I just got in yesterday from a trip to California. A tax defaulted sale took place on March the 16th at 9:00 at the Riverside Convention Center. Because around 368 property owners were delinquent in their property taxes, and therefore those that did not pay in time, lost their property to tax foreclosure. Their property was sold to the highest bidder at the auction, free and clear.
It is so shocking that you can pick up a property for just the back taxes and own it free and clear (depending on the state legislation).
At the auction, there ended up being about 150 properties that were sold for back taxes. In California, taxes have to be delinquent for 5 years, before action is taken against the property owner to foreclose and collect the back monies.
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