Annual auction deemed success
JOHNSTOWN — Fulton County government’s annual tax-delinquent property auction Wednesday went well, with about 80 properties sold, county officials said.
The event — run by Pleasant Valley-based NYSAuctions.com at the Holiday Inn — seemed to go smooth.
“Initially, everything looks very, very good,” Fulton County Treasurer Terry Blodgett said Friday.
Fulton County tries to hold at least one large auction of county-owned, tax-delinquent properties every year in June at one public site, although the county has also conducted online auctions. Properties are taken by the county through tax foreclosure.
Blodgett said all of the roughly 80 properties this time around were sold, although he is still compiling figures.
“It was one of the smallest auctions we’ve had,” the county treasurer said.
But he said the smaller auctions tend to actually do better and more quickly clear the inventory. Blodgett said he’s not sure how much Wednesday’s auction cleared from the actual tax delinquency figures. He said he may have more of a handle on preliminary figures by next week, and by the Board of Supervisors’ Finance Committee meeting set for Thursday at the County Office Building.
Results of the auction still must be certified by the full Board of Supervisors. Any bids exceeding the minimums set must also be authorized by supervisors.
Property auctions in Fulton County usually include a wide variety of lots, acreage, camps, homes, and commercial properties.
All the auction bidders were required to register and provide suitable identification, with a photo copy acceptable, prior to the auction.
NYSAuctions.com has been handling Fulton County’s auctions the last few years. The firm was formed after Absolute Auctions & Realty, Inc. from Dutchess County and Haroff Auctions & Realty, Inc. from Essex County, NY combined their two real estate companies to specialize in conducting property auctions. NYSAuctions.com has successfully returned over 22,000 real properties to the tax-paying rolls, the firm says. Qualified bidders have paid more than $145 million for such properties.
Michael Anich covers Johnstown and Fulton County news. He can be reached at email@example.com.