Grayson County, Virginia Tax Sales: Simple Step-by-Step Guide for New Buyers
Grayson County, Virginia holds public tax sales when property owners don’t pay their real estate taxes. These auctions help the county collect back taxes while giving buyers a chance to purchase property at competitive prices. If you’re looking to get started in tax sale investing, this guide will walk you through how things work in Grayson County.
Get ahead in Grayson County by reviewing listings on our Auction calendar. Our free resources give you clarity on what to expect, and you can always book a call with an expert to plan your approach.
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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
Grayson County
Grayson County, Virginia Tax Sales: Simple Step-by-Step Guide for New Buyers
Grayson County, Virginia holds public tax sales when property owners don’t pay their real estate taxes. These auctions help the county collect back taxes while giving buyers a chance to purchase property at competitive prices. If you’re looking to get started in tax sale investing, this guide will walk you through how things work in Grayson County.
When Tax Sales Happen in Grayson County
The county schedules auctions only when enough properties qualify. There’s no fixed annual date.
Time and Format of the Auction
Auction times and formats can vary—some are in-person, others are online or simulcast.
Registration Process
You must register before the auction to place a bid.
Can the Property Still Be Redeemed?
Yes, but only before the auction date.
Bidding Rules and Payment Terms
Make sure you know what’s expected when you win a bid.
Where to Get Updates and Property Info
Stay current with listings and upcoming auction announcements:
Contact for More Info
If you have any questions, reach out to:
Tips to Succeed at a Grayson County Tax Sale
Use these quick tips to avoid mistakes and make smarter decisions:
Useful links
Need A Hand
Get ahead in Grayson County by reviewing listings on our Auction calendar. Our free resources give you clarity on what to expect, and you can always book a call with an expert to plan your approach.
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.