Town Owned Properties for Sale
List of Town Owned Properties Currently For Sale
Updated June 27, 2016:
Currently the town does not have any properties for sale.
Frequently Asked Questions
- How does the town acquire property for sale?
- When a property owner does not pay their property taxes, the property goes into a lien status for that year’s taxes. When the property owner fails to pay their taxes for a period of three (3) years, the town then takes deed/ownership of the property.
- When does the town decide to sell property?
- In most cases, the town holds the property for a period of three (3) years before offering it for public sale. In some cases the town has offered property for sale for less than the three-year period.
- Who can buy the property?
- When the property is offered for sale, the public is notified and the Town accepts sealed bids for a period of time. A property packet of information pertaining to the deeded property such as location, acreage, past deed of ownership, property card, tax information, and so forth can be obtained through the Selectmen’s office.
- Do I need to have a certain amount of money down?
- The acceptance of a bid is at the discretion of the Board of Selectmen. A down payment may be required at the time the bid is accepted by the Board, which would be determined prior to accepting bids and would be noted in the “property packet”.
- What has to be paid at the time of purchase?
- The back taxes, penalties, fees are included in the sale price of the property.
- What other information should a prospective buyer know?
- Upon sale and acceptance of the property, the town files the quitclaim at the Grafton Registry, and upon signing, also files the required DRA forms including the CD57-P & CD57-S. The Buyer is responsible for paying the buyer portion of the transfer tax fees.