SANTA ANA, Calif., – Over 60 Timeshares are expected to be sold at our upcoming internet auction including over 10 luxury Marriott Newport Coast Villas timeshares intervals. In addition, we expect to also sell both improved and unimproved properties at the auction. The deadline for bidder registration is Tuesday, August 10 at 5 pm PST.
“The Marriott luxury timeshares were very popular at our last internet auction” said Treasurer Shari Freidenrich. “I encourage all of those interested to register to bid by next Tuesday, August 10 at 5 p.m.” A listing of all properties scheduled for auction is available at octreasurer.com/octaxauction and at octaxauction.mytaxsale.com. The timeshare parcel numbers start with 898, 899 and 916.
Those interested should sign up to our Tax Auction subscription to receive daily updates to our auction list. You can sign up at: octreasurer.com/taxauctionreminders.
If you are interested in bidding on a parcel, you will also need to register as a user at octaxauction.mytaxsale.com and submit a refundable deposit of $1,500 by eCheck by August 10. No bidder registrations will be accepted after August 10. Once you have registered, log into the site and click on “My Payments” and select “Submit Deposit.” All deposits must be made by eCheck (bank account) through the website to our third-party vendor, Grant Street Group, and received no later than 5 p.m. PST on August 10. Registration will not be permitted by mail or in person and will not be permitted after this date.
If you are not a successful bidder on a parcel, your deposit will be automatically refunded to your bank account within 10 business days after the close of the auction. Grant Street Group will transfer the deposits of all successful bidders to the County of Orange for credit toward the purchase. Bidding will start at 8 a.m. PST with batches of parcels scheduled to close through the stated close times posted online. This is a buyer beware sale and all sales are final. In addition, if the property you planned to bid on is paid off before the auction, you can request a full refund.
The Treasurer sets the minimum bids based on the total amount of delinquent taxes, penalties and selling costs. Some liens may not be discharged by the sale, so it is important to check out the detailed information on the tax auction website. By law, owners of a tax-defaulted property may not purchase that property either directly or indirectly at a price below the minimum offered at the auction.
If you have general questions regarding the tax auction, please e-mail us at ttcinfo@ttc.ocgov.com or call (714) 834-3411 between 9 a.m. and 5 p.m PST. Please direct any questions regarding the website or the bidding process to the Auction Administrator or call their customer support at (877) 274-9320 from 8 a.m. to 5 p.m. EST.
