Accomack County Tax Deeds: A Real Estate Opportunity You Shouldn’t Miss

If you’re searching for real estate investment deals in Virginia, Accomack County tax sales are worth a serious look. These sales give you the chance to purchase tax-delinquent properties—sometimes for far less than market value. With the right information and preparation, this could be a smart way to grow your real estate portfolio.

Let’s walk through how it works and what makes Accomack County a strong pick for tax deed investing.

Brief Overview of Virginia’s Tax Deed Investing

In Virginia, tax sales follow a tax deed system. That means when a property owner fails to pay their taxes, the county can sell the actual deed to the property at auction. The winning bidder becomes the new owner after a short redemption period, if the owner doesn’t pay the taxes owed in time.

Accomack County, located on Virginia’s Eastern Shore, follows these rules—making it a good option for buyers looking for real ownership, not just liens.

Important Tax Sale Details for Accomack County

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Sale DateThird or fourth week of May (varies by year)
Redemption Period30 days after the sale
Interest RateNot applicable (because it’s a deed sale)
Bid ProcedurePremium bid (property goes to the highest bidder)
Deposit RequiredYes, payable immediately after winning the bid
Auction FormatIn-person at the Accomack County Courthouse
Registration NeededYes, prior to auction day
Payment MethodsCash, cashier’s check, money order, wire transfer
Buyer’s PremiumMay apply—check specific auction listings
Property Sold As-IsYes—buyer responsible for all due diligence
Auction ListingsOfficial Auction Site
Tax Office ContactTreasurer Dana Bundick, (757) 787-5738

What Makes Virginia—and Accomack County—Stand Out?

Virginia offers real ownership through tax deed sales. That means you’re not just buying a claim on the taxes—you’re buying the actual property (if not redeemed in time). Accomack County is especially attractive because of:

  • Affordable starting prices
  • Low competition compared to major cities
  • Opportunities in both rural and coastal areas
  • Quick 30-day redemption period

This makes the county an appealing choice for both new and experienced investors.

Fun Facts About Virginia

  • Population: Over 8.6 million residents
  • State Capital: Richmond
  • History: Virginia was home to the first English settlement in 1607 (Jamestown)
  • Property Tax: Lower than the national average
  • Only Tax Deed Sales: No tax lien sales in Virginia

Attractions and Economic Highlights in Accomack County

Popular Attractions

  • Assateague Island National Seashore
  • Chincoteague Island and wild pony tours
  • Colonial-era historic towns

Transportation Infrastructure

  • U.S. Route 13 connects the county to other areas
  • Regional airports for general aviation
  • Close to Maryland and Delaware

Economic Development

  • Agriculture (poultry, grains, vegetables)
  • Aquaculture and seafood industry
  • Growing tourism industry

Community Appeal

  • Quiet coastal living
  • Outdoor recreation and beach access
  • Nature reserves and eco-tourism
Accomack County Courthouse Virginia

Why Virginia is a Smart Pick for Tax Deed Investors

Virginia’s stable property laws, short redemption period, and real deed transfer process make it friendly for investors. Accomack County stands out even more thanks to its lower costs and rural development flexibility.

High Returns with Low Risk

Buying properties through tax deed sales in Virginia can mean high returns with low risk, especially compared to traditional investing. Since you’re getting full ownership of the property, not just a lien, there’s less uncertainty after the short redemption window.

Understanding the Auction Process in Accomack County

  1. Check upcoming sales on the auction site
  2. Register ahead of the auction date
  3. Attend the auction in person at the courthouse
  4. Place your bid—highest bidder wins
  5. Pay the deposit the same day
  6. Wait 30 days for redemption; if the owner doesn’t pay, the deed transfers to you

Expected Returns on Virginia Tax Deeds

Returns can come from:

  • Buying property under market value
  • Flipping the property for a profit
  • Renting or leasing
  • Holding for appreciation

Each of these depends on your investment strategy and due diligence.

Foreign Investor Participation

Virginia allows foreign investors to join in tax deed auctions with no special restrictions. This makes it a popular place for international buyers seeking global investment opportunities.

The Importance of Due Diligence

Make sure to check:

  • Title issues
  • Property access
  • Zoning laws
  • Coastal or flood zone status
  • Any code violations

Without proper due diligence, you might buy a property that comes with costly problems.

Buying Over-the-Counter (OTC) in Virginia

If properties don’t sell at auction, they may be available over-the-counter.

How to Buy:

Benefits of OTC:

  • Fixed price
  • Less competition
  • Simpler process

Why Accomack County is a Top Choice

Economic and Tax Advantages

  • Lower property taxes
  • Less red tape
  • Open to creative land uses

Real Estate Market Overview

  • More affordable than other Virginia counties
  • Growing coastal interest (vacation homes, rentals)
  • Large tracts of land ideal for agriculture or development

Pro Tips

  • Always visit or research the property before bidding
  • Work with a local attorney or title company
  • Check the auction listings regularly
  • Ask questions at the Treasurer’s Office before you bid

FAQs

Q: Can anyone attend the auction?
A: Yes, including out-of-state and international buyers.

Q: Do I get the property right away?
A: Only after the 30-day redemption period ends.

Q: Can I inspect the property before bidding?
A: Most properties are sold “as-is” and may not be available for inspection.

Q: Is financing available?
A: No. You must pay with cash, wire transfer, or certified funds.

Useful Links

Don’t Miss Your Investment Opportunity!

Great opportunities are waiting in Accomack County! Browse our auction calendar to see what’s available.Need advice? Book a call with an expert. Get the knowledge you need with our free resources, or schedule a call with an expert for tailored advice.

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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.

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