County Treasurer-Tax Collector Dan McAllister on Thursday announced that bidder registration is open for the latest online property tax auction.
“The properties for sale have been in tax default for five or more years,” McAllister said of the 468 lots in question. “In accordance with the California Revenue & Taxation Code, it’s time to get the properties back on the tax roll generating revenue for public services.”
Anyone can bid during the online auction from March 22-27. To participate, bidders must register before March 14 at the Treasurer-Tax Collector’s tax auction website.
Interested bidders also must submit a refundable $1,000 deposit and a non-refundable $35 processing fee.
The available sites include 58 residential or commercial properties, 356 timeshares and 54 parcels of land, McAllister said. He estimates that the county could bring in $3.8 million in tax revenue if all the properties sell for the minimum bid.
Potential bidders also may sign up to receive email reminders about deadlines at the Treasurer-Tax Collector web site, he said.
All sales are final. Owners of the auctioned properties still can avoid going to sale; they have until 5 p.m. on March 21 to pay all taxes and fees owed, according to a statement from McAllister’s office.
The county said that before the sale every effort is made to contact the owners of the properties to notify them about the impending sale.
– City News Service
