Wythe County, Virginia Tax Sales: A Simple Guide for Investors
Investing in tax-delinquent properties in Wythe County, Virginia, can be a great opportunity. But before you bid, you need to understand how the process works. This guide covers everything from auction schedules to bidding rules so you can participate with confidence.
Wythe County holds tax sales when property owners fail to pay their taxes. The county auctions these properties to recover unpaid amounts.
Auction Date & Time: Check the Auction Calendar for scheduled sales. Tax sales typically take place as needed, with dates announced in advance.
Auction Location: Most sales happen at the Wytheville Meeting Center, 333 Community Boulevard, Wytheville, VA 24382.
Registration: All bidders must register before the auction date.
Redemption Period: Property owners can reclaim their property by paying all overdue taxes, penalties, and fees before the sale.
Bidding and Payment Requirements
Before bidding, follow these key rules:
Deposit & Buyer’s Premium: Winning bidders must pay 25% of the sale price or $1,000 (whichever is greater). A 10% buyer’s premium is added to the final bid.
Final Payment: The full payment must be made within the period stated in the auction terms.
Property Condition: All properties are sold as-is, with no warranties. Always research before bidding.
Wythe County’s tax-sale listings are waiting for you! Explore them on our auction calendar and learn from our free resources. Need advice? Book a call with an expert. Need advice? An expert is just a call away.
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Lien Sales Annually Oct – Nov. Deed Sales Are Held on a Needed Basis and Only on Properties That Were Not Sold at Lien Sale and Were Held by the County for 18 Months
10% Penalty if Redeemed in 1st 6 Months, 15% Penalty if Redeemed in Months 6-12, but Only on the Taxes and Fees Not the Overbid. Overbid Amount Receives 5% Interest.
Redemption Period:
1 Year if Sold at County Sale, Liens Not Sold at County Sale Are Certified to Commissioner and Sold in “Commissioner’s Certificate Sale” With 120 Day Redemption Period
Online Auction:
Yes
Over the Counter:
No but There Is a Second Auction Called a Commissioners Certificate Auction With a Shorter Redemption Period of 120 Days
25% Penalty Per 6 Months for Non Homestead or Special Land Use Properties. If 2 Yr Redemption Period Applies 25% for 1st Year and 50% Penalty for 2nd Year
Redemption Period:
6 Months for Most Properties. 2 Years for Homestead and Special Land Use Properties
Online Auction:
The Vast Majority No, but in 2019, Two Counties (Victoria & Orange)
“Upset Sale” First With Premium Bidding Which Does Not Extinguish Other Liens, Followed by “Judicial Sale” Where All Liens With the Exception of Irs Liens Are Extinguished
Frequency:
Annually Throughout the Year. Upset Sales Typically Held in the Fall. Judicial Sale Typically in the Spring but Could Be Anytime After the Upset Sale.
Interest Rate / Penalty:
N/A
Redemption Period:
N/A
Online Auction:
Very Few
Over the Counter:
Yes Through “Repository” List With County Acceptance
Wythe County
Wythe County, Virginia Tax Sales: A Simple Guide for Investors
Investing in tax-delinquent properties in Wythe County, Virginia, can be a great opportunity. But before you bid, you need to understand how the process works. This guide covers everything from auction schedules to bidding rules so you can participate with confidence.
How Tax Sales Work in Wythe County
Wythe County holds tax sales when property owners fail to pay their taxes. The county auctions these properties to recover unpaid amounts.
Bidding and Payment Requirements
Before bidding, follow these key rules:
Who to Contact for Auction Details
For tax sale questions, reach out to:
Taxing Authority Consulting Services, PC (TACS)
Wythe County Treasurer’s Office
Get Ahead in Tax Sale Investing
Useful Links
Don’t Miss Your Investment Opportunity!
Wythe County’s tax-sale listings are waiting for you! Explore them on our auction calendar and learn from our free resources. Need advice? Book a call with an expert. Need advice? An expert is just a call away.
Sign up or log in to view the full content.
Join Us
Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.