Create a Bid4Assets account which is required to participate in any sheriff auction. The process is quick, free, and easy. Already have an account? Proceed to Deposit Instructions
Please review the following additional information on deposits. Only one deposit is required per auction date. This single deposit allows you to bid on all of the auctions closing on that particular date. Only reference the deposit ID listed in the instructions. This ID is unique to each sheriff auction. Regardless of which auction IDs you will be bidding on, please use the deposit ID in the instructions. Only certified check/money order or wire transfer are accepted. ACH, direct deposit, credit card, or money transfers will be rejected. Please do NOT deposit funds directly into Bid4Assets' escrow account. There is no limit to the amount that you can bid; the bid deposit does not cap your bidding, it is simply a requirement to participate. Please do NOT send more money than the required deposit or your deposit may be rejected. Please allow up to 48 business hours to acknowledge receipt of your deposit. You will be notified by email and in your message center when you are cleared to bid. Please note, certified checks/money orders may take an additional business day to process. For deposits received after the deadline, no guarantees can be made for participation. Bid4Assets’ deposit services team works diligently to clear deposits as quickly as possible, even late ones. View the Deposit Transfer Video Tutorial
What is an eCheck?
Bidders are urged to examine the title, location, and desirability of the properties to their own satisfaction prior to the sale. A complete list of properties available for auction is available below. Buying a sheriff sale property is a complex transaction and it is always recommended that buyers seek legal counsel. A useful list of frequently asked questions as well as a tax sale glossary can be found in the right navigation pane. If you have additional questions after reviewing the information in the auction, you are encouraged to contact the county in which the property is located. This information can be found in the “Contact Information” section below.
When you are ready to place a bid, click “Place Bid” on the auction page place bid Enter your bid amount in the Bid Amount box and be sure to agree to all the terms. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure. A more comprehensive, step-by- step guide to bidding is available by clicking here. Additional Bid informationWhat is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will be the leading bid. Examples of Auto Bid:If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200. Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount. If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000. The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed. If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $21,000, your bid will automatically be placed at the Reserve Price of $20,000. If another bidder jumps in, your bid will automatically increase until you meet your $21,000 maximum bid. What is Overtime? How can I Monitor My Auctions? Can I bid on Withdrawn or Postponed Auctions?
At the close of an auction, the highest bidder will be deemed the winner. After all the auctions in the county have closed, winning bidders will be notified in their message center with a congratulatory message that also alerts them to settlement requirements. The winning bidder will see each of the parcels that they won listed as a link to DeedWizard. The DeedWizard will allow you to quickly and easily provide vesting information and access settlement instructions. Any bidder that does not win a parcel or never participates in the auction after submitting a deposit will receive a refund. Winning BiddersWinning bidders will be notified in their message center after the close of the auctions. A DeedWizard link is provided for quick and easy transfer of vesting information. Please review the county terms of sale for the payment deadline and make sure you have enough funds on hand to meet the deadline When making a settlement payment, please reference the auction IDs for the specific parcels you won. Your deed will be transferred by the county within the timeframe specified in the county's terms of service. Generally, this can be anywhere from three weeks to three months. For questions relating to the timeline on recording the deed, please contact the county. All Other ParticipantsAny bidder who does not win one or more parcels after submitting a deposit will be refunded automatically with no need for request. Refund checks will be sent via eCheck shortly after the close of the auction. Bidders will be notified via an additional email when their eCheck refund has been sent. Refund eChecks will be sent to the email address associated with a bidder’s profile on Bid4Assets and made out to the name associated with that bidder’s Bid4Assets account. Please ensure this information is up to date before submitting a deposit.
For questions about the auction and the bidding process, please contact service@bid4assets.com Additional county information can be obtained at the Philadelphia County Sheriff Office website For questions about the assets and information that is not listed in the auction, please contact the county at SheriffTax@phila.gov
Research and Inspect Thoroughly Before You Bid Properties are sold "AS IS" You must be at least 18 years old to bid. Please review the conditions of sale document for additional terms. |