How can I find the auction procedures for Santa Clara County?


#1

Are there a set of bidding procedures (cash requirements, identification requirements, registration procedures and other auction protocols) that we can access through the web or at Foreclosureradar.com? (For example, Can you take a cell phone and laptop into most auctions?)
?
I have looked on the web and found Santa clara county Tax Collector’s Office auction procedures and requirements but cannot find Trustee auction sale procedures. Or do I have to physically go my county recorder’s office to get these procedures? Would the County Tax collector’s auction procedure be the same procedure as the trustee sale auction procedures?
?
I noticed in foreclosureradar.com that for Santa Clara county, all the auctions seem to be happening at the following address: 190 N Market St. San Jose. Would this be the county recorder building? Or is the auction held in a room within the building? Or is the auction permformed outside “on the steps” in front of the building?
?
Are the procedures the similar throughout California? Or do the procedures vary greatly from county to county?
?
Thanks for any insights!


#2

Procedures are going to be the same throughout the state, and the only official documentation is found in Civil Code 2924. I’d specifically suggest you start reading at 2924g.
?
The auctions are public and typically held on the outside of the county courthouse, “on the steps”. Though I’ve seen auctioneers tell folks they can’t use video recorders they really have no say in the matter. Anything you can legally do in public you can legally do here.
?
You will need identification, and you must qualify to bid by showing that you have funds in hand. Properties purchased at auction must be paid for in full, in cash (typically using a cashiers check) right then. You will be required to provide vesting information as well so make sure you know what name you want to put the property in.
?
And before bidding, make sure you have understand the risks. There is no title insurance at auction, you will be liable for senior liens and encumbrances, and the property is purchased as-is, with no chance to change your mind.
?
?


#3

Where can I find forclosures home before the auction start?


#4

ForeclosureRadar.com provides details on every foreclosure, both before and after the auction.