TAX DEED, San Bernardino, CA
I just won a bid online. It's a vacant lot, but when I visit the lot. There was a house on it. From my research. The house has a VA loan on it. The house is fair and people living in it.
The parcel # to the vacant lot was different from the parcel # on the address (house that is sitting on the lot).
This is my first property that I bid on and new to this. From what I understand is that once you won the bid, you own it or what for one year to see if there is a dispute.
The county say they will mail out the deed, but I am still waiting for it.
I don't know how to proceed from here. Do I really own the property that is sitting on the lot, or do I just own the lot? Do I have to pay the current loan? How do I proceed from here.
Can someone give me any advise? 
My update.
Property is mine. Once the property is recorded under my name and recieve the tax deed. The property is mine. The prior owner does not have the one year redemption period. They forfieted their property the last day before the auction. This is in San Bernardino County, CA. Thanks for the help guys. I 'm laughing away with a huge profit.
Hello,
Check the legal description of the deed against the property. The assessors office has maps with lot and block laid out, aka Plat maps.
Although it is possible you own the house. The lender would have had to have been notified otherwise they can easily overturn the sale in Court. It is also possible they wrote it off and said "the heck with it". I have seen that happen on a very nice house.
Good luck,
Steve
Congratulations. But to play it safe.
I would check legal very carefully like get a copy of the tract map and with a compass and a tape be sure yours is the same property as the lot with the house on it. Then I would visit the nice people who therein live and ask. Do they own or rent if rented from who. Did they erect the house or was it a move on. etc. etc.
Then to the building department check for a permit at time of erection of the building. If all checks out sit tight for six months then take action to collect rents to take over the house or to be paid off by whatever mortgage company did the financing on it. Because I am sneeky I would record a John Doe sale from me to a close friend for a goodly sum. Which sets up your legal action to collect in damages or a claim against the title company etc. etc. Lots of fun Lucius
Taxpayer, I hope you could answer a quick question for me. I was going to bid on a property that is again, for the 4 time, coming up at auction. The problem with the property is that is assessed value is 4k but the tax owed is 12k (SBC treasurer losing big). I see this time that the minimum bid as been reduced to well below that. I guess what I want to ask is that when you won the bid where you still responsible for the back taxes? I wouldn’t mind bidding on the property for a reasonable cost but I don’t want to be responsible for the back taxes now or later. I ask because the information that SBC gives you is weak and non-informative
Taxpayer: congrats on your win. I'm also from the San Bernardino County. I participated in the last tax lien auction, did research, went to the county recorder to check title, did drive-by's, my due diligence, comps, even placed some bids, etc. If you can find a property free of other tax liens plus win the bid, then you are very LUCKY. 95% of the properties that passed my "due diligence" were pulled out of the auction the last minute because the owners decided to pay their property taxes by FRI 5PM (talk about last minute) and the county did not update their AUCTION LIST until MON Morning to show the pulled out properties.
Next time, I'd rather hire a company to do my research for me. Too time consuming, especially since your targetted properties can easily be taken off the auction.
Major congrats to you!
1_deC4:
In the San Bernardino County, CA, any other tax liens (IRS & state) come with a successful winning bid on a property tax lien. You need to check out the owner's record at the County Recorder to check out if any other tax liens exist, how much they are, and decide if the VALUE of the home is worth paying the other tax liens. You will be liable for those other tax liens.
As for the assessed value, that value is not very accurate to judge the actual current market value of the property. To my understanding, the assessed value is only updated when a tranfer of deed occurs. So if the property was purchased 10 years ago, then it most likely has appreciated since then.
From what I know. CA is a Tax Deed state. SBA opens their bid with back taxes. If no one bids on the parcel, they will offered the next time around at a lower bid. I don't know about the back taxes. You might want to called the tax collectos office. Here is there number 909-387-8308. You might want to give them a call, I would like to know the answer too. Please post it here when you get any response from them. You might want to ask them more questions while your're at it. Sorry I for not having the answer.
For one, you need to go the county and make sure what parcel you bought. Then while you're there make sure to look to see if there is any improvement on the property. If there is improvement on the property then more than likely the property you looked at was the property you bought.
Secondly, a lot only has one parcel number, if it has two, then there is two different parcels involved. As for the people living there I would deal with them after you've made the title clean, meaning having a title company make you title to the property marketable without any clouds or in other words very similar to a quiet title action to remove cloud that may affect title. Once you have done that, you can evict whoever is there on your property.
You need to go back to the court house and ask, normally when you read the property profile, it will indicated it is vacant lot or structure, if it is structure the property normally has an address, if you brought this at tax sale, then the property mortgages are void, it only the tax and lien will be remain, you need to check with your county .
If the house come with the lot, you need to evict. Good Luck
My advise: You should do a due deligent before you bid on any property, then there would be no surprise!
Jenny Chau
:oops: :oops: :oops:
[addsig]
You need to go back to the court house and ask, normally when you read the property profile, it will indicated it is vacant lot or structure, if it is structure the property normally has an address, if you brought this at tax sale, then the property mortgages are void, it only the tax and lien will be remain, you need to check with your county .
If the house come with the lot, you need to evict. Good Luck
My advise: You should do a due deligent before you bid on any property, then there would be no surprise!
Jenny Chau
:oops: :oops: :oops:
[addsig]
You need to go back to the court house and ask, normally when you read the property profile, it will indicated it is vacant lot or structure, if it is structure the property normally has an address, if you brought this at tax sale, then the property mortgages are void, it only the tax and lien will be remain, you need to check with your county .
If the house come with the lot, you need to evict. Good Luck
My advise: You should do a due deligent before you bid on any property, then there would be no surprise!
Jenny Chau
:oops: :oops: :oops:
[addsig]
You need to go back to the court house and ask, normally when you read the property profile, it will indicated it is vacant lot or structure, if it is structure the property normally has an address, if you brought this at tax sale, then the property mortgages are void, it only the tax and lien will be remain, you need to check with your county .
If the house come with the lot, you need to evict. Good Luck
My advise: You should do a due deligent before you bid on any property, then there would be no surprise!
Jenny Chau
:oops: :oops: :oops:
[addsig]
You need more information to solve your problem. First either contact a title company or search the county records yourself and identify the legal description associated with tax deed you purchased. Many properties have multiple parcel numbers. You need to see the legal description. A tax deed can wipe out mortgages, but I suspect that the mortgage is tied to the part of the property you did not buy the tax deed on. Otherwise the lender would have paid the taxes and redeemed the property. However, if your legal description in the tax deed covers both parcels you are the new owner of the house subject to any rights of redemption.
Need more info to help! What state? Type of lien? Tax
lien/tax cert/quit claim deed? Please give more specific details. MrMark