NY A08793

Authorizes the village of Bloomingburg to sell delinquent tax liens to private parties for more or less than the face value of the liens

Requires property owners receive at least 30 days advance notice before any sale of their delinquent tax liens

Grants the village a 30-day option to repurchase any liens before a private purchaser can begin foreclosure proceedings, at the lien amount plus accrued interest and collection fees

Allows private lien purchasers to foreclose on properties through mortgage foreclosure procedures after the redemption period expires, recovering attorneys' fees and collection costs

Permits the village to pledge delinquent tax liens as loan collateral or hire third-party collectors, with collection fees capped at 10% of the outstanding lien balance to be paid by the delinquent taxpayer