Tax foreclosure auctions & environmental auctions
Tax foreclosure auctions & environmental auctions
Each year, the City of Rochester's Division of Real Estate and Treasury Bureau hold an In Rem Tax Foreclosure auction. The auction typically takes place in November. Unlike surplus auctions (on properties the City owns), In Rem Tax Foreclosure auctions are for properties where their respective owners have delinquent taxes. The starting bid is the total receivables balance due to the City.
Properties can be residential, vacant lots, parking lots, mixed use, and commercial buildings.
There are no pre-qualification requirements (unlike the surplus auctions), but you must pay a deposit of $5,000 for each property where you have the winning bid at the auction and pay the remaining balance by the following week.
Additional Info
Source : City of Rochester
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