Everything You Should Know About Buying Tax Deeds in James City County

If you’re looking for investment opportunities in Virginia, James City County is a strong option thanks to its tax deed sales. These auctions give buyers the chance to pick up real estate where back taxes haven’t been paid. It can be a solid way to get into property ownership—if you do your homework.

Brief Overview of Virginia’s Tax Deed Investing

Virginia is a tax deed state, which means you’re buying full ownership of the property—not just a lien. There’s no redemption period after the sale, so once the court approves the transaction, the property is yours.

These sales are appealing because they can offer high returns with less competition compared to traditional real estate markets. But remember—properties are sold as-is, and you need to investigate before bidding.

Important Tax Sale Details for James City County

Here’s a quick look at the main points you should know:

Detail	Information
Tax Sale Type	Tax Deed Sale
Sale Method	Premium Bid
Typical Sale Date	Varies – check TaxVA or For Sale At Auction
Redemption Period	None
Deposit Required	25% or $1,000 (whichever is higher), plus 10% buyer’s premium
Final Payment Due	Within 15 days of court approval
Auction Location	James City County Board Room, 101 Mounts Bay Rd, Building F, Williamsburg, VA 23185
Online Bidding	Available at For Sale At Auction
County Website	James City County
Contact Info	TaxVA / (804) 293-8608

Fun Facts About Virginia

• Virginia’s Population: Over 8.6 million people live in the state. James City County has about 72,500 residents.
• Homeownership in the County: Around 68% of housing units are owner-occupied, and most are single-family homes.
• Vacancy Rates: About 7% to 11% of homes are vacant, mostly due to turnover rather than abandonment.
• Housing Breakdown: Roughly 65% of homes are single-family detached, while 10% are mobile homes and 7% are townhomes.

For more housing statistics, visit James City County Housing Overview.

Attractions and Economic Highlights

Popular Attractions

In and around James City County, you’ll find:

• Historical destinations like Colonial Williamsburg
• Parks, rivers, and outdoor recreation
• Wineries, golf courses, and local museums

Transportation Infrastructure

• Roads: Interstate 64 runs nearby for easy access.
• Airports: Newport News/Williamsburg International Airport is the closest.
• Rail Service: Amtrak service is available in Williamsburg.

Economic Development

Virginia has strong sectors in:

• Health care and education
• Tourism and government services
• Small business and local retail

Community Appeal

James City County blends suburban comfort with access to nature, making it attractive for residents and investors alike.

Why Virginia is Ideal for Tax Deed Investors

Virginia’s tax deed system allows for quick ownership after sale approval. This helps avoid long redemption periods and gives you faster control of the property.

High Returns with Low Risk

Because these properties are often sold at below-market prices, you can see high returns—especially if the home is in a good area or can be easily renovated or rented out.

Auction Process for Tax Deed Sales

The county uses a premium bid system. Here’s how it works:

• Bidders compete to offer the highest price.
• The winner pays a 25% deposit or $1,000 minimum, plus a 10% buyer’s premium.
• The rest is due within 15 days after court approval.

Auctions are held both in person and online. You can register and bid at For Sale At Auction.

Maximum Potential Returns

Returns vary depending on the property, your renovation costs, and market demand. But some investors make a good profit flipping or renting these properties.

Open to All Investors

You don’t have to live in Virginia—or even in the U.S.—to take part. The auctions are open to foreign investors, making this a great global investment opportunity.

Understanding the Tax Sale Process in James City County

Here’s a simple step-by-step guide:

1. Visit TaxVA or For Sale At Auction for auction listings.
2. Do your own research on each property.
3. Register for the auction online or attend in person.
4. Bid on the property.
5. If you win, pay your deposit and premium right away.
6. Wait for court approval.
7. Pay the balance within 15 days.
8. Receive your Special Warranty Deed.

Expected Returns on Tax Deed Certificates

While returns depend on your strategy, investors often profit by:

• Selling the property
• Renting it out
• Holding it long term in a growing area

Foreign Investor Participation

Foreign buyers are welcome at these auctions. You just need to register and follow the same process. James City County does not require residency or citizenship to bid.

Importance of Due Diligence in Virginia Tax Deed Investing

What Due Diligence Means

Before bidding, you should:

• Inspect the property (from the outside at least)
• Do a title search
• Check zoning rules and road access
• Understand property condition and market value

Risks of Skipping Research

If you don’t do your research, you might end up with:

• A landlocked lot
• A house needing major repairs
• Outstanding liens not covered by the tax sale

Buying Over-the-Counter (OTC) Tax Deeds

Sometimes, properties that don’t sell at auction become available over the counter.

How to Buy OTC Properties

• Contact TaxVA
• Request a list of available properties
• Follow instructions for submitting a purchase offer

Benefits of OTC Sales

• No competition from bidding
• Fixed prices
• Time to research before purchasing

Why James City County is a Top Pick

Economic and Tax Advantages

• Stable local economy
• Low property tax rates
• Growth in tourism and housing

Real Estate Market Overview

• High demand for single-family homes
• Limited rental inventory
• Many homes are well-maintained and in suburban areas

Conclusion

James City County offers solid opportunities for real estate investors through its tax deed sales. With no redemption period and full ownership after court approval, it’s a more direct way to invest in property.

Just make sure you do your research, understand the terms, and go in prepared.

Pro Tips

• Always review the auction terms and sale details ahead of time.
• Do a full title check before bidding.
• Avoid properties without access roads or clear boundaries.
• Contact TaxVA if you have questions about bidding or payment.

FAQs About James City County Tax Deed Sales

Q: Can anyone bid in the auction?
Yes, the auction is open to both U.S. and foreign investors.

Q: Do I need to attend in person?
No. You can bid online through For Sale At Auction.

Q: Is financing allowed?
No. You must pay with your own funds. Financing is not accepted.

Q: What kind of deed do I receive?
You get a Special Warranty Deed after the sale is approved by the court.

Q: What if the court doesn’t approve the sale?
Your deposit is refunded and the sale is voided.

Useful Links

• James City County Tax Sale Info
• James City Treasurer’s Office
• James City County Government
• Auction Listings – For Sale At Auction
• 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! 

Get Started Today!

Check out our auction calendar to invest in tax sale properties! If you have questions, book a call with us or explore our free resources for helpful tips on making smart investment decisions.

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