TOWN OF GREENBUSH
INSTRUCTIONS FOR BIDDERS
TAX-ACQUIRED PROPERTY SEALED BIDS – 2018

The Town of Greenbush is accepting sealed bids on the attached list of tax-acquired properties to sell the Town’s interest on these properties acquired through the tax lien foreclosure process. The list of tax acquired properties for sale is attached and includes the Map/Lot, Account number, Former owner information, location/address of property, whether the property is land only or has a building and whether the building is currently occupied, land and/or building value, and minimum bid required amount. The packet of information will also include the tax detail sheet showing the amount of taxes due and a copy of the tax map showing the property location on the tax map.

Sealed bids will be accepted until 4:00 p.m. on Thursday, November 8, 2018. All sealed bids will be opened and read at the Board of Selectmen meeting on Thursday, November 8, 2018. If a bidder is going to bid on more than one property, the bidder must submit a separate bid for each property is a separate envelope with separate 10% deposit check included with each bid and marked on the outside envelope as “Tax Acquired Property Bid”.

All bids must include the following information: Bidders name and address, telephone number, the account number and map/lot information to identify which property the bid is submitted for and the bid offer/amount. A deposit check for 10% equal to your bid amount must be included with the bid in the sealed envelope. Any bid received without the 10% deposit check will be rejected. The deposit check will be credited towards the total bid amount for only the winning bid. The winning bidder must submit the remaining balance due within 30 days after award by the Board of Selectmen to finalize the bid. If the winning bidder fails to complete the bid requirements by not submitting the remaining balance due within 30 days, the bid will be considered voided and the Town of Greenbush will keep the deposit check. All other deposit checks for non-winners will be returned to the bidders once the bid process has been completed. The Board of Selectmen will issue a quitclaim deed without covenants to the winning bidder upon receipt of the total bid price. If the winning bidder fails to complete the bid and pay the full amount of the bid within the 30-day period, the Board of Selectmen may thereafter negotiate a sale of the property with any unsuccessful bidder or other party.

Note: The Town of Greenbush makes no warranties or representations concerning these properties of any kind whatsoever concerning the nature, extent, validity, value or utility of any rights to be conveyed. Bidders are strongly advised to consult with your attorney prior to filing a bid.

It shall be the responsibility of the winning bidder to pay the State of Maine Real Estate transfer tax, the cost to be determined at the closing. The Town of Greenbush will file the quitclaim deed and the transfer tax form at the Penobscot County Registry of Deeds.

Sealed bids must be submitted in person or by mail to the Town of Greenbush, ATTN: Tax Acquired Property Bid, PO Box 230, 132 Military Road, Greenbush, ME 04418 by the deadline noted above. The board of Selectmen reserves the right to accept or reject any or all bids. For more information contact the Town Office at 207-826-2050 or email – greenbush.tax@myottmail.com or the town’s website at townofgreenbushmaine.org.

   SELECTMEN    MEETINGS
Thursdays at 7:00 PM Town Office conference room - Upcoming Dates:

The public is welcome to attend.  Open Forum is available for public comment.