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Up For Local Auction 224 Properties---San Diego,California County's Public Auction!
Up For Auction 224 Properties --- San Diego, California County's Public Auction!

Are you scouting for a home that is a bargain? You may want to try San Diego County's You may want to try San Diego County's annual public auction. The tax-treasure collectors office on February 24, 2012 is schedule to sell more than 200 properties belonging to people who have been in default for five years. The county is attempting to recover more than $3.4 million in property  taxes. That figure includes penalties and fee's. The owners still have a chance to keep those properties as long as they become current by 5PM, on February 23, 2012. Otherwise, their home will end up on the auction block.

This year, 79 properties and 145 "unimproved parcels" or raw land may be sold at auction. Opening bids are based on the amount of TAXES OWED, PENALTY LATE FEES AND THE COST OF THE AUCTION. There is one caveat, we do consult with the assessor's office ahead of time to find the fair market value.  How common is it for someone to find a bargain at these auctions. 2011 was one of the slowest auction years in San Diego county. ... more

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