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San Bernardino County
Why Invest in San Bernardino County Tax Deed Auctions?
Investing in San Bernardino County tax deed auctions is recommended for several reasons. First, it is a vast county offering a diverse range of properties. Additionally, the county is experiencing rapid growth, leading to rising property values, which enhances its appeal as a promising investment location. Furthermore, while being close to major cities, San Bernardino maintains a peaceful and attractive environment, making it not only a desirable place to invest but also a pleasant area to live in.
Benefits of Tax Deed Auctions
Investing in tax deed auctions can be highly profitable. Buyers often purchase properties for significantly less than their market value when owners fail to pay property taxes. This means you can acquire valuable properties at a fraction of the cost.
How to Start?
First, visit the San Bernardino County Tax Collector’s website for detailed information on tax deed sales. Next, review the Tax Sale Information section to understand the terms, conditions, sale schedules, and past sales history. After that, make sure to conduct thorough due diligence by researching each property, including its exact location, boundaries, and any other specifics. Finally, familiarize yourself with the auction process by either attending events in person or placing online offers.
Pro Tip: Properties are sold “as is,” so it’s essential to thoroughly research and understand all aspects of the property you’re interested in before bidding.
Frequently Asked Questions
What is a Tax Deed Auction?
A tax deed auction is a public sale where properties are sold because of unpaid property taxes. The highest bidder wins the property title.. The highest bidder acquires the property title.
How do I find properties for sale in San Bernardino County?
Begin by visiting the County Tax Collector’s website, then navigate to the Tax Sale Information section. From there, you can access lists of available properties.
What happens if I win a bid?
If you win a bid, you must first pay the amount due, and then you will receive a tax deed to the property.
Are there any risks?
Yes, properties are sold “as is,” and, furthermore, there may be additional costs or legal issues. Therefore, always conduct thorough research before bidding.
Can I redeem a property after purchase?
In some cases, the previous owner may have a redemption period where they can repay the back taxes to reclaim the property. Always check the specific rules for each auction.
San Bernardino County Links
Need Help?
Start by getting our free Tax Lien & Deed Mini-Course, or book a call now for a customized investing plan HERE.
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About Dustin Hahn
Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”