1,200 Properties Hitting County’s Online Auction Block
Timeshares Starting as Low as $100
Get in on the action. Treasurer-Tax Collector Dan McAllister announced today that bidder registration starts April 2 for San Diego County’s second annual online tax sale auction, featuring 1,236 properties for sale.
This is the second virtual auction for the Treasurer-Tax Collector’s Office (TTC), following record breaking sales during the first online tax sale last year.
“Bidders enthusiastically responded to the ease and convenience that our online auction brings,” said McAllister. “We were able to sell 648 properties for $7.8 million in 2017, topping our previous sales record of $3.5 million in 2013. The projected values of all the properties, if sold, could break another record for revenue recovery for the County.”
This year’s auction will take place from May 4 to 9. Interested buyers can register as a bidder beginning April 2, and registration will end April 26. Bidders must put up a $1,000 refundable deposit and a nonrefundable $35 processing fee before April 27.
“Our online system is as easy as using eBay,” McAllister explained. “People sitting at home can browse and bid on 1,236 properties currently available, including 987 timeshares starting as low as $100.”
The sale also includes 96 improved properties, which include homes or businesses, and 153 unimproved properties, which are plots of land.
All sales are final, so this is a buyer beware sale. Before April, the TTC encourages everyone to research available properties on its website. There, prospective bidders should also sign up for TTC e-notifications to receive email reminders about important deadlines.
Property owners can avoid going to sale; they have until 5 p.m. on May 3 to redeem their parcel and pay all taxes and fees owned. Sixty-two of the properties up for sale have owners living in them. Over the past five years, TTC notices, calls and late bills have not been responded to. Before the sale, every effort will be made to personally contact the owners of these properties again to warn them about the impending sale.