Quick Guide to Snagging a Property in Forsyth County, Georgia

Interested in securing your dream home in Forsyth County, Georgia, through tax sales? You’re in the right place. Let’s walk you through the essentials of buying a property via tax deed sales in this charming part of Georgia.

Forsyth County Tax Deed Sales

What is a Tax Deed Sale?

A tax deed sale in Forsyth County happens when properties with unpaid taxes are auctioned off to recover the owed amounts. The highest bidder at the auction wins the property. The starting bid includes the total tax due plus additional costs. If no one meets the minimum bid, the Tax Commissioner can bid for the county.

Redemption Period

Once you buy a property at a tax deed sale, the original owner, creditors, or other stakeholders have one year to reclaim it. They must pay the purchase price, a 20% premium, and any post-sale taxes or fees you’ve paid. If they don’t redeem the property within a year, you can start foreclosure proceedings to secure full ownership.

Payment Methods

Winning bidders must pay the full amount immediately after the auction using cash, certified checks, or money orders. Additionally, they need to sign a statement confirming the purchase at the bid price.

Steps to Start Tax Deed Investing

Research Local Laws

Understanding local laws is crucial. Familiarize yourself with Georgia’s tax sale laws, particularly those in the Official Code of Georgia Annotated (O.C.G.A.). This helps you navigate the process and avoid legal issues.

Visit the Forsyth County Tax Commissioner’s Website

For detailed information, visit these links:

• County Tax Sales Information
• County Property Tax Information

Check the Auction Site

Tax sales are conducted using the steps of the Forsyth County Courthouse. For upcoming auctions, visit:

• Forsyth County Live Tax Redeemable Deed Sale

Contact the County Office

For more questions, you can contact the Forsyth County Tax Commissioner’s office:

• Main Office: 1092 Tribble Gap Rd, Cumming, GA 30040
• Phone: (770) 781-2110
• Email: [email protected]

Here’s a handy reference table for Forsyth County tax deed sales:

Detail	Information
Tax Sale Type	Tax Deed
Typical Sale Date	First Tuesday of each month
Redemption Period	1 year
Interest Rate	20%
Bid Procedure	Premium Bid
Payment Methods	Cash, certified checks, or money orders
Auction Location	In front of the Forsyth County Courthouse
Contact Information	Phone: (770) 781-2110, Email: [email protected]
Useful Links	County Website

Pro Tips

Pro Tip: Pay post-purchase taxes promptly. This helps protect your investment from additional liens or another tax sale, which could weaken your position as the deed holder.

FAQ in Forsyth County Tax Sale

Q: What happens if no bids meet the minimum requirement at the auction?

A: The Tax Commissioner may bid on behalf of the county.

Q: How long do I have to redeem a property after purchasing it at a tax deed sale?

A: There is a 1-year redemption period for property owners, creditors, or other stakeholders to reclaim the property.

Q: What forms of payment are accepted at the auction?

A: Payments must be made in cash, certified checks, or money orders.

Useful Links

• Forsyth County Tax Sales Information
• Forsyth County Property Tax Information
• Forsyth County Live Tax Redeemable Deed Sale
• Forsyth County Official Website

Need a Hand?

Have more questions or need help with tax lien investing? Feel free to reach out. You can book a call with our experts or access free resources to help you along the way. Let’s start your real estate investment journey together!

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