The Sheriff’s Office in Oklahoma County, Oklahoma, is partnering with Bid4Assets, an online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale.
Oklahoma County’s is scheduled for November 14. Prospective bidders must register a free Bid4Assets account to participate in the sale. Bid4Assets’ services will come at no cost to Oklahoma County, plaintiffs, defendants or foreclosure attorneys.
“Our office is always searching for new ways to utilize technology to benefit the residents of Oklahoma County,” said Oklahoma County Sheriff Tommie Johnson III. “Bringing these auctions online will open participation up to more bidders, reduce blight in the community and free up our staff to spend more time working with homeowners seeking to remove their property from the sale.”
Earlier this year, Bid4Assets conducted its first online auction with an Oklahoma sheriff’s office – in that case the office serving Osage County. That followed last year’s passage of Senate Bill 976 that gave sheriffs the option to coordinate online foreclosure auctions.
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