A Guide to Tax Sales in Volusia County, Florida

Volusia County, Florida, provides a dynamic opportunity for investors and property buyers through its tax sales process. These sales include Tax Certificate Sales and Tax Deed Sales, aimed at recovering unpaid property taxes while creating potential investment opportunities. Here’s everything you need to know about how Volusia County conducts tax sales.

Tax Certificate Sales: Earning Through Delinquent Taxes

Annual Auction

The Volusia County Tax Collector conducts an annual online tax certificate sale, typically starting in mid-May and concluding by the end of the month. Check out our Auction Calendar for scheduled auctions.

These sales are hosted on LienHub, where investors can view and bid on available certificates.

How It Works

Reverse Bidding: Auctions begin at an 18% interest rate, and bidders compete by offering lower rates. The certificate is awarded to the bidder willing to accept the lowest interest rate.

County-Owned Certificates: If no bids are placed, the certificate is struck to the county at the maximum rate of 18%. When redeemed, the county collects the interest.

Redemption Period

Property owners have up to two years from the date of issuance to redeem their tax certificate by paying the delinquent taxes, accrued interest, and fees. If not redeemed, certificate holders may initiate a tax deed application.

Tax Deed Sales: Acquiring Property Through Auctions

Applying for a Tax Deed

After holding a tax certificate for at least two years without redemption by the property owner, certificate holders can apply for a tax deed. This involves covering administrative and legal fees through the Tax Collector’s Office. Check out our Auction Calendar for scheduled auctions.

Public Auction

Properties with unredeemed tax certificates are sold at a public auction managed by the Volusia County Clerk of the Circuit Court. The Clerk’s Tax Deed Sales Inquiry page provides schedules and property details for online auctions, allowing bidders to participate actively.

Opening Bids

The starting bid includes unpaid taxes, accrued interest, administrative fees, and costs required by Florida statutes. The total opening bid also includes one-half of the assessed value for homestead properties

Important Considerations for Buyers

1. Conduct Thorough Research
   
   Buyers must perform due diligence by reviewing ownership details, liens, and encumbrances. Information is available through the Volusia County Clerk’s website.
   
   The County sells the properties as-is, and buyers must address any issues after purchase.
2. Payment Requirements
   
   Winning bidders must provide a non-refundable deposit of 5% of the bid or $200, whichever is greater, immediately after the sale.
   
   You must pay the remaining balance by 11:00 a.m. the next business day using cash, a cashier’s check, or a money order.
3. Professional Guidance
   
   First-time participants or those unfamiliar with tax sales should consider consulting a legal or real estate professional for assistance.

Why Participate in Volusia County’s Tax Sales?

Tax sales in Volusia County provide opportunities for investors to earn returns on tax certificates or acquire properties at competitive rates. For property buyers, it’s a chance to secure real estate in a thriving Florida market.

Useful Links

• Auction Calendar
• Comprehensive Guide to Florida’s Deed Auction Process and Key Requirements
• Discover the intriguing world of Hybrid Auctions
• Discover Tax Deeds and how you can find property for as little as $50! 
• Want to get started with Tax Liens? Watch this video!
• Explore the lucrative world of Florida Tax Liens and Deeds.

Need Assistance?

Whether you’re a seasoned investor or a first-time buyer, Volusia County’s tax sales offer valuable opportunities. Check our Auction Calendar to stay informed about upcoming tax sales. Have questions or need assistance? Book a call with an expert today for step-by-step guidance. Don’t forget to explore our free resources packed with tips and strategies to maximize your investment potential.

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