The Risk-Reward Balance of Tax Deed Investing At Clayton County, Georgia

Embrace the potential rewards and navigate the risks in Clayton County, Georgia‘s tax deed investing landscape. A smart investment opportunity, but legal compliance and unexpected surprises require knowledge for success!

Clayton County, located just 10 miles south of Atlanta, is home to the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport. In 2023, this airport is expected to see a staggering 100 million passengers. This makes Clayton County’s significant role in international and domestic connectivity.

How Tax Deed Investing Works in Clayton County

In Clayton County, tax deed sales are a way for the county to recover unpaid property taxes. These sales usually happen on the first Tuesday of the month at 10:00 AM on the steps of the Harold R. Banke Justice Center, located at 9151 Tara Blvd, Jonesboro, GA 30236.

Properties with unpaid taxes are auctioned to the highest bidder. The starting bid often includes unpaid taxes, penalties, and administrative costs. Buyers receive a tax deed, but it’s important to know that this doesn’t mean immediate property ownership.

The original property owner has a redemption period of one year to pay back the owed amount plus a penalty to reclaim their property. If they don’t, the buyer can take steps to obtain full ownership.

Important Details

Detail	Information
Tax Sale Type	Tax Deed
Typical Sale Date	Every first Tuesday of the month
Redemption Period	1 year
Interest Rate	20%
Bid Procedure	Premium Bid
Auction Location	9151 Tara Blvd, Jonesboro, GA 30236 (courthouse steps)
Contact Info	Tax Commissioner’s Office: (770) 477-3311
Website	Clayton County Tax Commissioner

Pro Tips

Diversify Your Portfolio: Don’t just invest in Clayton County; look into various locations to spread out risks and opportunities.

Thorough Property Assessment: Check the condition of the property before bidding to avoid unexpected costs.

Comprehensive Title Search: Ensure there are no legal issues with the property title.

Understand Local Laws: Comply with all legal requirements to avoid complications.

Interesting Facts about the County

Historical Significance: In 1858, officials established the county and named it after Judge Augustin Smith Clayton.

Civil War Site: The Battle of Jonesboro was a significant event here in 1864.

Cultural Hub: The historic train depot in Jonesboro is now a cultural center and museum.

NASA Connection: Home to the Georgia Tech Research Institute’s Aerospace Laboratory in Forest Park.

Civil Rights History: Reverend Hosea Williams, a key civil rights leader, was active in the county.

Useful Links

• Clayton County Tax Sale Information
• Clayton County Tax Commissioner
• Clayton County Website
• Auction Site Information

FAQs

What is a tax deed?

• A tax deed is a legal document granting ownership of a property to a government body when the property owner defaults on paying property taxes. In a tax deed sale, the property itself is sold to recover the unpaid taxes.

How long is the redemption period in Clayton County?

• The redemption period in Clayton County is one year, during which the original property owner can reclaim their property by paying the owed amount plus a penalty.

What are the payment methods for tax deed purchases?

• Payments must be made in certified funds, cash, money order, or cashier’s check.

Need a Hand?

If you need more guidance on tax lien investing, don’t hesitate to reach out. Feel free to book a call with us for personalized advice and free resources.

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded