Successful bidders must pay by cashier's check, wire transfer or electronic funds transfer, and payment must be received by 1 p.m. PT, three (3) business days after a subsequent sale closes. In addition to the purchase price, the documentary transfer tax ($0.55 per $500 of the purchase price) is required.
Only a successful bidder has the opportunity to purchase County assets. If the successful bidder defaults, under California State Law, the County cannot resort to the second highest bidder, and will be required to take appropriate legal action against the bidder who defaults. For more information, contact us at 707-253-4314.