All Forum Posts by: Robert IANNUCCILLI

I am planning to bid on a small commercial property that has a lien on it from the NYS Dept. of Taxation & Finance. I believe this is for payroll taxes that were filed without payment. Will this "fall off" at foreclosure or, if I ere the successful bidder, would I be liable for the lien?

this is a JUDICIAL Proceeding... Not a private auction. Little to NO INFO is available on the county site!!

I have a good idea of them, but I did not get them. How do I do that?

This is my FIRST time bidding!!! The property would be purchased for myself and NOT resale!!!

thanks Joe... I did a title search. There is a lien from NYS Dept of Taxation. It has to do with Past Due Payroll taxes from a business that was run out of the property. They were named in the foreclosure suit also. Will that lien follow the sale? Will I be responsible for it? Will I need to clear it from the title?

I am heading to my one and only auction this week prepared to bid. It is a property with a mortgage held by a private lender. If I am the highest bidder in the Nassau County Supreme Court will I definitely be the "winner" or might there be some undisclosed reserve up to the amount owed??

We have reason to believe that the lender is willing to accept less than the published "upset price" but I don't want to "win the auction / bidding" only to discover I won't get the property.

Can anyone help? Will the lender be involved in the open bidding??

I'M CONFUSED...