Tax Auction
2024 TAX AUCTION
Scheduled Downtime for IVR and online payments:
Friday, February 14, 2025 at 5:00 p.m. PST through
Monday, March 3, 2025 at 5:00 p.m. PST due to Property Tax Auction
Online Auction Date: February 21, 2025
Online Auction Begins: 5:00 a.m. PST
Location: http://www.bid4assets.com/Shasta 2025 Auction will become available in January of 2025
Tax Auction List: Minimum Bid List - 2024 Auction 2025 Auction Minimum Bid List will not be available until November of 2024
Maps for Auction: GIS Map of Properties for Sale - 2024 Auction 2025 Auction GIS Map of Properties will not become available until December of 2024
Registration: Registration will take place on the http://www.bid4assets.com/Shasta (2025 Auction link will not be available until January of 2025) webpage.
Registration Location: http://www.bid4assets.com/Shasta 2025 Auction link will not be available until January of 2025. Bidders may NOT register the day of the auction. Bidders must register online (not by mail).
Required Deposit: $5,000 (make sure the deposit is only $5,000; we will not hold all of the funds you plan to bid with) plus a $35 processing fee. The deposit must be submitted to Bid4Assets no later than February 17, 2025.
Right of Redemption
The right of redemption on a parcel ceases at 5:00 p.m. the last business day prior to the sale.
If there is an item number not offered, it means that the item has been redeemed or withdrawn prior to the sale. The term REDEEMED indicates that all defaulted taxes, penalties, fee(s), and/or costs have been paid in full. The term WITHDRAWN indicates that the parcel will not be offered at sale. Reasons for withdrawing a parcel from sale can include, but are not limited to an assessee who is the debtor in bankruptcy, unprobated estate, the tax collector's determination to sell at another sale, and/or an error in advertising or noticing.
Redemption (payment in full) can be made by check, cashier's check, money order, cash or wire. Payment can be mailed or sent by express or priority delivery, but UNDER NO CIRCUMSTANCE WILL A REDEMPTION PAYMENT BE ACCEPTED IF RECEIVED IN OUR OFFICE AFTER 5:00 P.M. OF THE LAST BUSINESS DAY PRIOR TO THE SALE. Additionally, any redemption payment remitted after January 31st MUST be made in the form of CASH, CASHIER'S CHECK (no personal checks), MONEY ORDER or CREDIT/DEBIT CARD.
Accepted Payment Methods: Online, by Phone, or in the Office.
Convenience Fee: Shasta County property taxes may be paid with any of the above listed Credit/Debit Cards or by E-Check. The company we use to process electronic payments will add a convenience fee to your bill: Credit Card (2.25%); Debit Card (flat fee of $3.95); E-Check ($0.50 flat fee)
Terms and Conditions
Registration Requirements
Registration, Deposit and Bid Paddle Instructions:
- Submit, Online, your completed Registration an $5,000 deposit plus $35.00 processing fee on the dates noted above at Bid4Assets
- Form of payment:
Payment Information
FUNDS MUST BE AVAILABLE DURING THE AUCTION. Successful bidders MUST pay for their parcel within 3 days. Bid4Assets will send the winning bidder an email confirmation, that will contain all the instructions on how to pay for the parcel. The successful bidder is required to remit payment of the bid price plus the document transfer tax and recording fees that apply.
The right of redemption on a parcel ceases at 5:00 p.m. of the last business day prior to the sale. The successful bidder must pay the full purchase price to the Treasurer-Tax Collector on any high bid. The Documentary Stamp Act requires the payment of a "Transfer Tax" at the rate of 55 cents for each $500.00 of value or fractional part thereof when the bid exceeds $100.00. The transfer tax will be collected at the time the purchase price is paid in full. If the minimum bid was reduced during this auction or any previous auction the successful bidder is responsible to pay the current year taxes by April 10, 2025. A personal check will be accepted for the current taxes. Call our office at 530-225-5511 to obtain current year tax amount.
Warning - Research Before You Invest!
The sale of these properties should not, in any way, be equated to real estate sales by licensed salesmen, brokers and realtors. The Shasta County Tax Collector cannot guarantee the condition of the property nor assume any responsibility for conformance to codes, permits or zoning ordinances. You should inspect the property before investing. The burden is on the purchaser to thoroughly research, before the sale, any matters relevant to his or her decision to purchase, rather than on the county, whose sole interest is the recovery of back taxes.
It is recommended that bidders consult with the Zoning Department of any city within which a particular parcel lies, or the Zoning Section of the County Planning Department for an unincorporated area parcel. Tax-defaulted property will be sold on an "as is" basis. Any costs incurred by the purchaser during the process will be borne by the purchaser. Should the successful purchaser desire a survey of the property, this must be done at the purchaser's own initiative and expense. No warranty is made by the County, either expressed or implied, relative to usability, the ground location, or property lines of the properties. The exact location, desirability, and usefulness of the properties must be determined by the prospective purchaser. Refund of any purchase or any payment on a credit sale will not be made.
The County assumes no liability for any other possible liens, encumbrances or easements, recorded or not recorded. When property is sold at Public Auction on which the IRS holds a tax lien, the United States has the right of redemption for 120 days from the date of such sale (26 USC §7425(d) and Revenue and Taxation Code §3712(g)). The IRS will pay the actual amount paid for the property by the bidder, plus interest at 6% per annum from date of sale, plus the expenses of sale that exceed any income received from the property.
"Caveat Emptor"
MEANS BUYER BEWARE. RESEARCH BEFORE YOU INVEST. THERE ARE ABSOLUTELY NO REFUNDS OF PURCHASES.
Deed Information
Generally, the successful bidder may take possession of a property after making payment in full, the Tax Deed to Purchaser is recorded, and complying with any conditions set forth between the tax collector and the successful bidder. However, most title companies will not insure the title until one to five years after the tax sale deed is recorded. Legal action to challenge a tax sale must be brought within one year of the tax sale deed recording date. Therefore, it is not advisable to make any improvements to the property during the first year of ownership.
How You Take Title to Real Property
View Title to Real Property information to help you determine vesting title in property you acquire at our tax auction. For example: Do you want Sole Ownership, Co-Ownership, Joint Tenancy, etc...
Property Maps
Plat maps and copies of maps on the auction properties are available at the Shasta County Assessor's Office, Shasta County Administration Center, 1450 Court Street, Ste. 208A, Redding, CA 96001, (530) 225-3600, for a fee. The maps show the approximate dimensions and general geographical location of the properties.