***POSTPONED***Yuba County, CA: APN: 021-023-002-000

The Yuba County Treasurer-Tax Collector re-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 $2,000 deposit (plus a $35 non refundable processing fee) is required to participate in the Yuba County auction. Deposits must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) Tuesday, April 14th. Click here to place your deposit.

Disclaimers

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

End of Auction
After the close of the final Yuba 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.

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

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.

Full payment must be received by Bid4Assets no later than 4:00 PM ET (1:00 PM PT) on Friday, April 24, 2020. - No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to Yuba County and may be banned from future sales.

The following fees will be added to the final sale price:

1. A California documentary transfer tax calculated at the rate of $.55 for each $500.00 or fractional part thereof .
2. A Monument Fee of $10 and a Recording Fee of $17, both per parcel ($27 total).
3. A $35 per-parcel-won administrative fee.

Only a successful bidder has the opportunity to purchase County assets. 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.

There is a 10% Buyer's Premium (a $100 minimum) associated with the sale of this parcel. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.