Affordable Real Estate in Fresno County?

Are you on the lookout for a way to invest in real estate without breaking the bank? Fresno County has a golden opportunity for you. Through its annual Tax Deed Auction every March, you can buy properties at a whopping 40-80% below market value. Intrigued? Keep reading to find out.

Why Fresno County?

Fresno’s real estate market is unique and appealing for several reasons. The city has a strong agricultural base, which means many residents are seasonal or temporary workers. This creates a constant demand for housing, especially short-term rentals. The occupancy rate for multifamily properties in Fresno is an impressive 98%, showing a high need for rentals. Unlike places like Los Angeles or San Francisco, where property prices are sky-high, Fresno offers more affordable options. And with the Tax Deed Auction, you can get these properties at even lower prices—sometimes for as little as $500.

Starting Fresno County Tax Deed Auctions

Registration and Deposit

  • Register Online:

To join the auction, you need to register on Online Auction Software Solutions – Realauction.com.
Fresno County switched from Bid4Assets.com | Online Real Estate Auctions | County Tax Sale Auctions | Government Auctions to Online Auction Software Solutions – Realauction.com in 2023.

  • Prepare Your Deposit:

You’ll need a $5,000 deposit. This isn’t just any deposit—it’s your ticket to the auction. If you don’t win any bids, you get your money back. If you win, the deposit goes towards your property purchase and is non-refundable.

Important Dates and Steps in Fresno County Tax Sale

  • Auction Details Release:

About a month before the sale, they post auction details online. That’s your signal to register and make your deposit.

  • Finalizing the Sale:

If you win a bid, you must complete the purchase. If you don’t, you lose your deposit and might face a five-year ban from future auctions.

Doing Your Homework

  • Research Properties:

Properties are sold ‘as is,’ so it is important to do your research. Check out the title, location, and whether the property meets your needs.

  • Auction Property List:

When the list goes live, look it over carefully and do your due diligence. This is key to making a smart investment.

Downtown Fresno, California at Dawn - Aerial View

Frequently Asked Questions

When is the Fresno County Tax Deed Auction held?

  • It’s held every March.

Is there a redemption period for properties bought at the auction?

  • No, there is no redemption period.

What happens if I don’t complete a purchase after winning a bid?

  • You will lose your deposit and might be banned from future auctions for five years.

How do I prepare for the auction?

Fresno County’s Tax Deed Auction is a fantastic way to invest in real estate at a significant discount. With the right preparation and research, you can turn these opportunities into profitable investments. Use our resources and expertise to help you succeed in your real estate journey.

For more detailed information, check out our FREE mini-courses linked below. If you need personalized guidance, book a call with us—we’re here to help you every step of the way.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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