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We Need The Money

96 timeshare units, five condos, one vacant lot, eight single-family homes, one commercial retail space, two duplexes, three apartment buildings and one hotel within San Francisco might be sent to auction. Yesterday the Board of Supervisors unanimously approved a plan to auction off 117 private properties of tax evaders. Last year, the city politely let more than 100 private property owners know that if they didn't get it together and pay their taxes, their properties would get sent to the auction block. The sale is expected to bring in $1.1 million to the city. But not all hope is lost for these property owners who might realize what a terrible mistake they've made. They can still pay off the delinquent fees to save their property up until the day of the auction. [NBC Bay Area]