Only bids submitted via the Internet will be accepted and pre-registration is required . In order to participate, you must register on-line at bid4assets.com. The Tax Collector’s office will not be registering bidders, nor accepting bids, and all questions regarding registration will be redirected to Bid4Assets.com
Bidders must electronically submit a refundable deposit of, $ 5,000 plus a $35 processing fee, for a total of $ 5,035 at bid4assets.com. The deposit will be applied to the successful bidder’s purchase price. Full payment and deed information indicating how title should be vested is required within 48 hours after the end of the sale. Only Bank Wires and Certified/Cashier's Checks will be accepted.
A California transfer tax will be added to and collected with the purchase price and is calculated at $.55 per each $500 or fraction thereof.
ALL POTENTIAL BIDDERS ARE REQUIRED TO READ AND UNDERSTAND THE TERMS OF SALE FOR THE COUNTY OF SANTA CRUZ POSTED AT THE BID4ASSETS WEBSITE.
The right of redemption will cease at 5:00 pm on the day before the start of the auction 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. The County of Santa Cruz and its employees are not liable for the failure of any electronic equipment that may prevent a person from participating in the sale.
ALL PROPERTIES ARE SOLD “AS IS. ”
Santa Cruz County makes no guarantee, expressed or implied, relative to the title, location or condition of the properties for sale .
Prospective purchasers are urged to examine the title, location and desirability of the properties available to their own satisfaction prior to the sale. Some , but not necessarily all, of the departments and offices with whom you may wish to check are the Planning department, Environmental Health, the Recorder's Office, the Assessor's Office, and any Special Districts related to the property .
Prospective purchasers are advised that some 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; in addition, the I.R.S. has the option of redeeming, up until 120 days after the sale, any property on which there is an I.R.S. lien recorded.
For Additional Information, please see our Frequently Asked Questions