2008A Tax Sale - February 11 and 12, 2008

The County of Los Angeles Treasurer and Tax Collector sells properties located in Los Angeles County for which property taxes have not been paid for 3 years or more. The Public Auctions are open to the public. The next Public Auction of tax defaulted property will beheld on February 11 and 12, 2008 starting at 9:00 a.m. (PST) at the Los Angeles County Fairplex in Pomona, California.

The auction list for the 2008A tax sale of the tax defaulted properties in the County of Los Angeles will be available over the internet only starting on November 20, 2007 and available for sale by telephone or in person starting on December 11, 2007. Bidder registration will be open from 8:00 a.m. to 5:00 p.m. beginning January 7, 2008, and ending January 25, 2008. Prospective bidders are required to
pre-register IN PERSON. The required registration deposit is $5,000. Therefore, a $5,000 deposit in the form of cash, cashier's check, or bank-issued money order payable to the Los Angeles County Tax Collector is required at registration time. No other forms of payment will be accepted. You must register in person and receive your bidder card at the office of the Treasurer and Tax Collector,
225 North Hill Street, Room 130, Los Angeles, California 90012. YOU MAY NOT REGISTER AT THE AUCTION SITE. We will require valid photo identification at the time of registration (i.e., driver's license, military ID card, Mexican Matricula Consular, passport, California ID card). Please read carefully the Bidder Registration requirements provided in the auction book and on the Treasurer and Tax Collector’s website at http://ttc.lacounty.gov, as other requirements may apply to persons registering for another person or as a corporation, partnership, trust, etc.

At the time you register, you can increase your initial registration deposit by opening an Auction Trust Account. This will eliminate the need to stand in the cashier’s line for the purpose of paying the deposit on property purchased. To open an Auction Trust Account, you must deposit a minimum of $5,000, in addition to the $5,000 registration deposit. During the auction, if you are the successful bidder, proceed to the Auction Desk and indicate whether or not you want to pay the minimum amount due or pay the full purchase price of the property. The Auction Operators will give you a Purchase Agreement indicating the amount that will be automatically deducted from your Auction Trust Account. Please note that we cannot apply any funds to your purchase until the Purchase Agreement is signed.

As long as there are sufficient funds in your Auction Trust Account, there will be NO need to see the cashier to complete your purchase at the auction site. To setup the Auction Trust Account, contact the Bidder Registration Unit at (213) 974-2040. Only cash, cashier’s checks, and bank-issued money orders payable to the Los Angeles County Tax Collector will be accepted for the Auction Trust Accounts.

Please be advised that unused monies in the Auction Trust Account and unused registration deposit will be refunded by mail within 30 days from the date of the sale. NO REFUNDS WILL BE ISSUED AT THE AUCTION.