SCHENECTADY – Dozens of foreclosed properties throughout Schenectady County are now up for auction.
The county on Tuesday announced the start of the 2022 Foreclosure Property Auction, which is being held virtually until Oct. 21. A total of 47 properties are up for auction.
This year’s auction marks the first to take place in Schenectady County since the pandemic hit in 2020.
Lawmakers previously suspended foreclosures and canceled three months of incurred interest on property taxes in 2020 and five months of interest in 2021.
“Our hope is that all the auction properties will be purchased and placed back on the local tax rolls, increasing the overall tax base and lowering the burden for property owners,” Anthony Jasenski, chairman of the Schenectady County Legislature, said in a statement.
More than 400 properties have been put back on local tax rolls through the auction since 2008, according to the county. Other properties have been transferred to local municipalities or dedicated as park land to expand green space.
To view the properties up for auction, visit: www.tinyurl.com/3r65x98m.