“Auction Hour” Educational Webinars
NYS Tax Foreclosure Resources
Article 11 and Buyer Due Diligence
NYS Real Property Tax Foreclosure – Overview of Article 11 and the steps government takes to conduct in rem foreclosure culminating in a deed sale.
Buyer Due Diligence – common steps every buyer of tax auction property should take in advance of the auction.
Preparing for Auction and Bidding Strategy
Preparing Yourself for the Auction – finalizing your research and drive-by viewings, establishing “price,” getting your down payment funds & closing funds in order, virtual or actual improved property pre-view and who will be named on the deed.
Bidding Strategies – know when to bid (get in early and accelerate to “your price”) and understanding “Choice,” “Combo,” (together as-one) and “May not have road frontage.”
Registration and Terms of Sale
Registration for Participation – step-by-step procedures for the new online system
Tax Auction Terms – review the general terms typically found at tax auctions.