Fredericksburg City, Virginia Tax Sales: A Simple Guide for Investors

Investing in tax-delinquent properties in Fredericksburg City, Virginia, can be a great opportunity. But before you bid, you need to know how the process works. This guide explains the auction schedule, bidding rules, and payment details so you can participate with confidence.

How Tax Sales Work in Fredericksburg City

Fredericksburg City holds tax sales as needed, with dates announced in advance.

• Auction Time: The specific time is provided in the sale announcement. Always confirm before participating.
• Auction Location: Most auctions are held online through the auctioneer’s platform. Details are confirmed before each sale.
• Redemption Period: Property owners can stop the sale by paying all overdue taxes, penalties, and fees before the auction starts.

Bidding and Payment Requirements

If you’re planning to bid, follow these key rules:

1. Registration: You must register before the auction. Registration starts when the sale is announced and stays open until the auction date. Early registration is recommended.
2. Deposit & Buyer’s Premium: The highest bidder must pay a deposit of 25% of the purchase price or $1,000 (whichever is higher). A 10% buyer’s premium is also added, with a minimum of $150.
3. Payment Methods: Accepted payments include certified funds, cashier’s check, money order, or wire transfer.
4. Property Condition: All properties are sold as-is, with no warranties. Always research before placing a bid.

Who to Contact for Auction Details

For tax sale questions, reach out to Taxing Authority Consulting Services, PC (TACS):

• Email: [email protected]
• Phone: (804) 612-0629
• Address: P.O. Box 31800, Henrico, Virginia 23294-1800

Where to Find Tax Sale Updates

Stay informed about upcoming auctions by checking these sources:

• Fredericksburg City Treasurer’s Office – Official tax sale listings and notices
• Auction Calendar – Track scheduled sales and key dates

Get Ahead in Tax Sale Investing

• Understand Urban Development Plans: Stay informed about Fredericksburg’s redevelopment initiatives that could influence property values.​
  
• Engage with Community Organizations: Connect with local groups to understand neighborhood dynamics and potential challenges.​

• Secure Proper Insurance: Obtain adequate insurance coverage to protect your investment from unforeseen events.​

Useful Links

• 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!

Looking at tax sales in Fredericksburg City? Our auction calendar has everything you need to get started.Need advice? Book a call with an expert. Take advantage of our free resources, or speak with an expert for personalized guidance.

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