Well, I finally got around to analyzing the results of the 2012 tax deed auction. 515 properties were sold to about 186 buyers. This figure has some variability depending on how it is counted. In any case, the transaction details,…
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Analysis of 2012 Tax Deed Auction
Tagged with: FAQ, tax deed auction results
Posted in 2012 Tax Deed Auction Results, Frequently Asked Questions, News
Posted in 2012 Tax Deed Auction Results, Frequently Asked Questions, News
A nice little rehab: auction item 2557
This blog post is a bit different from the previous. This is a 1500 sqft, single family residence in the mid-city: 1622 Menlo Ave., Los Angeles. Fair market value for this property should be around $365K.The bidding action was probably…
Is a tax sale publicly advertised?
Yes. State law dictates that the event of a tax sale must be published three (3) times in successive seven (7) day intervals before the tax sale date in a newspaper, or newspapers of general circulation within Los Angeles County. …
How is the minimum bid on a tax sale property determined?
State law dictates that the minimum bid for property offered at a public auction tax sale be an amount not less than the total amount necessary to redeem the tax default, plus costs. Except pursuant to Section 3698.5(c) of the…
How soon can I take possession of a property after my purchase at the tax sale?
The successful bidder may take possession of a property after the Tax Deed to Purchaser has been recorded.
Posted in Frequently Asked Questions, News
2012A Enhanced Catalog Available as Paper Book
The 2012A Enhanced Catalogs are now available in paper form. These are perfect bound volumes on 8.5in by 11in paper.
Do all properties with an address have a home on them?
No! An address does not mean there is or was a structure on the property. It does not guarantee that the address shown in the tax sale list is correct or that the structure is part of the sale.
Can I obtain a property available at the public auction tax sale by paying the delinquent taxes prior to the tax sale date?
No. Legal title to tax-defaulted property subject to power of sale can be obtained through the Treasurer and Tax Collector only by being the successful bidder at the tax sale.
Are sealed bid for properties accepted at the LA County Tax Sale?
No. The Los Angeles County Tax Sale Auction require your, or your representative’s physical presence to bid verbally.
Next Tax Sale: October 2013
Los Angeles County is projecting the next tax sale to be in mid-October of this year. In the past, the auctions have been held at the Pomona Fairgrounds over two days. Apex Austin will have its Enhanced Catalogs available in…
Posted in 2013 Auction Countdown, News