Hundreds Of Properties Being Auctioned Off This Week In Riverside County

RIVERSIDE COUNTY, CA — Nearly 1,000 properties in Riverside County hit the auction block this week.

The Office of the Treasurer-Tax Collector has partnered with hosting site Bid4Assets.com to conduct the internet-based auction of hundreds of tax-defaulted homes and vacant parcels.

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The sale begins April 23 and concludes April 28. See a map of available properties here or visit www.countytreasurer.org/tc-223 and click on Parcel List-PDF.

To view more details about each available property, use the Riverside County Assessor-Clerk-Recorder's search tool here. The search tool requires a property address or a nine-digit property ID number (PIN).

Registration and a deposit (plus a $35 non-refundable processing fee) were required to participate in the sale. Deposits were supposed to be received by Bid4Assets no later than 4 p.m. April 20. All deposits to non-winning bidders will be refunded via eCheck within 10 business days after the close of this auction, according to Bid4Assets.

To encourage participation in the auction, several parcels have a minimum bid of $100, and some have a minimum bid of $500.

"The purpose of offering tax-defaulted properties is to collect unpaid taxes and return the property to a revenue-generating status by conveying the property to another owner, or motivating the (assessed party) to redeem," according to the county.

Under state law, before a property under lien can be sold off, it must be held in abeyance for at least five years.

This will mark the 14th year that the county has turned to internet-based auctioning for its entire portfolio of assets with liens.

"Our office is committed to delivering a tax sale process that is transparent, secure, and efficient," said Matthew Jennings, Riverside County Treasurer-Tax Collector. "The online auction format modernizes the experience, increases participation, and makes bidding more accessible than ever."