Foreclosure Property Sales and Loss Recovery
Summary
The county sold 16 foreclosed parcels at auction and will execute quitclaim deeds. One small Ithaca parcel sold for so little the county took a loss, and the county attorney said there's no direct way to recover it from the former owner — an Albany problem, members agreed.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Sep 8, 2026.
Impact analysis
The county absorbed a loss on at least one parcel sold below the taxes owed.
Buyers of the foreclosed properties who receive clear title.
County taxpayers absorb the loss on under-selling parcels.
Mentions & discussions (1)
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