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  • Starts May 17, 2018 at 11:00 AM ET (8:00 AM PT)
  • Ends May 22, 2018 Closing times vary; check Auctions for details.
Riverside County, CA is offering 116 tax-defaulted timeshare properties for auction online.
Bids start as low as $2,111.00

These are all NO RESERVE auctions! Preview Now!

Deposit Requirements

A single $800 deposit (plus a $35 non-refundable processing fee) is required to participate in the County of Riverside Timeshare Tax Sale. **Please note that for Riverside County, all perspective bidders MUST fill out their vesting information before they are allowed to access the deposit instructions.** Your deposit must be received by Bid4Assets NO LATER THAN 4:00 PM ET (1:00 PM PT) Tuesday, May 15, 2018. Please make your deposit well in advance of the auction in order to ensure your eligibility to bid.

Click here for additional information on funding a deposit

Create a Bid4Assets account which is required to participate in any county tax sale. The process is quick, free, and easy.

Already have an account? Proceed to Deposit Instructions

Please click the orange “Click Here for Deposit Instructions” link above to submit your deposit. Please review the following additional information on deposits.

  1. Only one deposit is required to participate in the entire county auction.
  2. Only reference the Deposit ID listed in the instructions. This ID is unique to each county auction. Regardless of which auction IDs you will be bidding on, please use the Deposit ID in the instructions.
  3. Only certified check or wire transfer are accepted. ACH, direct deposit, credit card, or money transfers will be rejected. Please do NOT deposit funds directly into Bid4Assets’ escrow account.
  4. There is no limit to the amount that you can bid; the bid deposit does not cap your bidding, it is simply a requirement to participate. Please do NOT send more money than the required deposit or your deposit may be rejected.
  5. Federal regulations require first-time bidders to complete a USA Patriot Act registration, which will be automatically generated when clicking for deposit instructions. ALL US citizens must complete this page. All non-US citizens must contact customer service for assistance.
  6. Please allow up to 48 business hours to acknowledge receipt of your deposit. You will be notified by email and in your message center when you are cleared to bid. Please note, certified checks may take an additional business day to process.
  7. For deposits received after the deadline, no guarantees can be made for participation. Bid4Assets’ deposit services team works diligently to clear deposits as quickly as possible, even late ones.

Bidders are urged to examine the title, location, and desirability of the properties to their own satisfaction prior to the sale. A complete list of properties available for auction is available below. Buying a tax defaulted property is a complex transaction and it is always recommended that buyers seek legal counsel.

A useful list of frequently asked questions as well as a tax sale glossary can be found in the right navigation pane.

If you have additional questions after reviewing the information in the auction, you are encouraged to contact the County in which the property is located. This information can be found in the “Contact Information” section below.

When you are ready to place a bid, click “Place Bid” on the auction page

place bid

Enter your bid amount in the Bid Amount box and be sure to agree to all the terms. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure.

A more comprehensive, step-by- step guide to bidding is available by clicking here.

Additional Bid information

What is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will be the leading bid.

Examples of Auto Bid:

  • If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200. Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount.
  • If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000. The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed.
  • If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $21,000, your bid will automatically be placed at the Reserve Price of $20,000. If another bidder jumps in, your bid will automatically increase until you meet your $21,000 maximum bid.

What is Overtime?
Overtime is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing.

How can I Monitor My Auctions?
When bidding on multiple properties it is advisable to only bid on one auction at a time. You can find a list of properties that you have bid on in the “my bid list” tab of your profile. You will also receive confirmations of your placed bids as well as notifications of being out bid in your message center.

Can I bid on Withdrawn or Postponed Auctions?
No. Auctions must be live in order for you to able to place a bid. If a property is withdrawn or postponed by a county for any reason, it is no longer open for bidding. Please note, Bid4Assets does not have knowledge of why a property is withdrawn or postponed.

At the close of an auction, the highest bidder will be deemed the winner. After all the auctions in the county have closed, winning bidders will be notified in their message center with a congratulatory message that also alerts them to settlement requirements. The winning bidder will see each of the parcels that they won listed as a link to DeedWizard. The DeedWizard will allow you to quickly and easily provide vesting information and access settlement instructions. Any bidder that does not win a parcel or never participates in the auction after submitting a deposit will receive a refund.

Winning Bidders

  • Winning bidders will be notified in their message center after the close of the auctions. A DeedWizard link is provided for quick and easy transfer of vesting information.
  • Please review the county terms of sale for the payment deadline and make sure you have enough funds on hand to meet the deadline
  • When making a settlement payment, please reference the auction IDs for the specific parcels you won.
  • Your deed will be transferred by the county within the timeframe specified in the county’s terms of service. Generally, this can be anywhere from three weeks to three months. For questions relating to the timeline on recording the deed, please contact the county.

All Other Participants

  • Any bidder who does not win one or more parcels after submitting a deposit will be refunded automatically with no need for request.
  • Refunds checks are mailed out via first class mail within ten business days after the close of an auction. Bidders will be notified by email when checks are mailed.
  • Checks will be issued to the name and address entered by the bidder on their profile. It is critical that bidders enter their legal name and keep their address up-to- date for this reason.

All Sales are final.  There are absolutely no refunds.

All bidders must be at least 18 years of age.

Research and Inspect Thoroughly Before You Bid.

Prospective purchasers are urged to examine the title, physical location and desirability of the properties available to their own satisfaction prior to the sale.

Properties are sold “AS IS.” CAUTION - INVESTIGATE BEFORE YOU BID:

The sale of these properties should not, in any way, be equated to real estate sales by licensed salespeople, brokers or realtors. The County of Riverside makes no guarantee, expressed or implied, relative to the title, physical location or condition of the properties for sale.

Delinquent property taxes will be paid from the proceeds of the sale, as they are included in the minimum bid. The current 2017/2018 taxes which are due by December 10, 2017 and April 10, 2018 are included in the minimum bid.

A California documentary transfer tax will be added to, and collected with the purchase price. The amount of this tax is calculated at the rate of $0.55 for each $500.00, or fractional part thereof.  Additionally, the City of Riverside has enacted the Real Property Transfer Tax Ordinance and charges an additional tax of $0.55 for each $500.00 or fractional part thereof.

Prospective purchasers are advised that some liens, bonds or other assessments which are levied by agencies or offices other than the Treasurer-Tax Collector may still be outstanding after the tax sale.

The Riverside County Treasurer-Tax Collector requires that anyone wishing to participate as a bidder at a scheduled tax sale be registered to bid.  Registration requirements vary from sale to sale and are announced approximately six to eight weeks prior to a scheduled sale.

Please Note:

The County of Riverside is not liable for the failure of any device that is not owned, operated, and managed by the state or county, that prevents a person from participation in any sale.  “Device” includes, but is not limited to, computer hardware, a computer network, a computer software application, and a computer website. The County of Riverside assumes no liability for any other possible liens, encumbrances or easements recorded or not recorded.

Throughout the preparation of a tax sale our office may be made aware of or identify certain problems or issues with properties on the tax sale. If any errors or issues are brought to the Tax Collector’s attention our office will post the error or issue as a WARNING on www.countytreasurer.org as a courtesy. Please keep in mind that the Tax Collector’s Office is not always made aware of errors or issues prior to the close of sale and all properties are sold “AS IS”. Prospective purchasers are urged to examine the title, physical location and desirability of the properties available to their own satisfaction prior to the sale.”

California Revenue & Taxation Code 3692.3

(a) All property sold under this chapter is offered and

sold as is.

(b) The state, the county, and an employee of these entities

acting in the employee's official capacity in preparing, conducting,

and executing a sale of property under this chapter, are not liable

for any of the following:

             (1) Known or unknown conditions of this property, including, but

not limited to, errors in the assessor's records pertaining to

improvement of the property.

            (2) The failure of a device that is not owned, operated, and

managed by the state or county, that prevents a person from

participating in any sale under this chapter. For purposes of this

paragraph, "device" includes, but is not limited to, computer

hardware, a computer network, a computer software application, and a

computer Web site.

TAX SALE CANCELLATION RIGHTS OF THE RIVERSIDE COUNTY TAX COLLECTOR:
As a condition of participating in the County of Riverside Treasurer and Tax Collector’s public auction, the successful bidder consents to the rescission of the sale as provided in Revenue and Taxation Code Section 3731, if the County subsequently determines that a property sold by the Tax Collector should not have been sold because it was publicly owned property, not in tax-default, or for any other legal reason. To rescind the sale, if a tax deed has been recorded, the registered bidder agrees to sign all required forms to cancel and rescind the erroneous sale, and understands that the County will refund only the purchase amount paid, and that the Tax Collector and the County of Riverside have no further liability in the matter. Additionally, the County has the authority to rescind a tax deed in accordance with Revenue and Taxation Code Section 3731(b). If the tax deed has not been recorded, the County of Riverside has the right to cancel the sale and refund the deposit and purchase price without additional consent or further action by the purchaser.

Please check the Riverside County Treasurer-Tax Collector’s website at www.countytreasurer.org for any updates or changes.

All Sales Final!


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