and a separate check For $ or $310.00, depending on the classification of the property, for the recording fee for the transfer papers. All bids $500 dollars and under must be paid in full at the time of the sale. The balance of the said bid must be paid in cash, certified check, cashier s check or money order(s) to the City of Kingston within fifteen (15) business days from the time the premises are struck down or the offer shall be deemed

2 withdrawn and the moneys paid will be forfeited. The bidder will pay the Auctioneer s commission of 10% of the purchase price directly to the Auctioneer on the date of the sale. 6. The City Comptroller or his representative may declare such brief recesses during conduct of the sale as may be reasonable and feasible. 7. If a successful bidder wishes to immediately bid on a next property coming up for sale, he/she may delay payment on prior parcel until after the second parcel is sold. 8. Every bid made at the sale shall be deemed a firm offer to purchase, subject to acceptance or rejection by the Common Council of the City of Kingston, in its sole and absolute discretion. If accepted, a quitclaim deed conveying the interest of the City in the parcel of land will be executed and delivered. The successful bidder is subject to the condition, and covenant that the said City of Kingston shall in no event be or become liable for any defects in title so conveyed for any cause whatsoever, and no claim or demand of any nature shall ever be made against the City of Kingston arising from such sale or proceedings leading thereto. In the event any offer is rejected by the Common Council of the City of Kingston, the moneys paid thereunder shall be promptly refunded. 9. Bids will not be submitted to the Common Council of the City of Kingston until they are paid in full. Transfer gains and E & A forms must be fully completed by a bidder to allow recording of the deed. If bidder fails to comply with these requirements, his/her bid will be rejected and money returned or forfeited. - UPDATED AS OF: NOVEMBER 6, The opening bid shall be the redemption amount listed for each property except, in instances where the City Comptroller has established a lower minimum. Succeeding bids must be made in multiples of at least $ Interest is not paid on bids rejected by the Common Council. 11. The purchaser of any of said parcels shall, at the time and place of sale, sign a memorandum of his/her offer to purchase and an agreement to comply with the terms and conditions of sale herein contained, and to execute transfer gains and E & A forms to allow recording of the deed. When taking title to property in more than one name, please be specific as to the form of ownership you would like the deed to be in, i.e. (tenants in common, joint tenants with right of survivorship, or in the case of a married couple tenants by the entirety). There are significant differences in each form of ownership, so if one is unsure or has questions, a private attorney should be consulted. 12. Upon the approval of the purchase bid, the deed will be filed with the County Clerk. 13. Possession of property is forbidden until the deed is recorded with the Ulster County Clerk conveying title to the purchaser(s). Title vests upon the recording of the deed. 14. Successful bidders shall be responsible for payment of the 2017/2018 school taxes and 2017 general taxes, with same being pro-rated.

3 - UPDATED AS OF: NOVEMBER 6, Evictions, if necessary, are the sole responsibility of the successful bidder once the deed has been recorded in their name. 16. Bids will only be accepted from registered bidders with a bid card. All interested parties must be registered to receive a bid card in order to bid and are required to provide proper picture I.D. with a signature. IMPORTANT NOTICE The City of Kingston strongly recommends that prospective bidders thoroughly research/investigate any property(ies) they are planning on bidding on for judgments, liens, mortgages, exact location, description, physical condition and legal use prior to bidding at the auction. If you have not thoroughly researched and investigated the property(ies) that you plan on bidding on, and/or do not have the correct form of payment in place at the time and place of this auction, Please Do Not Bid On Any Of Them. IF YOU ARE DISSATISFIED WITH YOUR PURCHASE AND DO NOT PAY YOUR BID BALANCE YOU WILL NOT RECEIVE YOUR MONIES BACK. MONIES PAID WILL BE FORFEITED. 3

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5 LOT #1 20 BOULDER AVE - 1 PARCEL SBL

6 LOT #1 20 BOULDER AVE - 1 PARCEL SBL

7 LOT # HANRATTY STREET - 1 PARCEL SBL

8 LOT # HANRATTY STREET - 1 PARCEL SBL

9 LOT #3 MASON HILL - 1 PARCEL SBL

10 LOT #3 MASON HILL - 1 PARCEL SBL

11 LOT #4 255 ABEEL STREET - 1 PARCEL SBL

12 LOT #4 255 ABEEL STREET - 1 PARCEL SBL

13 LOT #5 36 KLINGBERG & KLINGBERG - 2 PARCELS SBL & SBL SBL

14 LOT #5 36 KLINGBERG & KLINGBERG - 2 PARCELS SBL & SBL

15 LOT #5 36 KLINGBERG & KLINGBERG - 2 PARCELS SBL &

16 LOT #5 36 KLINGBERG & KLINGBERG - 2 PARCELS SBL &

17 LOT #6 61 KLINGBERG & 63 KLINGBERG - 2 PARCELS SBL & SBL SBL

18 LOT #6 61 KLINGBERG & 63 KLINGBERG - 2 PARCELS SBL & SBL

19 LOT #6 61 KLINGBERG & 63 KLINGBERG - 2 PARCELS SBL &

20 LOT #6 61 KLINGBERG & 63 KLINGBERG - 2 PARCELS SBL &

21 LOT #7 64 KLINGBERG - 1 PARCEL SBL

22 LOT #7 64 KLINGBERG - 1 PARCEL SBL

23 LOT #8 29 GROVE STREET - 1 PARCEL SBL

24 LOT #8 29 GROVE STREET - 1 PARCEL SBL

25 LOT #9 99 GAGE STREET - 1 PARCEL SBL

26 LOT #9 99 GAGE STREET - 1 PARCEL SBL

27 LOT # FIRST AVENUE - 1 PARCEL SBL

28 LOT # FIRST AVENUE - 1 PARCEL SBL

29 LOT # BROADWAY - 1 PARCEL SBL

30 LOT # BROADWAY - 1 PARCEL SBL

31 LOT # WILBUR AVENUE - 1 PARCEL SBL

32 LOT # WILBUR AVENUE - 1 PARCEL SBL

33 LOT # BROADWAY - 1 PARCEL SBL

34 LOT # BROADWAY - 1 PARCEL SBL

35 LOT # W. OREILLY ST - 1 PARCEL SBL

36 LOT # W. OREILLY ST - 1 PARCEL SBL

37 LOT #15 54 GILL STREET - 1 PARCEL SBL

38 LOT #15 54 GILL STREET - 1 PARCEL SBL

39 LOT # PINE STREET UNIT 144D - 1 PARCEL SBL This Parcel Map & Picture Shows The Complex Lot 16 Is ONLY UNIT 144D! 39

40 LOT # PINE STREET UNIT 144D - 1 PARCEL SBL

41 LOT # HOWLAND - 1 PARCEL SBL

42 LOT # HOWLAND - 1 PARCEL SBL

43 LOT #18 13 PRINCE STREET - 1 PARCEL SBL

44 LOT #18 13 PRINCE STREET - 1 PARCEL SBL

45 LOT #19 34 SMITH AVENUE - 1 PARCEL SBL

46 LOT #19 34 SMITH AVENUE - 1 PARCEL SBL

47 LOT #20 30 TOMPKINS STREET - 1 PARCEL SBL

48 LOT #20 30 TOMPKINS STREET - 1 PARCEL SBL

49 LOT # FLORENCE ST - 1 PARCEL SBL Blue Shaded Parcel Picture Shows 19 Florence This Parcel Is Behind 19 Florence 49

50 LOT # FLORENCE ST - 1 PARCEL SBL

51 LOT # FLORENCE ST - 1 PARCEL SBL Blue Shaded Parcel Picture Shows 25 Hayes This Parcel Is Behind 25 Hayes 51

52 LOT # FLORENCE ST - 1 PARCEL SBL

53 LOT # BOULEVARD - 1 PARCEL SBL

54 LOT # BOULEVARD - 1 PARCEL SBL

55 BROKER S CLIENT PROTECTION REGISTRATION PROCEDURE & FORM FOR 2017 CITY OF KINGSTON PUBLIC AUCTION Conducted by: George Cole Auctions & Realty Brokers To protect your clients, please type out the form on the following page (please TYPE for legibility), print it out on your brokerage letterhead (so we have proof it is official) and fax it to , it to georgecole@georgecoleauctions.com, or drop it off at our auction hall office. Deadline for submissions to be received is 10:00 am Monday, November 13, THIS REQUIREMENT HAS BEEN PROMOTED AND ADVERTISED SINCE DAY ONE AND THERE WILL BE NO EXCEPTIONS. If you have more than 5 clients please use as many copies of the form as you need. Don t forget to fully complete the BROKERAGE INFO, AND CLIENT / SALES AGENT INFO portions of the form. We only have this form to go by and may not have time to follow up to collect missing, truncated or incorrect information. IT IS NOT OUR RESPONSIBILTY TO ESTABLISH WHICH BIDDERS ARE YOUR CLIENTS. We cannot protect your agency and any commissions without this information. Your client will still need to register with our office as a bidder. This BROKERS registration form is ONLY to make sure we protect BROKER S CLIENTS. This form DOES NOT register your client to be a bidder. Bidder registration can be done onsite on the day of the auction between 9am and 10am, or during regular open office hours prior to the day of auction. Any Questions, please call us at , or send an to georgecole@georgecoleauctions.com. 55

56 IMPORTANT NOTE: It is NOT POSSIBLE to register your clients onsite. The deadline for submissions of this form to be received is 10:00 am Monday, November 13, THIS REQUIREMENT HAS BEEN PROMOTED AND ADVERTISED SINCE DAY ONE AND THERE WILL BE NO EXCEPTIONS. BROKER S CLIENT PROTECTION REGISTRATION FORM I hereby register the following as clients of my brokerage who have expressed an interest in participating in the City Of Kingston s Public Auction on November 14 th. I have executed & attached a copy of the NYS agency disclosure form for each of my clients listed below. I understand and have advised my agents and clients that each potential bidder must register to receive a bid card and must have a bid card in order to be eligible to bid. BROKERAGE INFO: BROKERS NAME FIRM NAME CONTACT INFO BROKERS SIGNATURE DATE CLIENT / SALES AGENT INFO: CLIENT S NAME SALES AGENT AGENT CELLPHONE / S). Pat Peterson Gerry Gunderson / G.Gunderson@TheTipTopNotchRealty.com 1). 2). 3). 4). 5). 56

57 BIDDER REGISTRATION FORM Please Initial Your Acknowledgment To Each Of The Following: I hereby register to participate as a bidder in the City Of Kingston s Public Auction on Nov. 14 th. I have received read and understand the terms of the auction. I agree to abide by the terms of the auction. I understand that immediately following the fall of the hammer I will be required to make 1 payment equal to at least 20% of the hammer price payable to City of Kingston. I understand that immediately following the fall of the hammer I will be required to make a second payment of either $185 or $310 (depending on the classification) payable to the City of Kingston. I understand that immediately following the fall of the hammer, I will be required to make a third payment of 10% buyers premium payable directly to George Cole Auctions & Realty. BIDDER INFO: BIDDER S NAME: <- Will Take Title? FIRM/ENTITY NAME: <- Will Take Title? Address 1: Address 2: City / State / Zip: Best Phone: Credit Card Info: (REQUIRED even if paying by check or cash) Visa / MC / DISC / AMEX: Card Exp: 3 Digit CSC Code On Back: Billing Zip Code: IDENTIFICATION: NY Drivers License: Y/N - ID#: Other Issuing Authority: I certify the above to be true and accurate to the best of my knowledge, BIDDER S NAME PRINT BIDDER S SIGNATURE DATE 57

58 BIDDER REGISTRATION INFO FAQ - AS OF 10/23/ The auction is open to the public and anyone who maintains peaceable composure may attend. ANYONE WISHING TO PARTICIPATE IN THE BIDDING PROCESS MUST BE REGISTERED AND RECEIVE A BIDDER S CARD IN ORDER TO HAVE A BID RECOGNIZED. The person or entity who is registered is responsible for payment. Bidder Registration is different than Brokers Client Protection Registration. BROKERS: Your client will still need to complete BIDDER REGISTRATION with our office to participate as a bidder. (The BROKER S registration form is ONLY to make sure we protect BROKER S CLIENTS. The BIDDER REGISTRATION is for the actual bidder who will purchase the property.) On-Site Bidder registration can be done onsite on the day of the auction between 9am and 10am in the Common Council Chambers at Kingston City Hall, 420 Broadway Street. Advance Bidder Registration (Prior to 5pm on Monday, November 13 th, 2017), requires filling out the Bidder Registration Form Completely, And submitting it along a photo copy/scan/picture of your photo id. Advance Bidder Registration can be submitted by fax to , to georgecole@georgecoleauctions.com or drop it to our auction hall during normal business hours... Call for more info / directions. Advance Registered Bidder s will still need to check in onsite to receive bidder s card. Any other Questions, please call us at , or send an to georgecole@georgecoleauctions.com. 58