Bid4Assets: Trinity, CA Tax Sale (2023)

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

Bid4Assets: Trinity, CA Tax Sale (1)

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. Federal regulations require first-time bidders to complete a USA Patriot Act registration, which will be automatically generated when clicking for deposit instructions. ALL US citizens must complete this page. All non-US citizens must contact customer service for assistance.
  6. 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.
  7. 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.

(Video) Due Diligence: A Guide to Researching Tax Sale Properties with Bid4Assets' CEO

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.

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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.

For questions about the auction and the bidding process, please contact [emailprotected]

Additional county information can be obtained at the Trinity County Treasurer Tax Collector website

(Video) Bid 4 Assets - Awesome real estate auction site.

For questions about the assets and information that is not listed in the auction, please contact the county at [emailprotected]

Research and Inspect Thoroughly Before You Bid
Prospective purchasers are urged to examine the title, location and desirability of the properties available to their own satisfaction prior to the sale.

Properties are sold "AS IS"
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 Trinity makes no guarantee, expressed or implied, relative to the title, location or condition of the properties for sale. Property taxes currently due will be paid from the proceeds of the sale.

Important Disclaimer
The County of Trinity 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 participating in any sale. “Device” includes, but is not limited to, computer hardware, a computer network, a computer software application, and a computer Web site. The County of Trinity assumes no liability for any other possible liens, encumbrances or easements, recorded or not recorded.

Please Note
Prospective purchasers are advised that some 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; in addition, the I.R.S. has the option of redeeming, up until 120 days after the sale, any property on which there is an I.R.S. lien recorded.

You must be at leaset 18 years old to bid
ALL SALES ARE FINAL!

FAQs

What is the redemption period for California tax deed sale? ›

This process is called "redeeming" the property. In California, the five-year redemption period happens before the tax sale. Again, under state law, the tax collector usually can't sell your home until five years after the property becomes tax defaulted. (Cal.

How do tax lien sales work in California? ›

Tax-Defaulted Land Sales

The county tax collector must attempt to sell the property within four years of becoming subject to sale. The county tax collector may offer the property for sale at public auction, a sealed bid sale, or a negotiated sale to a public agency or qualified nonprofit organization.

What is a tax sale California? ›

The primary purpose of a tax sale is to collect taxes that have not been paid by the property owner for at least five years for residential properties and three years for commercial properties. Offering property at public auction achieves this by either selling the property or by forcing payment of the property taxes.

How long is the right of redemption in California? ›

Right to Redeem After a Judicial Foreclosure Under California Law. If the foreclosure is judicial, you may generally redeem the home within: three months after the foreclosure sale, if the proceeds from the sale satisfy the indebtedness, or. one year if the sale resulted in a deficiency.

How long can you default on property taxes in California? ›

Property that remains in tax-defaulted status for five or more years will become subject to the Tax Collector's power to sell. Once subject to power to sell, it will be notated on the Property Tax Statement and the property may be sold at public auction or otherwise conveyed to new ownership.

Does paying property tax give ownership in California? ›

In California, adverse possession laws allow for a person to legally claim ownership over a property by paying taxes and staying there for a certain amount of time.

How long can property taxes go unpaid in California? ›

Your taxes can remain unpaid for a maximum of five years following their tax default, at which time your property becomes subject to the power of sale.

What is the statute of limitations in California for a state tax lien? ›

A state tax lien continues in effect for ten years from the date of its creation unless it is released or discharged. If a notice of state tax lien is not filed or recorded, the tax lien is extinguished 10 years after the date of its creation.

Do you have to pay taxes on property sold in California? ›

The State of California taxes capital gains as income. Capital gains are basically the difference between what you paid for your home and what you sold it for. In California, you could be liable for a capital gains tax from one percent up to 37% depending on the nature of the gains and the price tag.

Who is responsible for sales tax buyer or seller in California? ›

As a seller, you owe the sales tax and are responsible for paying the correct amount to the CDTFA. If you do not pay the correct amount, you are subject to additional tax charges plus applicable penalties and interest charges.

Can you buy a tax lien in California? ›

“Buying tax delinquent property in California is a straightforward process. California does not create tax lien certificates. Instead, it issues tax deeds on properties with taxes delinquent for five or more years, or if the owner has not enrolled in the county's Five Year Payment Plan.

Is California a redeemable tax deed state? ›

California is a tax deed state where the owner has 5 years to pay back property taxes before the property is seized by the county and sold at a public auction to the highest bidder. Tax defaulted property auctions and lists of the properties for sale are announced on county websites and in the local newspapers.

What is a redemption deed in California? ›

However, you normally have five years after falling behind on your taxes to pay up the unpaid sums before the sale may take place. That's because California law gives you the option to “redeem” the house (pay down the late amounts plus interest and charges) and avoid losing your property.

What is a property tax redemption California? ›

The owner of a property up for auction at our annual tax sale has the right to pay off all defaulted taxes, penalties, fees, and/or costs to avoid a sale. This is called right to redemption. Right of redemption on a parcel ceases at 5 p.m. the last business day prior to the sale.

What is a certificate of redemption California? ›

When tax-defaulted property is redeemed and upon the request of the redemptioner, the tax collector shall issue a certificate of redemption. With the approval of the Controller as to form, each certificate of redemption shall show: (a) The year of default. (b) A description of the property.

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