Looking at Floyd County Tax Auctions? Here’s What Smart Investors Are Doing Right

If you’re looking for a solid way to grow your real estate investment portfolio, Floyd County, Georgia offers a great opportunity through tax deed sales. These sales allow investors to purchase properties with unpaid taxes, and if done right, they can lead to strong long-term returns.

This guide covers everything you need to know—from how the process works to helpful tips and links—so you can bid with confidence.

A Quick Look at Georgia’s Tax Deed Sales

Georgia is a tax deed state. That means when you purchase a property at a tax sale, you’re buying a deed—not a lien. You won’t get full ownership right away, but you’ll gain the legal right to eventually take title unless the original owner pays off the debt within a set time frame.

The state offers a 12-month redemption period, and if the original owner redeems the property, you get back your investment plus at least 20% interest.

Important Floyd County Tax Sale Details

Detail	Description
Tax Sale Type	Tax Deed
Auction Frequency	First Tuesday of the month (if properties are available)
Auction Time	10:00 AM Eastern Time
Redemption Period	12 months
Interest Rate on Redemption	Minimum 20%
Bid Procedure	Live, in-person auction. Bidding starts at amount owed. Highest bidder wins.
Deposit Required	Full payment required immediately via certified funds or cashier’s check
Auction Location	Floyd County Courthouse, 3 Government Plaza, Rome, GA 30161
Registration	In-person only, the morning of the auction
More Info	Floyd County Tax Commissioner
Property Listings	Floyd County Tax Sales on GeorgiaTaxSales.com
Legal Notices	Published in the Rome News-Tribune

Fun Facts About Georgia

• Georgia is home to more than 11 million people and is one of the fastest-growing states in the U.S.
• The state requires a 12-month redemption period with a mandatory 20% return on tax deed redemptions.
• Some Georgia counties still handle auctions in person, while others are moving online.

Floyd County Quick Overview

Floyd County is anchored by Rome, Georgia, which has a stable economy and growing housing demand. Here are some highlights:

Economic Drivers:

• Healthcare: Major employers include Atrium Health Floyd and Redmond Regional Medical Center.
• Education: Home to Berry College, Georgia Highlands College, and Shorter University.
• Industry: Mix of manufacturing, logistics, and small business growth.

Attractions:

• Historic Downtown Rome, full of walkable streets, shops, and restaurants
• Etowah and Oostanaula Rivers, offering kayaking, fishing, and scenic views
• Rome Braves Stadium, home to the minor league team

Transportation:

• Accessible via highways US-27, US-411, and GA-53
• About 1.5 hours from Hartsfield-Jackson Atlanta International Airport
• Regional bus routes and limited local public transportation

Why Georgia Is Ideal for Tax Deed Investors

High Returns with Less Risk

One big advantage is Georgia’s 20% minimum interest return if the property is redeemed. That kind of guaranteed return is hard to find in other investments.

Open to All Investors

Floyd County welcomes both U.S. and foreign investors. There are no residency requirements to register or bid.

Auction Process in Floyd County

1. Show up early on auction day to register in person.
2. Bidding begins at the amount of taxes, penalties, and fees owed.
3. The highest bidder wins and must pay immediately with certified funds.
4. You receive a tax deed, but not clear title yet.
5. The previous owner has 12 months to redeem the property.
6. If it isn’t redeemed, you can begin a barment to get full ownership.

Expected Returns on Tax Deed Certificates

If the owner redeems the property, you get your bid amount back plus at least 20% interest. If not, and you move through the legal steps, you can gain full ownership of the property—often at a significant discount to market value.

The Importance of Doing Your Homework

Before you bid, research each property. This includes:

• Checking property condition
• Looking into title status and liens
• Reviewing the location, including flood zones
• Investigating nearby home values and rental demand

Skipping due diligence can lead to buying a property with issues that could eat into your returns.

Buying Over-the-Counter (OTC)

If a property doesn’t sell at the auction, it may be available over-the-counter (OTC).

OTC Benefits:

• No bidding competition
• Fixed interest rates on redemptions
• More time to research before purchasing

Why Floyd County Is a Top Pick

• Affordable prices make it great for new investors.
• Historic neighborhoods near downtown Rome hold their value well.
• Vacant land in rural parts of the county offers long-term growth potential.
• Outdoor access to rivers, trails, and parks increases demand from buyers looking for lifestyle properties.

Conclusion: Is Floyd County Right for You?

If you’re looking for a smart, low-risk investment, Floyd County tax deed sales are worth your attention. With a simple bidding process and strong potential returns, these properties are a great addition to any real estate investment plan.

Just remember—do your research. The best deals come to those who take the time to understand what they’re buying.

Pro Tips

• Focus on homes near downtown Rome—they tend to be more stable in value.
• Watch for flood zones—especially near the Etowah River.
• Cosmetic repairs often lead to strong returns after renovation.
• Always bring a cashier’s check or certified funds to the auction.

Frequently Asked Questions

Can anyone bid at a Floyd County tax sale?
Yes. Both U.S. residents and foreign investors can participate.

Do I get full ownership right away?
No. There’s a 12-month redemption period first.

What happens if the property is redeemed?
You receive your investment back with at least 20% interest.

Can I inspect the property before the sale?
You can look at it from the street, but not go inside.

Where do I find the auction list?
Check the Floyd County Tax Sales page

Useful Links

• Floyd County Tax Commissioner
• Floyd County Government Website
• Unlock Property Deals at a Fraction of the Cost in Georgia
• 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!
• Learn About the 90% Off Georgia Real Estate!!

Need a Hand?

Floyd County offers tax-sale properties that are waiting for the right investor. Visit our Auction Calendar for upcoming sales. Utilize our free resources, and if you need extra help, book a call for expert advice.

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