Bidder registration opened Wednesday for San Diego County’s annual property tax auction, with more than 400 properties to be sold.
San Diego County Treasurer-Tax Collector Dan McAllister said the online auction will run from Feb. 28 to March 4.
“This is our 40th annual property auction, and we want every single parcel sold so it can get back on the tax roll, generating revenue for the county,” he said. “We have 53 residential or commercial properties, 324 timeshares and 65 parcels of land for sale. All minimum bids total $12,675,400.”
Bidders must register at the tax auction website, sdttc.mytaxsale.com, before Feb. 20.
All interested bidders must also submit a refundable $1,000 deposit and a non-refundable $35 processing fee.
All sales are final, so McAllister cautions that this is a buyer beware sale. Owners of the properties to be auctioned have until 5 p.m. on Feb. 27 to avoid the property going to sale by paying all taxes and fees owed.
The county makes attempts to contact property owners before any auction. The 2020 sale will be the largest one on record notwithstanding any properties coming off the auction block. The previous largest sale was 2017, with $7.8 million in sales.
“Our online auction platform has allowed us to make this auction available to people around the globe,” McAllister said. “Last year, we sold 449 properties for $2.8 million.”
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