Riverside County to Host Annual Tax-Defaulted Timeshare Sale on Bid4Assets
95 Marriott, Shadow Ridge and Westin timeshares will be auctioned with minimum bids as low as $400
By: Bid4Assets Inc.
"We have hosted many sales for Riverside County, but this is obviously an unusual set of circumstances,"
There will be 95 timeshares available in this sale for Marriott, Shadow Ridge and Westin resorts. Online bidding will begin May 14th at 8:00 AM PT and will close on May 19th, 2020. Auctions will close at staggered times beginning at 11:00 AM PT. Riverside has selected 57 timeshare intervals to be reduced to a minimum bid of $400.00 and 48 timeshare intervals to be reduced to a minimum bid of $800.00 beginning May 15th at 9:00 AM PT if no bid is received on May 14th, 2020. All auctions are no reserve, meaning the highest bid at or above the minimum will win the property.
Bidders must register for a free Bid4Assets account and fund an $800 deposit (plus a $35 processing fee) before they are able to participate in this sale. Deposits are due no later than, Monday, May 11th, 2020. To view more details about this auction, including a full list of available properties, visit bid4assets.com/
Bid4Assets (http://www.bid4assets.com) is an online auction site based in Silver Spring, Md. The privately held company auctions distressed real estate for the federal government, county tax-collectors, financial institutions and real estate funds. Bid4Assets is particularly active with county governments in California, where it has conducted tax-defaulted property sales for the counties of Monterey, Humboldt, Yolo, Napa, Riverside, San Francisco, Imperial, San Diego, Siskiyou, Fresno, Kings, Tulare, Santa Cruz and Los Angeles, to name a few. Since its inception in 1999, the company has sold more than 100,000 properties nationwide and grossed over a billion dollars in auction sales.