Step-by-Step Guide to Onondaga County Tax Sales for Smart Investors

Onondaga County, located in New York State, offers fantastic opportunities for tax deed auctions, which can be a great way to invest in property at a lower cost. If you’re looking to dive into tax deed investing here, you’ll find it beneficial to know the details and terms of these auctions to avoid any future hassles.

What to Know Before Buying at Onondaga County Auctions

In Onondaga County, tax deeds are auctioned off to the highest bidder. If you win the auction, you become the new owner of the property. It may seem simple. However, it is essential to adhere to the guidelines for successful bidders.

Please keep the guidelines in mind if you plan to participate in the auction:

• Before bidding, it is crucial to read and understand the terms of sale thoroughly. Please ensure that you are interested in buying the property before you place a bid.

• You will be responsible for paying the current year’s village and school tax bills related to the property that you have purchased.

• After winning the bid, the County Clerk’s office records the deed approximately 6 to 8 weeks after the auction. You can take possession only after the official recording.

• If you stop payment on a check or breach the contract, you will not be eligible to participate in future auctions.

• If you have any delinquent taxes on your existing property in Onondaga County, you will not be eligible to bid on any properties. You must make the full payment by the due date using certified funds.

To start, you can access the Onondaga County website. From there, navigate to the homepage’s ‘property tax information’ section. On the left-hand side, you will find a section labelled ‘Real Property Auction.’ Click on it to view more detailed information about the Onondaga County Property Auction.

Why Invest in Onondaga County?

Onondaga County, home to the vibrant city of Syracuse, blends urban vibes with suburban comfort. This region has rich historical roots, dating back to when it was a hub for the salt industry. Today, people recognize it for its beautiful landscapes, lakes, and thriving community. Investing here can be rewarding due to the continuous growth and development projects like the cleanup of Onondaga Lake and downtown Syracuse’s revitalization.

Auction Details

Detail	Information
Auction Type	Tax Deed
Minimum Bid	$100
Deposit	$10,000 (credit card)
Location	Online (Brzostek)

Steps to Participate

• Research Local Laws: Understand the legal framework in Onondaga County.

• Visit County Websites: Check Onondaga County Real Property Tax and County Website for auction details.

• Check the Auction Site: Auctions are held online; visit Brzostek for more information.

• Read Auction Terms: Thoroughly understand the auction terms, bidder certification, and purchase contract.

• Contact the County Office: For additional inquiries, reach out to the county office for clarification.

Important Considerations

Delinquent Taxes: Ensure you have no delinquent taxes on any property in Onondaga County before registering.

Winning Bid Payment: You must make a $10,000 down payment immediately after winning the bid.

Property Possession: The County Clerk will record the deed 6–8 weeks after the auction, and you can take possession once the recording is complete.

Pro Tips

Complete the Purchase: If you fail to make the required down payment or complete the purchase, you will be prohibited from participating in future auctions.

Legal Adherence: Ensure you adhere to all terms and conditions to avoid legal actions from the county.

Useful Links

• Onondaga County Tax Deed Auctions
• Onondaga County Home Page

For more tips and a free customized Tax Lien & Deed investing plan, check out our resources here.

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