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Updated almost 8 years ago on . Most recent reply

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Kyle J.
  • Rental Property Investor
  • Northern, CA
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Anybody attend the Sacramento tax sale auction today?

Kyle J.
  • Rental Property Investor
  • Northern, CA
Posted

Just curious if anybody else attended the Sacramento County tax sale auction today?

Almost every property I was interest in - and planned to bid on - ended up being redeemed and removed from the auction list on the last day possible (Friday before the auction).  Figured most of them would be, but I still put a ton of time into researching them over the past week or so just in case they did stay on the list.  

I only ended up bidding on one property, but when it went (way) past the pre-determined max bid I set for myself, I let it go.  Definitely saw some other people get caught up in the auction environment and bid more than I would have ever bid on some of the properties. 

Interesting to watch it all nonetheless.

Most Popular Reply

User Stats

5,116
Posts
5,172
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Kyle J.
  • Rental Property Investor
  • Northern, CA
5,172
Votes |
5,116
Posts
Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

@Sean Moen There was a very big attendance.  The whole room was full.  (I heard them say several times that they were going to start asking spectators to leave so the bidders could all have a seat, but I never saw them actually ask anyone to leave and don't think they did.)

I spent quite a bit of time researching properties.  Probably 30-40 hours for this auction, I'd guess.  This was my first time actually attending a tax auction, but I'll definitely be attending them again.  I'll be back to Sac's next year, and likely will go to the one in San Joaquin County too (though that won't be til November).

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