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Hundreds of tax defaulted properties to be sold at auction

More than 350 tax defaulted properties are scheduled to be sold at the 2014 Property Tax Sale Auction on March 19, San Diego County Treasurer-Tax Collector Dan McAllister announced Wednesday.

The auction will be at the San Diego Convention Center on 111 West Harbor Drive in room 6D. The auction will be held in an effort to collect $7,253,125.00 in unpaid property taxes, including penalties and fees.

“We currently have 107 improved properties and 182 unimproved parcels ready for auction,” McAllister said. “The numbers may change if owners pay the defaulted taxes right before the deadline. They have until 5 p.m. on Tuesday, March 18 to bring their taxes and delinquent charges up to date, or their property will be auctioned off.” There also are 81 timeshares up for auction.

“Some years we have made available incredible bargains for bidders involved in this annual auction,” McAllister said. “It remains to be seen as to whether or not taxpayers who are delinquent in their tax payment will step forward to rescue their property before it is sold at our auction. We hope that everyone who is delinquent will pay up.”

Interested bidders may purchase registration packets for $75 at any of the treasurer-tax collector’s offices located in downtown San Diego, Kearny Mesa, Chula Vista, El Cajon or San Marcos. The downtown San Diego will be the only office accepting cash.

Under California State law, the treasurer-tax collector may sell any or all portions of properties that have been in default for five years. In November 2013, the Board of Supervisors approved 495 properties, including timeshares, for this auction.

Minimum bids are set based on the total amount of back taxes, penalties and sales costs. The successful bidder may take possession of a property after making a payment in full and after the Tax Deed to Purchaser has been recorded.

Information on the current availability of properties going to auction can be obtained by accessing www.sdtreastax.com.

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