Join us for an in depth look at tax lien sales and the online bidding process.
Every year, San Diego County auctions off properties from Jamul to the South Bay because the owners of those homes and lots are chronically behind on their property taxes. Most property owners end up meeting the deadline, saving their land from auction.
When the county ends up auctioning off properties, most are not desirable to own so owners decide it is easier to stop paying taxes on property they cannot use.
What does that mean for you?
Here's another tool you can use to find properties in San Diego. Did you know you can bid online? You can bid on improved and unimproved property and timeshare intervals that have been delinquent for more than five years. You can easily access tax sale information and property tax auction results, as well as research properties and enter bids whenever, wherever from your smartphone or desktop computer.
What You Will Learn:
- Who can Bid? What are the rules?- Right of Redemption- Do Your Due Diligence. Research Before You Invest!- Important Information for Bidders- Where to go to bid on properties- Deed Information- Timeshare Associations
As with all real estate purchases, there is potential risk involved. It is very important that you read all of the information, terms and conditions, instructions, and disclaimers about the tax auction on the website to familiarize yourself with the process prior to making a bid.