Sale of Foreclosed Properties Yields Profit for OC

Sale of Foreclosed Properties Yields Profit for OC
NYSAuctions.com staff at the Emergency Services Center in Goshen on Sept. 30, 2016. Colin Fredericson/Epoch Times
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GOSHEN—Orange County held a countywide property auction on Sept. 29 and 30, which the county benefited by putting foreclosed property back on the tax rolls. 

There were 128 properties from 2016 and 280 properties leftover from previous years, some dating back to the 1990s.

All told, the county made a profit of $917,869 when the back taxes owed on the 2016 parcels, worth $802,581, are subtracted. 

The Sept. 30 session saw the remaining pieces of property go up for auction to bidders both in the audience and online.

By the end there were 59 individual properties, and one multi-parcel unit containing 32 parcels, leftover from 2016.

This auction offered technological improvements over previous auctions by the county. NYSAuctions.com hosted the auction and handled all the bidding, transactions, and logistical matters.

Director of Real Property John McCarey and Commissioner of Finance Karin Hablow at the Emergency Services Center in Goshen on Sept. 30. (Colin Fredericson/Epoch Times)
Director of Real Property John McCarey and Commissioner of Finance Karin Hablow at the Emergency Services Center in Goshen on Sept. 30. Colin Fredericson/Epoch Times
Colin Fredericson
Colin Fredericson
Reporter
Colin is a New York-based reporter. He covers Entertainment, U.S., and international news. Besides writing for online news outlets he has worked in online marketing and advertising, done voiceover work, and has a background in sound engineering and filmmaking. His foreign language skills include Spanish and Chinese.