An Overview of Hall County, Georgia’s Redeemable Tax Deed System
Invest smartly with Hall County’s Redeemable Tax Deed System. It offers proven high returns on property investments. Unveil the secrets of the system today and seize the opportunity!
Hall County, Georgia, offers a harmonious blend of outdoor recreation, suburban convenience, and favorable tax benefits, making it an attractive destination for both residents and investors alike.
Why Invest in Hall County, Georgia?
Lower Property Taxes: Hall County has lower property taxes than the national and state averages, which is a financial advantage for investors.
Close to Atlanta: Located near Atlanta, Hall County provides urban amenities and natural beauty, making it convenient for investors to attend city events or travel through the nearby airport.
Quality Healthcare and Education: The County offers top-tier medical services and great educational systems with a range of public, private, and charter schools.
Outdoor Activities: The county offers many outdoor activities like boating, tennis, horseback riding, and hiking, with plenty of parks and green spaces for residents to enjoy.
Investing in Tax Deeds in Hall County, Georgia
Secure Transactions: Tax deed investments involve direct dealings with the county government, ensuring security and trustworthiness.
High-Profit Potential: The potential to earn about 20% returns, significantly higher compared to traditional investment avenues.
Discounted Property Acquisition: Purchase properties at much lower prices than their market value when property taxes go unredeemed.
How Tax Deed Investing Works in Hall County
In Hall County, winning a bid grants you a tax deed, but ownership requires waiting one year. Owners can redeem by paying your bid, post-sale taxes, and a 20% premium for the first year, plus 10% for each following year. If not redeemed, you can file a Notice of Foreclosure to claim ownership.
Auction Site: Commission Meeting Room, 2nd floor of the Hall County Government Center, 2875 Browns Bridge Road, Gainesville.
Pro Tips
Understand the nuances of ‘Ripening of a Tax Deed Title by Prescription.’
A tax deed title becomes fee-simple over four years without foreclosure, starting from its recordation. If the property owner doesn’t redeem the deed, the investor gains full ownership after four years.
FAQs
Q: What is a redeemable tax deed?
A: A redeemable tax deed is a system where the winning bidder receives a tax deed but must wait a year for the property owner to redeem it by paying the back taxes plus a premium.
Q: How often are tax sales held in Hall County?
A: Tax sales are held on the first Tuesday of selected months. Check the official site for exact dates and details.
Q: What happens if the property owner redeems the tax deed?
A: If the owner redeems, they pay your bid, added taxes, and a 20% premium for the first year.
Q: What payment methods are accepted at the auction?
A: Payment must be made in full by 1 PM on the day of the tax sale using certified funds such as cash, cashier’s check, or money order.
Need a Hand?
If you have questions or need expert guidance on tax deed investing, schedule a call with us or explore our free resources HERE. Invest smartly!
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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.
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
Hall County
An Overview of Hall County, Georgia’s Redeemable Tax Deed System
Invest smartly with Hall County’s Redeemable Tax Deed System. It offers proven high returns on property investments. Unveil the secrets of the system today and seize the opportunity!
Hall County, Georgia, offers a harmonious blend of outdoor recreation, suburban convenience, and favorable tax benefits, making it an attractive destination for both residents and investors alike.
Why Invest in Hall County, Georgia?
Investing in Tax Deeds in Hall County, Georgia
Secure Transactions: Tax deed investments involve direct dealings with the county government, ensuring security and trustworthiness.
High-Profit Potential: The potential to earn about 20% returns, significantly higher compared to traditional investment avenues.
Discounted Property Acquisition: Purchase properties at much lower prices than their market value when property taxes go unredeemed.
How Tax Deed Investing Works in Hall County
In Hall County, winning a bid grants you a tax deed, but ownership requires waiting one year. Owners can redeem by paying your bid, post-sale taxes, and a 20% premium for the first year, plus 10% for each following year. If not redeemed, you can file a Notice of Foreclosure to claim ownership.
Important Details for Tax Deed Investing in Hall County
Hall County Tax Deed Information Links:
Tax Sale Information: Hall County Tax Sale
Tax Commissioner: Hall County Tax Commissioner
Hall County Official Site: County Website
Auction Site: Commission Meeting Room, 2nd floor of the Hall County Government Center, 2875 Browns Bridge Road, Gainesville.
Pro Tips
Understand the nuances of ‘Ripening of a Tax Deed Title by Prescription.’
A tax deed title becomes fee-simple over four years without foreclosure, starting from its recordation. If the property owner doesn’t redeem the deed, the investor gains full ownership after four years.
FAQs
Q: What is a redeemable tax deed?
A: A redeemable tax deed is a system where the winning bidder receives a tax deed but must wait a year for the property owner to redeem it by paying the back taxes plus a premium.
Q: How often are tax sales held in Hall County?
A: Tax sales are held on the first Tuesday of selected months. Check the official site for exact dates and details.
Q: What happens if the property owner redeems the tax deed?
A: If the owner redeems, they pay your bid, added taxes, and a 20% premium for the first year.
Q: What payment methods are accepted at the auction?
A: Payment must be made in full by 1 PM on the day of the tax sale using certified funds such as cash, cashier’s check, or money order.
Need a Hand?
If you have questions or need expert guidance on tax deed investing, schedule a call with us or explore our free resources HERE. Invest smartly!
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.