Broome County, New York
County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.
Sale typestate default
Redemption periodstate default
Investor returnstate default
Governing statutestate default
Notes
New York In Rem tax foreclosure county. Broome County Real Property Tax Services forecloses multi-year delinquencies then auctions surplus parcels. Recent format: live event (e.g. Holiday Inn Arena, Binghamton) with optional online bidding via Mel Manasse & Son Auctioneers (manasseauctions.com) — typically annual November cycle. Confirm each year’s hybrid vs. online-only terms on county RPTS and Manasse notices. Separate from pure mortgage foreclosure auctions.
Auction logistics
Format
Frequency
Deposit rules
Title risk
Deal maths for New York
- Assessment ratio
- 1× of market value
- Typical quiet title
- $1,800–$5,000 · 5 mo
- Recording and transfer
- $300
New York has no statewide level of assessment. Each of 1,200+ assessing units sets its own, and ORPTS publishes an equalization rate and residential assessment ratio per unit each year. 1.0 is used here as a deliberate floor — see the derived-ARV note — not as a claim that New York assesses at full value.
Offices and records
Areas trending up
Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.
University and hospital employment supporting selective urban multifamily demand
Binghamton University adjacency with stronger renter and SF liquidity
Relative entry pricing with industrial-heritage inventory; underwrite carefully