MADERA - Following a successful tax-defaulted property sale in May 2017, Madera County is hosting a re-offer sale on Bid4Assets to return even more distressed properties to the tax rolls. In the May sale, 57 properties were either redeemed by the owners or sold at auction. The funds generated support essential county services, which can face shortfalls when taxes go unpaid.
“The Bid4Assets platform enabled us to sell over $1.1 million worth of tax-defaulted property this May,” says Tracy Kennedy, Madera County Treasurer-Tax Collector. “The goal of the sale is to eliminate shortfalls from unpaid taxes and return these properties to taxpaying status for the county. An internet-based auction utilizing Bid4Assets’ technology has proven to be an ideal way to achieve this.”