Bid4Assets

Bid4Assets to Host Online Tax-Defaulted Property Sale for Riverside County, California with 152 Auction Listings

Retrieved on: 
Mittwoch, April 10, 2024

RIVERSIDE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- The Riverside County, California Treasurer-Tax Collector’s Office will host its annual tax-defaulted property sale in collaboration with online auction provider Bid4Assets, the leading online marketplace for the sale of distressed government real estate.

Key Points: 
  • RIVERSIDE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- The Riverside County, California Treasurer-Tax Collector’s Office will host its annual tax-defaulted property sale in collaboration with online auction provider Bid4Assets, the leading online marketplace for the sale of distressed government real estate.
  • Online bidding for more than 152 properties will begin April 25, 2024, at 8:00 AM PT and end April 30, 2024, at staggered times.
  • “Since 2003, Bid4Assets has helped Riverside County return over 7,000 tax-defaulted properties to the tax rolls, generating over $115 million in sales proceeds,” said Bid4Assets President Jesse Loomis.
  • Riverside County has hosted its tax-defaulted property sales online through Bid4Assets since 2003.

Bid4Assets to Host Online Tax-Defaulted Properties Auction for Los Angeles County Treasurer’s Office

Retrieved on: 
Dienstag, April 2, 2024

LOS ANGELES, April 02, 2024 (GLOBE NEWSWIRE) -- The Los Angeles County, California Treasurer’s office will conduct its latest tax sale on the leading online auction platform for distressed real estate properties, Bid4Assets .

Key Points: 
  • LOS ANGELES, April 02, 2024 (GLOBE NEWSWIRE) -- The Los Angeles County, California Treasurer’s office will conduct its latest tax sale on the leading online auction platform for distressed real estate properties, Bid4Assets .
  • All properties will open at a minimum bid with some properties starting at $1,664.
  • All auctions will have no reserve, meaning the highest bid at or above the minimum will win the auction.
  • By conducting the sale online, Los Angeles County is exposing the sale to Bid4Assets’ national buyer base in order to return a greater amount of distressed properties to the tax rolls.

Schuylkill County, PA to Transition to Online Sheriff’s Sales in April

Retrieved on: 
Dienstag, März 26, 2024

Interested bidders will be required to create a free Bid4Assets account and submit a $2,500 bid deposit by April 5.

Key Points: 
  • Interested bidders will be required to create a free Bid4Assets account and submit a $2,500 bid deposit by April 5.
  • By moving online, the sheriff’s office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely.
  • Bid4Assets has recently hosted successful online foreclosure sales for multiple sheriff’s offices in Pennsylvania, including Montgomery, Monroe, Berks, Adams and Philadelphia Counties.
  • Bid4Assets pioneered the first online sheriff’s sale in the Commonwealth of Pennsylvania in 2020.

Bradford County, PA to Transition to Online Sheriff’s Sales

Retrieved on: 
Dienstag, März 19, 2024

By moving online, the sheriff’s office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely.

Key Points: 
  • By moving online, the sheriff’s office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely.
  • Bid4Assets has recently hosted successful online foreclosure sales for multiple sheriff’s offices in Pennsylvania, including Montgomery, Monroe, Berks, Adams and Philadelphia Counties.
  • We’re thrilled to see Bradford County making this transition.”
    Bid4Assets was founded in 1999 and conducted the first online tax sale and the first online federal forfeiture auction in the U.S., both in 2000.
  • Bid4Assets pioneered the first online sheriff’s sale in the Commonwealth of Pennsylvania in 2020.

Chelan County, Washington Achieves State’s First Virtual Third-Party Sale in October Foreclosure Auction

Retrieved on: 
Donnerstag, November 16, 2023

WENATCHEE, Wash., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Chelan County, Washington Sheriff’s office successfully conducted its first virtual third-party sale conducted through a leading online marketplace for distressed real estate, Bid4Assets.com.

Key Points: 
  • WENATCHEE, Wash., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Chelan County, Washington Sheriff’s office successfully conducted its first virtual third-party sale conducted through a leading online marketplace for distressed real estate, Bid4Assets.com.
  • This was one of Washington’s first virtual foreclosure auctions and the first to sell third-party, rather than being purchased by the lender.
  • “It is great to see our virtual auctions produce a sale that likely would not have happened in the old format,” said Chelan County Sheriff Mike Morrison.
  • Chelan County’s next auction on Bid4Assets will take place on December 1 with real property available in Leavenworth.

Oklahoma County Sheriff's Office to Conduct First-Ever Online Foreclosure Auction with Bid4Assets.com

Retrieved on: 
Donnerstag, November 9, 2023

OKLAHOMA CITY, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The Oklahoma County, Oklahoma sheriff’s office has selected Bid4Assets, the leading online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale.

Key Points: 
  • OKLAHOMA CITY, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The Oklahoma County, Oklahoma sheriff’s office has selected Bid4Assets, the leading online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale.
  • “Our office is always searching for new ways to utilize technology to benefit the residents of Oklahoma County,” said Oklahoma County Sheriff Tommie Johnson, III.
  • The bill gave Oklahoma sheriffs the option, but not the mandate, to conduct foreclosure auctions online.
  • Bid4Assets' primary focus is helping county governments to conduct foreclosure and tax foreclosure auctions online.

Armstrong County, PA to Transition to Online Sheriff’s Sales in October

Retrieved on: 
Dienstag, Oktober 24, 2023

By moving online, the sheriff’s office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely.

Key Points: 
  • By moving online, the sheriff’s office intends to streamline the auction process and increase accessibility by allowing all participants to bid remotely.
  • The online format exposes the properties to a larger group of potential buyers, increasing the likelihood of third-party sales and excess proceeds for defendants, while reducing the number of properties that lenders will need to purchase.
  • Bid4Assets has recently hosted successful online foreclosure sales for multiple sheriff’s offices in Pennsylvania, including Montgomery, Monroe, Berks, Adams and Philadelphia Counties.
  • “The decision to move to online sales became easier as we saw the format’s effectiveness across the state,” said Armstrong County Sheriff Frank Pitzer.

Bid4Assets to Host Online Tax-Defaulted Property Auction for Los Angeles County Treasurer’s Office

Retrieved on: 
Donnerstag, Oktober 12, 2023

LOS ANGELES, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The Los Angeles County, California Treasurer’s office will conduct its latest tax sale with a leading online auction platform for distressed real estate sales, Bid4Assets, the leading online auction platform for distressed real estate sales.

Key Points: 
  • LOS ANGELES, Oct. 12, 2023 (GLOBE NEWSWIRE) -- The Los Angeles County, California Treasurer’s office will conduct its latest tax sale with a leading online auction platform for distressed real estate sales, Bid4Assets, the leading online auction platform for distressed real estate sales.
  • By conducting the sale online, Los Angeles County is exposing the sale to Bid4Assets’ national buyer base in order to return a greater amount of distressed properties to the tax rolls.
  • Los Angeles County previously hosted a virtual tax delinquent property sale in April 2023 on Bid4Assets.
  • Bid4Assets has been conducting online auctions for Los Angeles County since 2014.

Pacific County, WA Treasurer’s Office’s First Virtual Tax Sale Opens on Bid4Assets.com to Huge Success

Retrieved on: 
Donnerstag, August 31, 2023

SOUTH BEND, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- The Pacific County, WA Treasurer’s office conducted the county’s first-ever virtual tax foreclosure sale with Bid4Assets , a leading online auction marketplace for distressed real estate sales.

Key Points: 
  • SOUTH BEND, Wash., Aug. 31, 2023 (GLOBE NEWSWIRE) -- The Pacific County, WA Treasurer’s office conducted the county’s first-ever virtual tax foreclosure sale with Bid4Assets , a leading online auction marketplace for distressed real estate sales.
  • “Our office had not held a surplus property sale in many years, and we didn’t really know what to expect,” said Shelly Flemetis, chief treasury/investment officer for Pacific County.
  • “We are thrilled to see such strong results for Pacific County’s first-ever virtual tax sale,” said Bid4Assets President Jesse Loomis.
  • Following the success of its first sale, Pacific County has confirmed plans to conduct another online auction with Bid4Assets in 2024.

Cumberland County to Hold First-Ever Online Auction for Delinquent Real Estate Taxes via Bid4Assets.com

Retrieved on: 
Mittwoch, August 30, 2023

CARLISLE, Pa., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Bid4Assets , a leading online marketplace for distressed real estate auctions, has been selected by the Cumberland County, Pennsylvania Tax Claim Bureau to host its first-ever virtual tax delinquent properties sale.

Key Points: 
  • CARLISLE, Pa., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Bid4Assets , a leading online marketplace for distressed real estate auctions, has been selected by the Cumberland County, Pennsylvania Tax Claim Bureau to host its first-ever virtual tax delinquent properties sale.
  • By moving the sale online, Cumberland County is exposing the sale to a wider pool of buyers, increasing the likelihood the properties will be returned to the tax rolls.
  • Funds generated from the sale support essential county services, which can face shortfalls when taxes go unpaid.
  • “Our office is on standby to assist all taxpayers seeking to remove their property from this sale,” said Cumberland County Tax Claim Bureau Director Melissa Mixell.