CITY OF NEW BEDFORD, MASSACHUSETTS

PUBLIC AUCTION OF TAX POSSESSIONS

SATURDAY, MAY 16, 2009

Notice is hereby given that the City of New Bedford, acting and through its Custodian of Tax Possession (The Custodian) in accordance with the provisions of Massmachusetts General Laws, Chapter 60, Section 77 A and 77B will sell by Public Auction the following parcels of real property with all rights, title, and interest herewith on the 16th day of May 2009, said Public Auction will take place at the properties to be auctioned at the time set forth below.

Note: Registration of Bidders shall be a requirement and will be done at the times indicated below. All prospective bidders must be aware that proper personal identification and a minimum deposit per property will be required at the time of the auction. In the event that the highest bidder chooses to withdraw from the sale for any reason, please be advised THAT THE DEPOSIT WILL BE FORFEITED. Also be further advised that due to various circumstances, such as present condition or current occupancy of some properties, the City of New Bedford cannot guarantee access to all properties. No representation as to the occupancy and condition of each property is made and potential bidders are strongly recommended to Attend Any of the Viewings of each of the Properties to Determine the Current (As Is) condition of each property. It is strongly recommended that all bidders perform all their own "due diligence" prior to the auction. Please call The Tax Title Office (508-979-1429) who will conduct the Auction viewings of the referenced properties as follow.

FOLLOWING SALES WILL BE CONDUCTED ON THE PREMISES

Property Address: 4 Marcotte Street
Plat 125B Lots 146, 147,148,149 and 150
Approx. 8,000 SF Lot. A buildable lot which currently has a six room colonial with 2 bedrooms and 1 bath with approx. 1,140 sq. ft. of living area, which need TLC.
Viewing Property/Reg. of Bidders: 8:30 A.M.-9:000 A.M.

SUGGESTED OPENING BID $ 25,000

Auction Time:9:00 A.M. SATURDAY MAY 16, 2009
Deposit: $ 10,000 Certified or Bank Check Non-Refundable

Property Address: 39 Nancy Street -- Plat 132E Lot 72
Approx. 8,098 SF Lot-This single family ranch has 5 rooms consisting of 3 bedrooms and 1 bath with appprox. 1,196 sq. ft. of living area.
Viewing of Property/Reg of Bidders: 9:30-10:00 A.M.

SUGGESTED OPENING BID $75,000

Auction Time: 10:00 A.M. SATURDAY MAY 16, 2009
Deposit: $ 10,000 Certified or Bank Check Non-Refundable

Property Address: 154 Eugenia Street -- Plat 106 Lot 55
Approx. 6,264 SF Lot-Multi-Family, 30 rooms, consisting of 15 bedrooms and 7 baths.There is approx. 7,921 sq. ft. of living area.
Viewing Property/Reg. of Bidders: 10:30 A.M.-11:00 A.M.

SUGGESTED OPENING BID $ 50,000

Auction Time: 11:00 A.M. SATURDAY MAY 16, 2009
Deposit: $ 10,000 Certified or Bank Check Non-Refundable

NON-REFUNDABLE DEPOSIT ON ALL PARCELS

The Custodian Reserves The Right to Accept or Reject Any and All Bids:

TERMS OF SALE: A minimum deposit for Land and/or Buildings will be required to be paid by bank or certified check at the time and place of the auction as earnest money (bank or certified check must be made payable to the prospective bidder, and endorsed by the accepted bidder to City Of New Bedford immediately after the conclusion of the auction). The balance of the Purchase Price is to be paid by certified or bank check within 30 days of the Sale. Time is of the Essence. Prospective bidders must have no outstanding indebtedness with the City of New Bedford. Said property will be sold "As is, Where is" and without representation or warranty as to its conditions, constitution of fitness for habitation. The accepted bidder is required to sign a Memorandum of Sale executed at the time of the Auction. In the event that the accepted bidder is unable for any reason to complete the purchase of the property the Custodian reserves the right to sell the property by Treasurer Deed to the said second highest bidder, provided the second highest bidder, shall deposit with the Custodian, the amount of the required deposit as set forth within five (5) business days after receipt of written notice of the default of the previous highest bidder and title shall be conveyed to the said highest bidder within 30 days of the required deposit. Further the Custodian reserves the right to postpone the Sale to a later time and date by public proclamation. Deposits made by unsuccessful bidders will be returned to the unsuccessful bidders at the completion of the auction. The City's primary objective of the sale is to get these parcels back on the tax roll and generate annual revenue for the City. Other terms to be announced at the sale, if any. For further information please contact the Tax Title Office of The City Of New Bedford (508) 979-1429. Sale conducted by Jay C. Kivowitz, Auctioneer, Mass. Lic. # 1344.

Note: Neither the Auctioneer or the The Tax Title Attorney nor the City of New Bedford, Massachusetts makes any representations as to the accuracy of the information contained herein

MASS LIC. #1344 RI. LIC. #3293
FLA. LIC.#AU-2341
P.O. BOX 41268 NEW BEDFORD, MA.
508-997-0768