Notice of Sealed Bid

NOTICE OF SEALED BID SALE OF TAX-FORECLOSED PROPERTIES
VILLAGE OF STAMFORD, NEW YORK

The Village of Stamford will conduct a sealed bid sale for the following tax-foreclosed properties:

Date of Bid Opening: February 26, 2025
Time: 10:00am
Location: Village Hall, 84 Main Street, Stamford, NY

Property Information:
A list of available properties, including minimum bid amounts, are as set forth below. Additional information be obtained on our website at, www.stamfordny.com or at the Clerk’s office at 84 Main Street during regular business hours or by calling 607-652-6671.

Address                                   Tax Map #                                           Minimum Bid

21 Main St                              54.11-1-1.2                                          $35,000.00

9 Roosevelt Ave                     54.6-1-10                                             $22,000.00     

35 Railroad Ave                      54.9-8-6                                               $18,000.00

Terms and Conditions:

  1. Minimum Bids: Each property will have a minimum bid amount as listed.
  2. Bid Submission:
    • All bids must be submitted in a sealed envelope labeled “Sealed Bid for Tax-Foreclosed Property” and include the bidder’s name, contact information, the property address or tax map ID, and the bid amount.
    • Bids must be received by Wednesday February 26, 2025 at 10:00am at 84 Main Street, Stamford NY. Late bids will not be accepted.
  3. Payment Requirements:
    • A deposit of 10% of the bid amount is required within 3 business days after the bid is awarded, payable by cash, certified check, or money order. Failure to complete the payment will result in forfeiture of the bid and the second highest bid will be offered the property.
    • The balance must be paid in full within 30 calendar days after notification of the award. Failure to complete the payment will result in forfeiture of the deposit and loss of the property.
  4. Property Conditions: Properties are sold “as is, where is,” with no warranty as to condition, marketability of title, occupancy, or suitability for use. Bidders are encouraged to inspect properties prior to bidding.
  5. Right to Reject Bids: The Village of Stamford reserves the right to reject any and all bids or withdraw properties from the sale at its sole discretion.
  6. Closing Costs: Deed and Closing Costs: A quitclaim deed in recordable form will be provided to the purchaser. The successful bidder will be responsible for all deed recording fees, and transfer tax, if applicable.

Additional Information:

  • Properties may be subject to outstanding liens or encumbrances.
  • Interested parties are advised to conduct their due diligence prior to bidding.

For questions or further details, please contact the Stamford Village Clerk’s Office at 607-652-6671.

By Order of the Village of Stamford
Jamison Hanway Clerk
January 29, 2025