What is a tax sale?

A tax sale occurs when the property owner is behind on their property taxes. The property is then auctioned off with a beginning bid that is generally what the taxes and penalties are. A tax sale will usually erase all liens on a property, but NOT always. There are some good bargains in a tax sale, but remember, if there is a large bank lien on the property the bank/lender will certainly look at purchasing the property to protect their investment. There is usually one or two tax sales a year, the next tax sale sale will be held in 2010. The date has not yet been set, but it has been in March in previous years.

LIVE AUCTION
(Must be present to bid)

To Be Determined

Riverside Convention Center
3443 Orange Street
Riverside, CA  92501

NOTE:  WE WILL NOT REGISTER BIDDERS AT THE SALE

For bidder registration forms and other information click here

For more information, consult your CPA or Tax Consultant.