Prince Edward County, Virginia Tax Sales: A Buyer’s Guide

Prince Edward County, Virginia, holds tax sales to collect unpaid property taxes. These public auctions give buyers a chance to acquire properties at competitive prices. If you’re considering bidding, here’s what you should know.

How Tax Sales Work in Prince Edward County

The county schedules tax sales when enough properties have delinquent taxes. There is no fixed auction date, so sales are announced when necessary.

• Auction Type: Public tax foreclosure auctions
• Property Eligibility: Properties with unpaid taxes for an extended period
• Where to Find Updates: The county’s website and auction platforms list upcoming sales

Tax Sale Details

Understanding the auction process helps buyers avoid mistakes and prepare properly.

• Auction Location: Most auctions take place at the Prince Edward County Courthouse, though some may be online
• Auction Timing: Start times vary, but past auctions have begun at 12:30 p.m. ET
• Registration: Bidders must register and receive approval before the auction begins
• Redemption Period: Property owners can reclaim their property by paying all back taxes, penalties, and fees before the auction. After the sale, they lose this right

Bidding and Payment Process

Winning bidders must complete payments within a specific timeframe to secure their purchase.

1. Bidding Process – The property goes to the highest bidder.
2. Deposit Requirement – A deposit is required, as stated in the auction terms.
3. Buyer’s Premium – An additional fee is added to the final bid.
4. Final Payment – The balance must be paid within the specified timeframe.
5. Payment Methods – Accepted methods include certified funds, cashier’s checks, money orders, or wire transfers. The county does not accept cash or personal checks.

Where to Find Tax Sale Updates

Keeping up with tax sale announcements ensures you never miss an opportunity.

• Prince Edward County Treasurer’s Office Website – Visit PrinceEdwardVA.gov for official auction details.
• Auction Platforms – Many sales are listed on For Sale At Auction.

Contact Information for Tax Sales

If you have questions about the process, reach out to:

• Prince Edward County Treasurer’s Office
• Address: 124 N. Main Street, 2nd Floor, Farmville, VA 23901
• Phone: 434-392-3454
• Email: [email protected]

Smart Bidding Tips

To make the most of tax sales in Prince Edward County, follow these strategies:

• Farmettes often show up in this county—confirm acreage before assuming it’s all usable.
• Research school district lines—families often factor this into value.
• Look into tax history; some properties bounce on and off the list multiple times.

Need a Hand?

Prince Edward County properties are listed in our Auction calendar. We’ve got free resources to help guide your steps. Still got questions? Book a call with one of our experienced experts.

Sign up or log in to view the full content.