New Kent County, Virginia Tax Sales: A Simple Guide for Investors

Buying tax-delinquent properties in New Kent County, Virginia, can be a great investment. But before you bid, you need to understand the process. This guide covers auction schedules, bidding rules, and payment details so you can participate with confidence.

How Tax Sales Work in New Kent County

New Kent County auctions off properties when owners fail to pay their taxes. The county uses these sales to recover unpaid amounts while giving investors a chance to purchase properties.

• Auction Date & Time: Check the Auction Calendar for scheduled sales. Tax sales happen as needed, with official announcements made in advance.
• Auction Location: The sale venue is listed in the official sale notice.
• Registration: All bidders must register before the auction date.
• Redemption Period: Property owners can settle their debts and reclaim their property any time before the sale.

Bidding and Payment Requirements

Before bidding, understand these key requirements:

1. Deposit & Buyer’s Premium: Winning bidders must pay 25% of the sale price or $1,000 (whichever is greater). A 10% buyer’s premium is also added to the final bid amount.
2. Final Payment: The remaining balance must be paid within 15 days of court confirmation.
3. Property Condition: All properties are sold as-is, with no warranties. Always research before bidding.
4. Title & Recording Costs: Buyers are responsible for title search and recording fees. Properties are transferred via Special Warranty Deed.

Who to Contact for Auction Details

For tax sale questions, reach out to:

Taxing Authority Consulting Services (TACS)

• Email: [email protected]
• Phone: (804) 548-4429
• Mailing Address: P.O. Box 31800, Henrico, VA 23294-1800

New Kent County Treasurer’s Office

• Phone: (804) 966-9615
• Office Address: P.O. Box 109, 12007 Courthouse Circle, New Kent, VA 23124

Get Ahead in Tax Sale Investing

• Review Historical Preservation Rules: Be aware of any restrictions related to preserving historical sites or structures.​
  
• Assess Community Growth Trends: Analyze population growth and development trends in New Kent County.​
  
• Prepare for Competitive Bidding: Develop a clear bidding strategy to avoid overpaying during auctions.

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!

Tax sale properties in New Kent County are up for grabs! Check our auction calendar for details. Need advice? Book a call with an expert. Get a head start with our free resources, or speak with an expert for personalized advice.

Sign up or log in to view the full content.