COMMONWEALTH OF MASSACHUSETTS
TOWN OF OTIS
OFFICE OF THE CUSTODIAN
AUCTION OF PROPERTY ACQUIRED BY FORECLOSURE OF TAX TITLE
TO THE FORMER OWNER OF RECORD AND TO ALL OTHERS INTERESTED:
Notice is hereby given that on Monday the 9th of September 2019
at 7:30 p.m. , at the Otis Town Hall, 1 North Main Road, Otis, acting on behalf of the Town of Otis and in accordance with the provisions of Massachusetts General Laws, Chapter 60, §77B,
I SHALL OFFER FOR SALE AT BY PUBLIC SEALED BID AUCTION the hereinafter described property acquired by said town by foreclosure of the tax title thereon.
Property Description: Land situated in Otis being approximately 12,000 square feet more or less located on Brookman Drive as described in Town Assessors’ records as Map 18C, Plot 57 and in the Berkshire Middle District Registry of Deeds in Book 758, Page 226.
*** For more information on the above-mentioned parcel, contact Otis Tax Title Custodian Karen Fink at 413-269-0100 x108.
TERMS AND CONDITIONS OF SALE
Property to be sold “as is, where is” to the highest bidder. Successful bids must approximate the fair value of the property and must be at least $30,000.
The Custodian reserves the right to reject any and all bids at the sale or any adjournment thereof which, in her sole discretion, she deems inadequate.
All bids must be submitted with a deposit of $5,000.
The deposit must be in the form of certified check, money order or bank check or attorney IOLTA check. NO PERSONAL CHECKS WILL BE ACCEPTED. The remainder of the purchase price must be paid by
October 1, 2019 or sooner by certified check, money order, bank check or attorney IOLTA check. Failure to pay the remainder of the purchase price by October 1, 2019 will result in the forfeiture of the deposit to the Town of Otis, and the sale will be made to the second highest bidder.
All Buyers will be required to 1) sign and file a disclosure statement pursuant to M.G.L. c. 7, § 40J giving the names and addresses of all persons who will have a beneficial interest in the property with the Commissioner of Capital Asset Management and Maintenance; 2) sign under the penalties of perjury an affidavit indicating that no one who would gain equity in the property has been convicted of a crime involving the willful and malicious setting of a fire or of a crime involving the aiding, counseling or procuring of a willful and malicious setting of a fire, or of a crime involving the fraudulent filing of a claim for fire insurance; or is delinquent in the payment of real estate taxes to the Town of Otis, or if delinquent, that a pending application for abatement of such tax, or a pending petition before the appellate tax board has been filed in good faith.
All buyers will be required to pay pro forma taxes as required by
M.G.L. c. 44, § 63A, the fee for recording the Treasurer’s Deed, and a special assessment of $500 for closing costs.
Properties are sold subject to all applicable septic/disposal system inspection/upgrade requirements as set for the in the Department of Environmental Protection’s Title 5 310 CMR, Section 15.301(f).
Additional terms and conditions may apply.