From the

The San Diego County Treasurer-Tax Collector’s office is scheduled to auction off hundreds of tax defaulted properties next month.

Treasurer-Tax Collector Dan McAllister announced Friday that 469 tax defaulted properties are scheduled to be sold at the 2011 Property Tax Sale Auction scheduled for Friday, March 18, at the San Diego Convention Center.

The auction is being held in an effort to collect $2,432,354.26 in unpaid property taxes including penalties and fees.

“We currently have 76 improved properties, 278 timeshares and 115 unimproved parcels ready for auction,” McAllister said. “The numbers may change if owners step up and pay the defaulted taxes with penalties right before the deadline. Owners of delinquent properties have until 5 pm on Thursday, March 17, the day before the tax sale to bring their taxes and delinquent charges up to date, or their property will be sold.”

Interested bidders may purchase registration packets for $60 at any of the Treasurer-Tax Collector’s offices, located in downtown San Diego, Kearny Mesa, Chula Vista, El Cajon or San Marcos. A $1,000 refundable deposit is also required at the time of registration.

“This should give serious bidders ample time to do their research and due diligence,” McAllister said. “I expect to see more participants this year due to the economy.”

Minimum bids are set based on the total amount of back taxes, penalties and sales costs. The successful bidder may take possession of a property after making a payment in full and after the Tax Deed to Purchaser has been recorded.

Under California State law, the Treasurer-Tax Collector may sell any or all portions of properties that have been in default for five years. In December 2009, the Board of Supervisors approved 379 properties for last year’s auction. In November 2010, the Board approved nearly 600 properties for auction at this year’s sale.

The eleven-page list:

The county’s website for general information:

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