King George County, Virginia Tax Sales: A Simple Guide for Investors
Investing in tax-delinquent properties in King George County, Virginia, can be a great opportunity. But before you place a bid, you need to understand the process. This guide explains auction schedules, bidding rules, and payment requirements so you can participate with confidence.
King George County holds tax sales as needed, with dates announced in advance.
Auction Time: Most auctions take place at 11:00 a.m. Eastern Time (ET). Always confirm the exact time before attending.
Auction Location: Auctions are usually held at the King George County Board Room, 10459 Courthouse Drive, Suite 105, King George, VA 22485. Some sales may also take place online.
Redemption Period: Property owners can stop the sale by paying all overdue taxes, penalties, and fees before the auction begins.
Bidding and Payment Requirements
If you’re planning to bid, follow these key rules:
Registration: You must register before the auction. Registration starts when the sale is announced and stays open until the auction date. Register early to avoid last-minute issues.
Deposit & Buyer’s Premium: The highest bidder must deposit 10% of the total sales price by cash or check. This amount is credited toward the purchase at closing. A 10% buyer’s premium is also added to the final bid amount.
Final Payment: The remaining balance must be paid in certified funds to the Clerk of the King George County Circuit Court within 15 days after court confirmation.
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 Sands Anderson PC:
Phone: (540) 373-2504
Address: 725 Jackson Street, Suite 217, Fredericksburg, VA 22401
Tax-sale properties in King George County are waiting! Visit our auction calendar to check upcoming sales.Need advice? Book a call with an expert. Need help? Our free resources and expert advice can help you navigate the process.
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.
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
King George County
King George County, Virginia Tax Sales: A Simple Guide for Investors
Investing in tax-delinquent properties in King George County, Virginia, can be a great opportunity. But before you place a bid, you need to understand the process. This guide explains auction schedules, bidding rules, and payment requirements so you can participate with confidence.
How Tax Sales Work in King George County
King George County holds tax sales as needed, with dates announced in advance.
Bidding and Payment Requirements
If you’re planning to bid, follow these key rules:
Who to Contact for Auction Details
For tax sale questions, reach out to Sands Anderson PC:
Where to Find Tax Sale Updates
Stay informed about upcoming auctions by checking these sources:
Get Ahead in Tax Sale Investing
Useful Links
Don’t Miss Your Investment Opportunity!
Tax-sale properties in King George County are waiting! Visit our auction calendar to check upcoming sales.Need advice? Book a call with an expert. Need help? Our free resources and expert advice can help you navigate the process.
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.