NOTICE OF PUBLIC AUCTION BEGINNING ON APRIL 27, 2018
OF TAX-DEFAULTED PROPERTY FOR DELINQUENT TAXES
(Made pursuant to Section 3692, Revenue and Taxation Code)
On February 6, 2018, Howard H. Newens County Treasurer-Tax Collector, was directed by the Board of Supervisors of Yolo County, California to conduct a public auction sale. The tax-defaulted properties listed below are subject to the tax collector's power of sale.
The sale will be conducted on the Internet at www.bid4assets.com, beginning on Friday, April 27, 2018, at 8:00 a.m. (PDT) and ending on Monday, April 30, 2018 at close times TBD. During this public auction, property will be sold to the highest bidder for not less than the minimum bid as shown on this notice. Due diligence research is incumbent upon the bidder. The winning bidder is legally obligated to purchase the item. Any parcel remaining may be reoffered on the Internet at www.bid4assets.com, beginning on Friday, June 8, 2018, at 8:00 a.m. (PDT) and ending on Monday, June 11, 2018 at close times TBD, Any new parties of interest shall be notified in accordance with Revenue and Taxation Code section 3701.
Interested bidders must register online at www.bid4assets.com. A single deposit of $5,000, plus a $35.00 processing fee, is required to bid on auction properties. The deadline to register and submit the deposit is Monday, April 23, 2018. This is an online auction and the bidding will take place via the internet. If you do not have internet access, computer workstations are available at most public libraries. At the conclusion of the auction, unsuccessful bidders’ deposits and processing fees will be returned to them by Bid4Assets.
Full payment of all purchases is required within 3 business days of the auction (by May 3, 2018, 1:00 p.m. PDT/4:00 p.m. EDT). A payment processing fee of $35.00 will be added to the final price of every parcel successfully purchased by a winning bidder and will be collected by the internet vendor by the settlement deadline. A California transfer tax, calculated at $.55 per $500 (unless the property is located in the City of Woodland, whereas the California transfer tax is calculated at $1.10 per $500), or fraction thereof, will be added to the purchase price. If a winning bidder's payment is not received by the internet vendor by the settlement deadline, the winning bidder's deposit will be forfeited to the County. Please refer to the conditions of sale posted at www.bid4assets.com for more information.
All property is sold as is. The County and its employees are not liable for the failure of any electronic equipment that may prevent a person from participating in the sale. All sales are final, with the exception that the Tax Collector reserves the right to rescind the sale in the event that an error is discovered that may have affected the due process rights of the former owner. By participation in the Internet Auction, the bidder agrees to cooperate in the rescission of the sale if such an event occurs within one year of the sale of the property.
The right of tax redemption will cease on Thursday, April 26, 2018, at 5:00 p.m. and properties not redeemed will be offered for sale. If the parcel is not sold, the right of redemption will revive and continue up to the close of business on the last business day prior to the next scheduled auction.
If the properties are sold, parties of interest, as defined in California Revenue and Taxation Code Section 4675, have a right to file a claim with the County for any excess proceeds from the sale. Excess proceeds are the amount of the highest bid in excess of the liens and costs of the sale that are paid from the sale proceeds.
More information may be obtained by calling (530) 666-8625 or online at www.yolocounty.org.
PARCEL NUMBERING SYSTEM EXPLANATION
The Assessor's Parcel Number (APN), when used to describe property in this list, refers to the assessor's map book, the map page, the block on the map (if applicable), and the individual parcel on the map page or in the block. The assessor's maps and further explanation of the parcel numbering system are available in the Assessor's Office.
The properties that are the subject of this notice are situated in Yolo County, California and are described as follows:
|APN||Last Assessee||Minimum Bid|
|014-043-029-000||Kang Fam Trust||$18,072.00|
|043-120-016-000||Barton, Stacy O & Tamara L||$10,796.00|
|049-190-008-000||Vannucci, Ronald J||$5,552.00|
|049-190-010-000||Vannucci, Ronald J||$57,385.00|
|049-273-002-000||Crystal River Project||$17,250.00|
|049-273-003-000||Crystal River Project||$49,354.00|
|049-410-002-000||Breckenridge, William R||$9,290.00|
|058-053-006-000||Jefferson 1510 LLC||$166,455.00|
|064-140-006-000||Herbert Ave Fam Trust||$94,460.00|
|065-300-025-000||Riggs, Lucille Margaret Estate of||$10,414.00|
|067-260-036-000||Moore, Cynthia L||$10,723.00|
I declare, under penalty of perjury, that the foregoing is true and correct.
Howard Newens Yolo County Tax Collector
Executed at: Woodland, Yolo County, California, on March 22, 2018.
Published in: The Davis Enterprise on: March 25th, April 1st and April 6th, 2018.