About 18 months after it was ordered closed, the former Mountain View Manor Home for Adults will be on the auction block today to cover a delinquent $1.05 million mortgage.
The landmark brick building featuring a distinctive cupola on a hillside overlooking Middleburgh and the Schoharie Valley will be offered to the highest bidder at 10 a.m. in the lobby of the Schoharie County Office Building in Schoharie.
The 49-bed facility on state Route 145 between Middleburgh and Cobleskill was home for about 22 mostly elderly residents at the time the state Department of Health ordered it closed in June 2006 after investigators reported residents were in potential danger because the fire alarm and sprinkler systems were not working. It’s been vacant ever since, and most of first-floor windows have been boarded up.
The home’s owner, Bette J. Forshaw, then of Caroga Lake, and some staff members were also originally charged by state police with petty larceny that allegedly involved about $400 taken from the personal account of one of the home’s former residents.
The disposition of the charges was unclear this week.
The historic two-story brick building set on about 57 acres has seen a variety of uses over the past 100 years, including as a county home for the poor, a residence for Franciscan friars, and a school, before being operated as an adult-care facility under various owners since the mid-1980s.
The auction is to satisfy a May 25, 2007 foreclosure judgment in state Supreme Court in Schoharie County of about $1,365,787 against owners BJF Property Associates, according to attorney Marvin Parshall Jr., the court-appointed referee for the auction.
“We’ve gotten a few calls, people just inquiring about it,” Parshall said Monday.
With various fees and interest, about $1.4 million is due on the property, which is split over two parcels, according to Parshall.
That would include an unpaid mortgage of about $1.047 million of an original $1.050 million.
A potential minimum acceptable bid is not being divulged before the auction, said John F. D’Amanda, attorney for Rhode Island-based Textron Business Credit, which holds the mortgage being foreclosed.
Such a procedure is standard practice, D’Amanda said. He said such sales tend to be based on estimated market value.
The bank attorney has the right to determine the instructions for the auction on the day of the sale, according to Parshall.
The court doesn’t get involved in the bidding, he said.
“If people show up and nobody says a word … and there’s no opening bid, the bank will probably open the bidding,” Parshall said, based on experience with similar foreclosures.
About $51,600 in back county, town and school taxes are also due, according to a spokeswoman for the county treasurer’s office. A current 2008 county, town and school tax bill of $43,037 is also due on the property, said Middleburgh Town Clerk/Collector Brenda Lawyer.
“The plaintiff has to pay the taxes” to complete the sale, said D’Amanda. That means, in this case, Textron would be responsible for satisfying the tax bills, whether or not it ends up as the buyer.
A standard 10 percent deposit of the winning bid would be due today from the bidder, according to D’Amanda.
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Categories: Schenectady County