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COUNTY OF RIVERSIDE
STATE OF CALIFORNIA
NOTICE OF DIVIDED PUBLICATION
Pursuant to Section 3381, Revenue and Taxation Code, the notice of sale of tax-defaulted property for delinquent taxes in and for Riverside County, State of California, has been divided and distributed to various newspapers of general circulation published in the county. A portion of the list appears in each of such newspapers.
NOTICE OF PUBLIC AUCTION ON APRIL 30, 2020 THROUGH MAY 5, 2020
OF TAX DEFAULTED PROPERTY FOR DELINQUENT TAXES
(Made pursuant to Section 3702, Revenue and Taxation Code)
On January 28, 2020, I, Jon Christensen, Riverside County Treasurer-Tax Collector, was directed to conduct a public auction sale by the Board of Supervisors of Riverside County, California. The tax-defaulted properties listed below are subject to the Treasurer-Tax Collector’s power of sale and have been approved for sale.
The sale will be conducted at www.Bid4Assets.com/Riverside beginning at 8:00 a.m. PT on Thursday, April 30, 2020 as a public auction to the highest bidder for not less than the minimum bid as shown on this notice. Select parcels receiving no bids will be re-offered at www.Bid4Assets.com/Riverside on Friday, May 01, 2020 at 9:00 a.m. PT for a reduced minimum bid to stimulate competitive bidding and ending Tuesday, May 5, 2020 at staggered times.
Research the item prior to bidding. Due diligence research is incumbent on the bidder. The winning bidder is legally obligated to purchase the item. Computer workstations are available to persons who need them at the local public library during business hours.
Only bids submitted via Bid4Assets will be accepted. Pre-registration and a refundable deposit of $2,500.00 (plus a $35.00 processing fee) is required and must be made online at www.Bid4Assets.com/Riverside NO LATER THAN April 27, 2020. Please make your deposit well in advance of the auction in order to ensure your eligibility to bid. The deposit will be applied to the successful bidder’s purchase price.
Deed information indicating how title should be vested is due to www.Bid4Assets.com/Riverside within 48 hours of the close of the auction. Full payment is due to Bid4Assets no later than 1:00 p.m. PT on Friday, May 8, 2020. Only Electronic Fund Transfer and cashier’s checks will be accepted.
A documentary transfer tax will be added to and collected with the purchase price and is calculated at $.55 per each $500.00 or fraction thereof. Additionally, the City of Riverside has enacted the Real Property Transfer Tax Ordinance and charges an additional tax of $.55 per each $500.00 or fraction thereof.
All property is sold as is. The county and its employees are not liable for the failure of any electronic equipment that may prevent a person from participating in the sale.
The right of redemption will cease on Wednesday, April 29, 2020 at 5:00 p.m. PT, and properties not redeemed will be offered for sale. If the parcel is not sold, the right of redemption will revive and continue up to the close of business on the last business day prior to the next scheduled sale.
If the properties are sold, parties of interest, as defined in the California Revenue and Taxation Code Section 4675, will receive notification and will have a right to file a claim with the county for any excess proceeds from the sale. Excess proceeds are the amount of the highest bid in excess of the liens and costs of the sale that are paid from the sale proceeds.
More information may be obtained by contacting the Treasurer-Tax Collector at www.countytreasurer.org or by calling (951) 955-3900.
I certify under penalty of perjury that the foregoing is true and correct.
Treasurer-Tax Collector of Riverside County, CA
Published in Palo Verde Valley Times, The Desert Sun, The Press Enterprise. To view, please visit the links provided.
Treasurer and Tax Collector