San Luis Obispo County, CA: APN: 062,305,044

Due Diligence

Seller Name:	San Luis Obispo County
Rating:	Not Applicable
Location:	1950 HENDERSON LN OCNO, CA

Asset was sold for $140,500

Number of Bids:	77
This is the final amount the asset was sold for. Winning Bid:	$140,500
Winner:	t***i
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$23,300
Your Bid Status:	Log in to view status
It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	Sold
Auction Started:	05-12-23 11:00 AM ET
Auction Closed:	05-15-23 04:27 PM ET
Bid Increment:	$100
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. 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 has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$5,035 — See Instructions
Page Views:	3600

Ask Seller a question View Seller's Other Items

Asset Information

The San Luis Obispo County Treasurer-Tax Collector offers tax-defaulted property for auction and encourages bidders to research the property thoroughly using the following information as a starting point.

Deposit Requirement

A single $5,000 deposit (plus a $35 non-refundable processing fee) is required to participate in the San Luis Obispo County real property auction.
Deposits must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) Monday, May 8th, 2023.
Click here to place your deposit.

Disclaimers

San Luis Obispo County retains the right to reject any and all bids for any reason.
San Luis Obispo County may withdraw this property from the auction at any time before or during the sale.
San Luis Obispo County reserves the right to cancel the sale of a property at any time prior to the issuance of the deed.

Item Specifics - Parcel Information

Parcel Information
APN	062,305,044
County Item No	262-022
Legal Description	Click Here
Address	1950 HENDERSON LN OCNO, CA
Parcel Map	View Parcel Map
GIS	View GIS

All Seller-Related Due Diligence — (View Related Auctions)

The due diligence items below apply to all related auctions from this seller.

General Sale Information

County Terms of Sale

California Law Regarding Bidder Non-Payment

California Revenue and Taxation Code

End of Auction
After the close of the final San Luis Obispo County listing for auction, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the county with the necessary deed transfer information.

San Luis Obispo County requires that the winning bidder submit the deed transfer information to Bid4Assets within 48 hours of the close of auction.

Bidding Requirements

To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.

Settlement Requirements

Payment must be received by the Tax Collector on or before 5:00 p.m. PT on Thursday, May 18, 2023. Payments will be accepted by cash, cashier’s check, money order, or wire transfer. If the payment policy is not adhered to the winning bidder may be banned from future sales. Payments made by cash or cashier's check/Money Order will be accepted during business hours at the Office of the San Luis Obispo County Treasurer-Tax Collector. Payments by Wire transfer must be completed after receiving the winning bidder instructions.

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.

Payment Type

Certified/Cashier's Check
Wire Transfer