***Withdrawn***Kern County, CA: ATN: 034-050-54-00-9

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

Deposit Requirement

A single $5,000 deposit (plus a $35 processing fee) is required to participate in the Kern County auction. Deposits must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) Tuesday, January 21st. Click here to place your deposit.

Disclaimers

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

End of Auction
After the close of the final Kern County 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.

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

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.

Full payment must be received by the Kern County Treasurer-Tax Collector no later than 5:00 PM PT on Wednesday February 5th, 2014. If the payment policy is not adhered to, the winning bidder will forfeit their deposit 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.