Nov 29, 2022 07:00 PST
PLACERVILLE, Calif., November 29, 2022 (Newswire.com)
Bid4Assets hosted a successful tax-defaulted property sale for the El Dorado County, California Treasurer-Tax Collector’s office on Nov. 1, 2022. 73 tax-defaulted properties were sold at auction, generating a total of $2,018,010.14 in sale proceeds. An additional 75 properties were redeemed by their original owners and returned to county tax rolls.
By conducting the sale online, El Dorado County exposed the available properties to a wide range of potential bidders locally and nationally.
“This set of auctions produced numerous benefits for El Dorado County,” said El Dorado County Treasurer-Tax Collector K.E. Coleman. “With Bid4Assets’ service,…