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Getting Gaveled?

San Francisco does not just sit around forever sending you notices. If you're delinquent on your real estate taxes, it may auction your property, pending approval of the Board of Supervisors tomorrow. The good news is you get any balance over the tax and penalty amount, and the auction site is currently down due to excess traffic. Could be a genius new way to sell if you're not in a hurry- don't pay taxes, conserve cash, and let the city do the marketing for you. Most of the 117 properties are time shares, which seems to hint at an underlying management company problem. [SFExaminer/Under the Dome]