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***Withdrawn***County of Madera, CA: APN: 047-140-005

Seller Name: County of Madera
Rating: Not Applicable
Location: ,
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WITHDRAWN
Auction Type: Withdrawn
Auction Started: 07-30-16 11:00 AM ET
Auction Closed: 08-02-16 01:30 PM ET
Asset Information

The Madera County Treasurer-Tax Collector offers tax-defaulted property for auction and encourages bidders to research the property thoroughly using the following information as a starting point.

Deposit Requirement
  • A single $2,500 deposit (plus a $35 processing fee) is required to participate in the Madera County auction.
  • Deposits must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) Tuesday, July 26th.
  • Click here to place your deposit.

Disclaimers
  • Madera County retains the right to reject any and all bids for any reason.
  • Madera County may withdraw this property from the auction at any time before or during the sale.
  • Madera County reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information
Parcel Information
APN 047-140-005
Legal Description Click Here
Parcel Map View Parcel Map
Add'l Information
  • View Property Taxes - Click Here
  • These parcels are for commercial and/or industrial use only. No residential use is allowed for growing of vegetables for human consumption unless further investigation and evaluation is conducted. Potential owner must work with the Department of Toxic Substances Control (DTSC) to further investigate and conduct mitigation measures to obtain changes in land use restriction for purposes of obtaining residential use. For more details please contact Danny Domingo at (559) 297-3903 and Click Here
  • Additional Information
    IRS Liens NO
    All Seller-Related Due Diligence — (View Related Auctions)

    The due diligence items below apply to all related auctions from this seller.

    General Sale Information



    End of Auction
    After the close of the final Madera County listing for auction, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the county with the necessary deed transfer information.

    Madera County requires that the winning bidder submit the deed transfer information to Bid4Assets within 48 hours of the close of auction.

    Bidding Requirements

    To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

    Settlement Requirements

    Full payment must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) on Friday, August 5, 2016. - No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to Madera County and may be banned from future sales.

    A California documentary transfer tax will be added to, and collected with, the full purchase price. This tax is calculated at the rate of $.55 for each $500.00 or fractional part thereof, if the purchase price exceeds $100.00. Also, a $35 per-parcel-won administrative fee will be added to the final sale price.

    Only a successful bidder has the opportunity to purchase County assets. If the successful bidder defaults, under California State Law, The County cannot resort to the second highest bidder, and will be required to take APPROPRIATE LEGAL ACTION AGAINST THE BIDDER WHO DEFAULTS.

    Payment Type
    • Certified/Cashier's Check
    • Wire Transfer
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