Don’t Miss These Hidden Deals in Botetourt County Property Auctions

If you’re looking for real estate deals in Virginia, Botetourt County might be a great place to start. With properties often selling for 30–60% below market value, public tax auctions here give you a chance to buy real estate at a deep discount.

Tax sales in Botetourt County don’t happen on a fixed schedule. They’re held only when enough tax-delinquent properties are ready, usually at Greenfield Auditorium in Daleville or online through Dudley Resources.

Before we break down the county process, here’s a quick look at how tax deed investing works in Virginia overall.

Brief Overview of Virginia’s Tax Deed Investing

Virginia is a tax deed state, which means you’re buying the actual property, not just the debt. Once you win the auction and the court confirms the sale, the property becomes yours—no redemption period in most cases.

This setup gives investors faster access to ownership compared to states where you’d have to wait months or even years for the lien to expire.

Important Details: Botetourt County Tax Deed Sales

Detail	Information
Sale Type	Tax Deed (Judicial & Non-Judicial)
Typical Sale Date	Varies by available properties
Redemption Period	None
Interest Rate	Not applicable
Bid Method	Premium bid (highest wins)
Deposit Requirement	25% of bid or $1,000 (whichever is higher), max $20,000
Buyer’s Premium	10% (minimum $150)
Payment Methods	Certified funds, check, money order, or wire. No cash.
Auction Locations	Greenfield Auditorium or Online at Dudley Resources
Auction Info	Tax Sale Information
County Website	Botetourt County
Treasurer’s Office	Botetourt Treasurer

Fun Facts About Virginia

• Virginia’s population is around 8.7 million.
• Fincastle, Botetourt’s county seat, has homes dating back to the 1700s.
• Buchanan is home to a movie theater built in 1919 that still operates today.
• Virginia does not offer a redemption period after tax deed sales.
• The Appalachian Trail crosses through Botetourt County.

Attractions and Economic Highlights

Popular Attractions

• Historic towns like Fincastle and Buchanan
• Outdoor activities on the Upper James River Water Trail
• Local wineries on the Botetourt Wine Trail

Transportation Infrastructure

• Quick access to I-81
• Close to Roanoke (about 30 miles)
• Served by regional airports and Amtrak stations nearby

Economic Development

• Growth in manufacturing, agriculture, and logistics
• Strong demand for housing near Roanoke
• Popular for tourism and outdoor recreation

Community Appeal

• Peaceful small-town living
• Affordable real estate compared to nearby cities
• Hiking, kayaking, and wine tasting within the same county

Why Virginia Is a Good Place for Tax Deed Investors

High Returns with Lower Risk

Because you’re buying the actual deed, there’s no waiting. You could pick up a house or land and sell or rent it right away after court confirmation. That’s why people love Virginia’s low-risk investment opportunities.

Auction Process for Tax Deed Sales

The Botetourt County auction follows a premium bid format. Here’s how it works:

1. Register before the auction (required)
2. Attend in person at Greenfield Auditorium or bid online
3. Make a deposit (25% of bid or $1,000 minimum)
4. Pay a 10% buyer’s premium (at least $150)
5. Final payment is due within 15 days of court approval
6. No financing allowed—you need to pay in full

Maximum Potential Returns

Since many properties sell well below market value, your resale or rental profit can be significant. Some investors see returns over 30% depending on location and condition.

Open to All Investors

Anyone can invest—there are no residency restrictions. Foreign investors are welcome too.

Understanding the Virginia Tax Sale Process

Step-by-Step Auction Guide

1. Review available properties at taxva.com
2. Perform your own title search and site check
3. Register to bid at Dudley Resources
4. Bid during the auction
5. Submit payment as required
6. Wait for court confirmation
7. Take title via Special Warranty Deed

Expected Returns

Returns depend on how low you buy and what you plan to do—rent, flip, or hold. With smart planning, 30–60% below market deals are possible.

International Investment

There are no barriers for foreign investor participation. Just follow the rules and meet the payment deadlines.

Importance of Due Diligence

What You Need to Do

• Inspect the property or the area
• Run a title search
• Check for liens, right-of-way issues, or zoning restrictions

What Happens If You Don’t

• You could end up with land you can’t use or access
• Unknown legal issues might cost more than the property is worth
• You risk buying a bad deal

Buying Over-the-Counter (OTC) Deeds in Virginia

How It Works

If a property doesn’t sell at auction, it may be available OTC. You can:

• Contact the Treasurer’s Office or Taxing Authority Consulting Services
• Buy the deed directly, no bidding required

Why It’s Worth It

• No competition
• Fixed price
• Same ownership process

Why Botetourt and Virginia Are Top Choices for Investors

• Low competition vs. larger counties
• Historic homes and affordable land
• Clear auction process with no hidden surprises
• Great for first-time and long-term investors

Conclusion: The Investment Potential in Botetourt

Botetourt County offers great value for real estate investors. If you’re ready to buy property without the usual hassle, this area might be perfect for you. Just remember to do your research and follow all auction terms.

Pro Tips

• Avoid cash offers—they’re not accepted.
• Do a title search before bidding.
• If you’re unsure, watch a few auctions first before jumping in.
• Look for properties with road access and utilities.

FAQs: Botetourt County Tax Deed Sales

Can anyone bid?
Yes, local and foreign investors are welcome.

How do I get the property list?
Check taxva.com or Dudley Resources.

Can I use financing?
No, full payment is required with certified funds.

What happens if I don’t pay on time?
You lose your deposit and may face legal action.

Will I get a clear title?
Properties are sold via Special Warranty Deed, which may still need legal clearing before title insurance.

Useful Links

• Botetourt County Tax Sale Info
• Dudley Resources Auction Site
• Treasurer’s Office
• Botetourt County Website
• Learn How to Profit from Virginia Real Estate Auctions 
• Let’s talk about Tax Deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 

Don’t Miss Your Investment Opportunity

Tax-sale properties in Botetourt County are up for grabs! Find them on our auction calendar. Need advice? Book a call with an expert. Need guidance? Our free resources and expert calls can help you take the right steps. Don’t sit on the sidelines—take action now!

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