Big Bear, CA, May 7th, 2016 – San Bernardino County Tax Collector Oscar Valdez announced today that his office will hold its annual online auction of tax-defaulted properties beginning May 14, with staggered closing times from May 16 through May 20.
“The benefit of a tax sale is getting tax-defaulted properties back into taxpaying status to fund key public services, including education, police and fire protection, and social and public health services,” Valdez said. “Winning bidders have the opportunity to buy real estate at potentially reduced prices.”
This tax sale auction consists of approximately 4,000 properties that have been tax-defaulted for five or more years, and will include both newly-offered and re-offered properties. Some bids start as low as $900, and the highest bid wins. Tax information, maps, and other due diligence material is available for viewing online at MyTaxCollector.com. Property is sold as is and purchasers are encouraged to complete a thorough due diligence review prior to bidding. Auction properties include single-family residences, timeshares, commercial buildings, and vacant land.
To participate in this auction, an advanced deposit of $5,000 is due by May 6, and you must pre-register to bid. For more information regarding this tax sale, please visit sbcounty.mytaxsale.com. It’s easy, secure, and Simply A Better Way To Do Business®.