Welcome to Philadelphia’s Sheriff Sales on Bid4Assets.
Please visit the links below to view lists of tax foreclosure or mortgage foreclosure auctions.
The Philadelphia Sheriff’s Office uses Bid4Assets as a platform to provide auction services.
Bid4Assets is one of the most successful real estate online auction sites operating today. Founded in 1999, Bid4Assets hosts a variety of property sales around the U.S. including tax foreclosures, sheriff’s sales and federal forfeiture auctions. Since its inception the company has sold more than 125,000 properties and grossed over a billion dollars in auction sales.
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are emailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.
Purchaser shall pay the balance of 10% of the purchase price plus a 10% buyer’s premium (on the total purchase price) by 5:00 PM ET on the first (1st) business day following the Auction. Purchaser shall have 15 calendar days from the auction date to pay the remaining balance. Payments shall be made to Bid4Assets. No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Philadelphia County Sheriff’s Office and may be banned from future sales. A $35 per-parcel-won administrative fee will be added to the final sale price.
Please view Terms of Sale for more information.
Buyer Premium Information
This auction requires that the winning bidder pay a Buyer’s Premium of 10.00% of the winning bid amount.(The Buyer’s Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.