Property Auction - 7 Wilson Hill Branch Rd

Thursday, December 10, 2020, 11:00 am until 11:00 am
Colrain Town Office - outside or call in for results

Please note the Town office is closed to the public. Bids can be mailed or dropped off in the mail slot prior to 11 AM on Thursday, December 10, 2020.

LEGAL NOTICE

TOWN OF COLRAIN

CUSTODIAN OF TAX TITLE POSSESSIONS

SALE OF TAX TITLE POSSESSION

M.G.L. CHAPTER 60, SECTION 77B

THURSDAY, DECEMBER 10, 2020, 11 AM

TOWN HALL

55 MAIN ROAD

COLRAIN, MASSACHUSETTS

Notice is hereby given that on December 10, 2020 at 11 AM at the Town Hall, pursuant to the provisions of Massachusetts General Laws, Chapter 60, §77B;

Paula Harrison, the Tax Title Custodian for the Town of Colrain, intends to sell the hereinafter described parcels of land at public auction by sealed bid.

Land with any buildings thereon located at 7 Wilson Hill Branch and identified by

Colrain Assessors as Parcel ID 1180 0002 00000.

The parcel was Taken by Instrument recorded in Book 7121, Page 289 and is described in a deed recorded in Book 6533, Page 196. See Final Judgment of Foreclosure of the Massachusetts Land Court entered on May 14, 2019 and recorded at the Franklin Registry of Deeds in Book 7369, Page 26.

Sale of the above-described parcels will be made to the highest bidder at an open and competitive sealed-bid auction. The Custodian reserves the right to reject any and all bids at the sale or any adjournment thereof which, she, in her sole discretion, deems inadequate. Bids for the above-described parcel must be submitted with a deposit of $5,000.00. The deposit must be in the form of certified check, money order or bank check. NO PERSONAL CHECKS WILL BE ACCEPTED. The remainder of the purchase price must be paid on or before December 30, 2020 or sooner by certified check, money order, bank check or attorney IOLTA check. Failure to pay the remainder of the purchase price by December 30, 2020 will result in the forfeiture of the deposit to the Town of Colrain.

If you wish to obtain further information about these parcel, you are encouraged to call the Custodian, Paula Harrison at 413-624-5549.

This auction sale may be subject to additional terms and conditions.

TERMS AND CONDITIONS OF SALE

Property to be sold “as is, where is” to the highest bidder. Successful bid must approximate the fair value of the property.

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.

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

December 30, 2020 or sooner by certified check, money order, bank check or attorney IOLTA check. Failure to pay the remainder of the purchase price by December 30, 2020 will result in the forfeiture of the deposit to the Town of Colrain 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 Colrain, 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.

Posted to: Tax Collector.