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  • Starts May 30, 2019 at 11:00 AM ET (8:00 AM PT)
  • Ends June 4, 2019 Closing times vary; check Auctions for details.
  • Deposit Deadline May 28, 2019 at 4:00 PM ET (1:00 PM PT)
  • Settlement Deadline June 7, 2019 at 4:00 PM ET (1:00 PM PT)
Riverside County, CA is offering 778 tax defaulted properties for online auction.

**Please Note: Our Client Services Department will stay open until 8:00 PM ET (5:00 PM PT) on Monday, June 3rd.**

Bids start as low as $100.00

These are all NO RESERVE auctions! Preview Now!!

Deposit Requirements

A single $2,500 deposit (plus a $35 non-refundable processing fee) is required to participate in the Riverside County, CA Tax Sale. **Please note that for Riverside County, all perspective bidders MUST fill out their vesting information before they are allowed to access the deposit instructions.** Your deposit must be received by Bid4Assets NO LATER THAN 4:00 PM ET (1:00 PM PT) Tuesday, May 28, 2019. Please make your deposit well in advance of the auction in order to ensure your eligibility to bid.

Click here for additional information on funding a deposit

Full payment must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) on Friday, June 7, 2019. - No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the County of Riverside and may be banned from future sales.

A California documentary transfer tax will be added to, and collected with, the full purchase price. This tax is calculated at the rate of $.55 for each $500.00 or fractional part thereof, if the purchase price exceeds $100.00. Additionally, the City of Riverside has enacted the Real Property Transfer Tax Ordinance and charges an additional tax of $.55 for each $500.00 or fractional part thereof. Also, a $35 per-parcel-won administrative fee will be added to the final sale price.

Only a successful bidder can purchase tax-defaulted property. If the successful bidder defaults, under California State Law, the County cannot resort to the second highest bidder, and will be required to take APPROPRIATE LEGAL ACTION AGAINST THE BIDDER WHO DEFAULTS.

Create a Bid4Assets account which is required to participate in any county tax sale. The process is quick, free, and easy.

Already have an account? Proceed to Deposit Instructions

Video Tutorial Thumbail Icon

Please select the orange “Click Here for Deposit Instructions” link above to submit your deposit. Please review the following additional information on deposits.

  1. Only one deposit is required to bid on every property available in this tax sale.
  2. Please reference the deposit ID listed in the instructions, rather than the ID of any individual auction. The deposit ID listed in the instructions is unique to this tax sale. Regardless of which auctions you plan to bid on, please use the deposit ID in the instructions.
  3. Only certified check/money order or wire transfer are accepted. ACH, direct deposit, credit card, or money transfers will be rejected. Please do NOT deposit funds directly into Bid4Assets’ escrow account.
  4. There is no limit to the amount you can bid; the bid deposit does not cap your bidding; it is simply a requirement to participate. Please do NOT send more money than the amount required deposit, or your deposit may be rejected.
  5. Please allow up to 48 business hours to acknowledge receipt of your deposit. You will be notified by email and in your message center when you are cleared to bid. Please note, certified checks/money orders may take an additional business day to process.
  6. For deposits received after the deadline, no guarantees can be made for participation. Bid4Assets’ deposit services team works diligently to clear deposits as quickly as possible, even late ones.

Bid4Assets urges all bidders to examine the title, location and desirability of all properties available in this sale to their own satisfaction prior to bidding.

If you are unable to discern desired information about a property through independent research, you are encouraged to contact the County in which the property is located. This information can be found in the “Contact Information” section.

Below you will find a video guide hosted by Bid4Assets CEO providing tips and highlighting best practices for researching tax sale properties prior to bidding for your convenience.

You will find an additional video below demonstrating useful navigation tips for this landing page which can help you prepare for the sale prior to bidding.

When you are ready to bid click “Place Bid” on the auction page.

place bid

Enter your bid amount in the Bid Amount box and be sure to agree to all auction terms. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure. A more comprehensive, step-by- step guide to bidding is available by clicking here.

Additional Bid information

What is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will take priority.

Examples of Auto Bid:

  • 1. If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200. Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount.
  • 2. If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000. The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed.
  • 3. If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $21,000, your bid will automatically be placed at the Reserve Price of $20,000. If another bidder jumps in, your bid will automatically increase until you meet your $21,000 maximum bid.

What is Overtime?
Overtime is the extension of an auction’s close time that keeps the auction open as long as there is active bidding on it. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment (typically five minutes) has passed without any bidding. The overtime increment for an auction will be indicated on the auction listing.

How can I Monitor My Auctions?
When participating in multiple auctions at once, it is advisable to only actively bid on one property at a time. You can find a list of properties that you have bid on in the “my bid list” tab of your profile. You will also receive confirmations of your placed bids as well as notifications of being out bid in your message center.

Can I bid on Withdrawn or Postponed Auctions?
No. Auctions must be live in order for you to able to place a bid. If a property is withdrawn or postponed by a county for any reason, it is no longer open for bidding. Please note, Bid4Assets does not have knowledge of why a property is withdrawn or postponed.

At the close of an auction, the highest bidder will be deemed the winner. After all the auctions in the county have closed, winning bidders will be notified in their message center if they have won any auctions. They will also receive details on auction settlement requirements. The winning bidder will see each of the parcels that they won listed as a link to DeedWizard.

DeedWizard allows bidders to provide vesting information quickly and easily for any property they have won and access settlement instructions. Any bidder that does not win a parcel or does not participate in the auction after submitting a deposit will receive a refund.

Winning Bidders

  • Winning bidders will be notified in their message center after every auction in the tax sale has closed. A DeedWizard link is provided for quick and easy transfer of vesting information.
  • Please review the county terms of sale for the payment deadline and make sure you have enough funds on hand to complete the sale within the deadline cited prior to bidding.
  • When making a settlement payment, please reference the auction IDs for the specific parcels you won.
  • Your deed will be transferred by the county within the timeframe specified in the county’s terms of service. Generally, this can be anywhere from three weeks to three months. For questions relating to the timeline on recording the deed, please contact the county.

All Other Participants

  • Any bidder who does not win one or more parcels after submitting a deposit will receive a notification after all auctions have closed informing them were an unsuccessful bidder.
  • Deposits for unsuccessful bidders will be refunded automatically with no need for request.
  • Refund checks will be sent via eCheck shortly after the close of the auction. Bidders will be notified via an additional email when their eCheck refund has been sent.
  • Refund eChecks will be sent to the email address associated with a bidder’s profile on Bid4Assets and made out to the name associated with that bidder’s Bid4Assets account. Please ensure this information is up to date before submitting a deposit.

DISCLAIMERS

All Sales are final.  There are absolutely no refunds.

All bidders must be at least 18 years of age.

Research and Inspect Thoroughly Before You Bid.

Prospective purchasers are urged to examine the title, physical location and desirability of the properties available to their own satisfaction prior to the sale.

Properties are sold “AS IS.”

CAUTION - INVESTIGATE BEFORE YOU BID:

The sale of these properties should not, in any way, be equated to real estate sales by licensed salespeople, brokers or realtors. The County of Riverside makes no guarantee, expressed or implied, relative to the title, physical location or condition of the properties for sale.

Delinquent property taxes will be paid from the proceeds of the sale, as they are included in the minimum bid. The current 2018/2019 taxes which are due by December 10, 2018 and April 10, 2019 are included in the minimum bid.

A California documentary transfer tax will be added to and collected with the purchase price. The amount of this tax is calculated at the rate of $0.55 for each $500.00, or fractional part thereof.  Additionally, the City of Riverside has enacted the Real Property Transfer Tax Ordinance and charges an additional tax of $0.55 for each $500.00 or fractional part thereof.

Prospective purchasers are advised that some liens, 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.

The Riverside County Treasurer-Tax Collector requires that anyone wishing to participate as a bidder at a scheduled tax sale be registered to bid.  Registration requirements vary from sale to sale and are announced approximately six to eight weeks prior to a scheduled sale.

Please Note:

The County of Riverside is not liable for the failure of any device that is not owned, operated, and managed by the state or county, that prevents a person from participation in any sale.  “Device” includes, but is not limited to, computer hardware, a computer network, a computer software application, and a computer website. The County of Riverside assumes no liability for any other possible liens, encumbrances or easements recorded or not recorded.

California Revenue & Taxation Code

3692.3. (a) All property sold under this chapter is offered and

sold as is.

             (b) The state, the county, and an employee of these entities

acting in the employee's official capacity in preparing, conducting,

and executing a sale of property under this chapter, are not liable

for any of the following:

             (1) Known or unknown conditions of this property, including, but

not limited to, errors in the assessor's records pertaining to

improvement of the property.

            (2) The failure of a device that is not owned, operated, and

managed by the state or county, that prevents a person from

participating in any sale under this chapter. For purposes of this

paragraph, "device" includes, but is not limited to, computer

hardware, a computer network, a computer software application, and a

computer Web site.

Please check the Riverside County Treasurer-Tax Collector’s website at www.countytreasurer.org for any updates or changes.


* Please allow popups from bid4assets.com to download the property list for this sale.
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