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Local News

July 3, 2012

Up to 60 properties may be auctioned

COOPERSTOWN -- The list of tax-delinquent Otsego County properties that will be sold at auction next month has grown to nearly five dozen -- and the weak economy is an apparent factor in people being unable or unwilling to pay their debt, county Treasurer Dan Crowell said Monday.

The county's first privately run auction of real estate will be held at 11 a.m. Aug. 15 at the Holiday Inn on Route 23 in the town of Oneonta.

The properties that will be offered will be posted on the Internet in about one week, according to Crowell and Ed Haroff, owner of Haroff Auction and Realty Inc. of Schroon Lake, the auctioneer lined up by the county to run the sale.

Crowell said he has made a concerted effort to contact the owners of the delinquent properties to let them know they will lose their real estate unless they pay their tax bill to the county.

Today is the deadline for making those payments, he said. As of Monday, between 55 and 60 properties remained on the list of parcels slated to be auctioned.

"It's clear that the numbers are tied to the economy," said Crowell, noting that over the past decade the number of properties that went on the auction block hovered in the mid-30s.

He said the properties on the list consist of those whose school tax has been unpaid since 2009 and those whose property tax has been unpaid since 2010.

Some owners have simply abandoned them, and efforts to track them down have been unsuccessful, he said.

For those parcels that include occupied dwellings, he said he redoubled the effort to contact owners to explain the potential consequences of failing to pay the tax bill.

Haroff said he generally avoids speculating on how much money a batch of auctioned delinquent properties will yield for a county because he is frequently surprised by the sale prices.

"It all depends on what the interest is in a property," he said.

The buyers, he said, "are a mixture of people who are speculators, first-time home buyers and investors who are looking to invest and, hopefully, make some money."

The terms and conditions of the auctions are scheduled to be posted on Haroff's website -- www.haroff.com -- on Sunday.

Haroff, a retired state trooper, said he advises prospective buyers to view any properties they plan to bid on and talk to local assessors, code enforcement officers and neighbors to learn as much as they can about the parcel. The real estate is open for inspection the day before the auction.

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