Monticello, NY – Properties in Sullivan County subject to this year’s tax foreclosure proceeding can be redeemed through May 3, 2021.
“The current redemption date is February 26, 2021,” explained County Treasurer Nancy Buck. “The State’s COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020, however, created a stay of the foreclosure proceeding based on the hardships on property owners created by the coronavirus pandemic. In consultation with my staff, I chose May 3, 2021 as the new redemption date.”
County Court Judge James R. Farrell agreed with the extension and issued a Court Order confirming it.
State law permits owners of properties facing foreclosure to “redeem” those properties – removing them from the foreclosure list – by paying the outstanding taxes and associated penalties before a foreclosure sale is conducted.
“While I could restrict this extension just to those who can prove a COVID-19-related hardship, I don’t believe my office should be picking and choosing,” Buck added. “We want everyone to remain in their homes and keep their properties for as long as they are able. The very last resort is foreclosure – which we undertake reluctantly and carefully, according to State law.”
“If this extra amount of time is the key to someone retaining their home and land, I’m glad that we can offer it to the taxpayers,” she affirmed.
For more information, contact the Treasurer’s Office at 845-807-0200.