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City offers last chance to reclaim foreclosed properties

The former owners of four properties recently foreclosed on by the city have until the end of this week to pay past taxes and fees in order to reclaim their properties before the upcoming October 25 auction. The common council approved resolutions on Tuesday authorizing the removal of the properties from the auction under the condition of full payment, so that they can be re-conveyed to the original owners.

The properties approved for removal from the auction are 52 Milton Avenue, 54 Tremont Avenue, 226 East Main Street, and 38 Henry Street. If all four properties are paid, the city will realize a gain of $90,181.

According to Controller Matt Agresta, former owners looking to reclaim their properties must be able to pay the entire balance of their taxes and fees owed, including the auction company’s buyer fee, using certified funds such as a bank check or money order.

Any other property owners looking to reclaim their properties before the auction should contact the controller’s office as soon as possible, as the next council meeting on October 16 is the last opportunity for the council to approve re-conveyances.

At the end of the meeting, Agresta said that any buyer interested in a property for sale in the auction can request from city hall a free report detailing the current code violations on any given property.

About Tim Becker

Tim Becker is the owner of AnthemWebsites.com LLC which publishes The Compass. He serves as both editor and a writer.

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