2019 WYOMING COUNTY REAL PROPERTY TAX FORECLOSURE AUCTION

Auction Date: Monday Evening - August 26th 6:00 PM

Auction Location: North Java Fire Hall - 4274 Route 98, North Java, New York 14113

"TERMS & CONDITIONS"

Wyoming County will sell at public auction various parcels of real property which have been conveyed to the County of Wyoming by Article 11 of the Real Property Tax Law. This sale is ordered by various resolutions of the Wyoming County Board of Supervisors and is in accordance with the appropriate provisions of the Real Property Tax Law and section 215 of the County Law.

1. All properties are sold in "AS-IS" condition. Bid-N-Buy Realty & Auctions, Wyoming County, nor their respective agents make any expressed or implied warranties of any kind. The descriptions and condition listed in this and other advertising materials are to be used as a guideline only and are not guaranteed. All announcements made by the Auctioneer/Broker from the auction block at the time of the sale will take precedence over all printed material. Compliance with any and all government regulations and any required repairs is the sole responsibility of the purchaser.

2. Wyoming County reserves the right to set minimum opening bids (Min. Opening Bid is $200.00 On All Parcels) and/or withdraw any or all parcels from the bid process prior to the auction for any reason.

3. The Wyoming County Treasurer's Office will send one notice to the successful bidder notifying them of any balance owed and/or recording fees. The purchase price balance shall be paid on or before 30 days following the acceptance of the bid by the Wyoming County Board of Supervisors. The balance of each transaction must be paid by cash or certified check made payable to the Wyoming County Treasurer. Recording fees shall be payable to the Wyoming County Clerk. There is a Wyoming County Board meeting Tuesday September 10th, at this meeting the board will review all bids. Deeds will be processed shortly after. Please call the Treasurer's office to verify that your deed has been processed at 585-786-8812 before you show up.

4. If the purchaser fails to pay the balance of the purchase price within 30 days, their offer shall be considered canceled, the down payment shall be forfeited, and the backup bidder may be notified and offered the parcel pending approval of the Board of Supervisors. If the backup bidder is not interested in the parcel, Bid-N-Buy Realty & Auctions will have the option to resell the property at public auction. NOTE: If any purchaser fails to complete a transaction, Wyoming County reserves the right to reject any and all future bids from said purchaser.

5. The current assessed owner of a parcel may not bid on that parcel in person, online or through an agent.

6. If a purchaser owes any outstanding or delinquent taxes to Wyoming County, those delinquent taxes must be paid in full within 10 days after the auction or Wyoming County reserves the right to resell the property with the purchaser's deposit forfeited for liquidated damages. Bidder must disclose if they are acting as the agent for another party and the identity of the party they are acting as agent for. Failure to comply with this provision will be grounds for default and forfeiture of any deposits paid. PREVIOUSLY DEFAULTING PARTIES ARE NOT ALLOWED TO BID!

7. The Wyoming County Treasurer reserves the right to group one or more properties into one sale.

8. All deeds shall be executed in the name of the person or persons listed on the purchase contract. Bidders are responsible for providing accurate information for any person(s) to be recorded on deeds prior to approval by the Board of Supervisors at the next scheduled meeting. NOTE: Please note that the name and address provided to us will be used to complete the deed. If you are representing another party, please disclose purchaser information to the cashier.

9. (1). Purchaser will be responsible for all of 2019 village taxes and any municipal bills due to that village (Example-Water Bills). Potential buyer 's should contact the village clerk (If the property is in a village) to determine if there are any outstanding municipal bills prior to the auction, (2). Purchaser will be responsible for 100% of 2019-2020 school taxes which will be released in September. It is the purchaser's responsibility to make sure the '19 - '20 School Taxes are paid. You will not receive a tax bill in the mail. (3). For any parcel in this auction, all town and county taxes prior to the auction date have been forgiven. Purchaser will be responsible for next year's town/county tax bill in January of 2020.

10. The successful and confirmed purchaser shall take possession the parcel "As-Is" with a Treasurer's Deed and subject to tenants' rights, upon delivery of the above stated deed, in such condition as exists at that date and subject to all claims and covenants, easements and restrictions on record. The County makes no representation, expressed or implied, as to the condition of any property, warranty of title, or as to the suitability of any for any particular use or occupancy. Purchasers shall be responsible for investigating and ascertaining from the appropriate building inspector's records for the legal permitted use of any property prior to purchase. Property will not be sold with a survey or an abstract of title.

11. The successful bidder shall allow access to the property for inspection by the Wyoming County Fire and/or Building Codes Enforcement Officer if necessary. The property must be brought into conformity with all building codes, fire codes, and any code requirements within such time period as directed by the appropriate enforcement officer. All codes must be met within one year of the auction date.

12. The purchaser shall "NOT" take possession of the property nor enter upon the purchased parcel until the deed has been executed and recorded by Wyoming County.

13. Any risk of loss including damage by fire, vandalism or any other cause of damage (except taking under the power of eminent domain) between the time of approval by the Board of Supervisors and the delivery of a deed is assumed by the purchaser.

14. No personal property is included in the sale of any of these parcels. The disposition of any personal property located on any parcel sold shall be the sole responsibility of the successful purchaser following the closing of sale. Evictions, if necessary, are solely the responsibility of the successful bidder after closing and recording of the deed.

15. A 10% Buyer Premium will be added to the final bid to determine the final purchase price. The minimum buyer's premium will be $200.00 per parcel. The buyer's premium for each parcel must be paid in full on the day of the auction. (Good Check or Cash must be made payable to Bid-N-Buy Realty & Auctions)

16. A Deposit of 10% (minimum of $200.00 per parcel which meets the minimum $200.00 bid) of the final purchase price payable to Wyoming County will be required for each parcel of property purchased at the auction and is due at the conclusion of the auction.

NOTE: The purchaser may pay the complete buyer's premium and county deposit with cash or good check (No credit cards). Purchasers will be required to provide cash or 2 checks per parcel purchased. Any parcel purchased for $2500.00 or less must be paid in full the day of the auction. Have your financing arranged prior to bidding at the auction!

1) Cash or check for the 10% buyer's premium (min. $200 per parcel) made out to: Bid-N-Buy Realty & Auctions (Note: Buyer Premium is due the day of the auction.)

2) Cash or check for the 10% (min. $200 per parcel) deposit made out to: The County of Wyoming

Final Bid Buyers Premium Final Purchase Price County Deposit Balance Due at Closing
Example 1: $11000 $1100 $12,100 $1100 $9900
Example 2: $3300 $330 $3630 $330 $2970
Example 3: $200 $200 $400 $200 $0

17. Upon full payment the County of Wyoming will deliver a transfer deed, which will describe the parcel and convey all of the rights, title and interest of the County of Wyoming into the parcel. The County of Wyoming will execute no warranties concerning the parcel or the title and will not deliver or be responsible for abstracts, title searches, surveys, maps or other documents concerning the parcel whatsoever. The deed shall contain a condition that Wyoming County shall in no event be or become liable for any defect in the title for any cause whatsoever, or that no claim shall ever be made against Wyoming County arising from the sale. Closing to take place in approximately 30 days. - All sales are subject to the approval of the Wyoming County Board of Supervisors.

18. "ALL PROPERTIES ARE SOLD SUBJECT TO THE RIGHT OF REDEMPTION OF THE UNITED STATES OF AMERICA."

19. Two checks are required for each parcel purchased.

Check #1 - A 10% buyer's premium or $200.00 (whichever is greater) per property must be paid in full at the completion of the auction.
This check will be made payable to Bid-N-Buy Realty & Auctions.

Check #2 - 10% or $200 per property (whichever is greater) deposit can be made payable to Wyoming County. This will be due at the completion of the auction and goes directly toward your purchase price. This is not an additional fee.

If you plan to buy multiple properties, you will need two checks for "each" parcel.

20. Online bidding is available. It is always best to come to the auction and bid live, but we do offer this service. Internet connections, software failures and power outages are out of our control, so it is in your best interest to attend the auction live. Online bidders can bid live with the auction or place a max bid. Both are acceptable. If you have any questions about this process, please call our office at 585-493-5837. Deposit checks are due from internet bidders by 5pm Tuesday August 27th. Payment must be made at Bid-N-Buy Realty & Auctions 5893 School Rd. Castile NY 14427. Failure to do so will be considered a breach of contract.

21. By receiving a bid number for this auction, whether online or at the auction location, you understand and agree to these terms & conditions. All bids are legal and binding. Once the top bid is received it will be binding until Wyoming County Board approval.

Bid Number_____________________________ Driver's License Number or Government ID #____________________________________________

By accepting this bid number I ______________________________________________________agree to abide by all the terms and conditions of sale as set forth in the "Terms and Conditions" and hereby acknowledge that I have read (or have had read to me) and understand and agree to the terms and conditions, contracts and addenda related to the purchase of the above property.
There are no additional agreements between the County and me except that which is set forth in said "Terms and Conditions".

Signature: ___________________________________________________ Date ___________________

Signature:____________________________________________________ Date___________________

Witness:_____________________________________________________ Date___________________

2019 WYOMING COUNTY REAL PROPERTY TAX FORECLOSURE AUCTION Auction Date: Monday Evening - August 26th 6:00 PM Auction Location: North Java Fire Hall (4274 Route 98, North Java, New York 14113) Auction Catalog: Properties for auction will be listed on or about Monday August 12th. Auction Type: Live Public Auction at the North Java Fire Hall w/ Online Bidding Available to those who are unable to attend the live auction. Registration: Bidders can register the day of the auction at the North Java Firehall or if you plan to bid online that registration will be open August 12th. You do not need to register online if you plan to attend the live auction. Read all of the terms and conditions prior to bidding. All bids are legal and binding.