INDUSTRY NEWS: TAX SALES

1,200-Plus Properties on County Auction Block in San Diego

Tuesday, April 3, 2018   (0 Comments)
Posted by: Carly Cahur
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Starting Monday, interested bidders can register for the online tax sale auction, hosted by the San Diego County Treasurer-Tax Collector’s Office (TTC). This is the second virtual auction for the agency following the record-breaking sales last year.

“Bidders enthusiastically responded to the ease and convenience that our online auction brings,” Treasurer-Tax Collector Dan McAllister said. “We were able to sell 648 properties for $7.8 million in 2017, topping our previous sales record of $3.5 million in 2013.”

If the trend continues, this year’s auction could break another record for the county, he said.

This year’s auction will take place from May 4 to 9 and registration ends April 26. Bidders must put up a $1,000 refundable deposit and a nonrefundable $35 processing fee before April 27. Read more here


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