Inside Roanoke’s Tax Sale System: A Local Investor’s Starting Point

Looking to grow your investments with something a little different? Buying tax deed properties in Roanoke City, Virginia might be just what you’re looking for. With public auctions, low entry points, and the chance for steady returns, Roanoke offers real opportunities for smart investors who are ready to do their homework.

Overview of Virginia’s Tax Deed System

Virginia is a tax deed state, which means when property owners stop paying taxes, the city or county can sell the property—not just a lien. It’s a faster path to full ownership, but you’ll want to be prepared. These properties are sold as-is and may require some extra work after purchase.

Key Details for Roanoke City Tax Sales

Detail	Information
Tax Sale Type	Tax Deed
Sale Format	Judicial and Non-Judicial
Typical Sale Date	Varies (Check the Roanoke Tax Sale Page)
Redemption Period	Up to the day before sale
Interest Rate	Not applicable (not a lien)
Bid Method	Premium bid (highest bidder wins)
Deposit	25% of sale price, or $500 (unimproved) / $1,000 (improved), whichever is more
Bidder Requirements	No code violations or unpaid city taxes
Auction Location	Fitzpatrick Hall, Jefferson Center, 541 Luck Ave, Roanoke, VA 24016
Contact	Roanoke Treasurer’s Office

The full Terms of Sale explain everything from payments to legal procedures. Make sure to review them before bidding.

Fun Facts About Virginia

• Virginia has over 8.6 million people and was one of the original 13 colonies.
• Roanoke City is independent from Roanoke County, which is a unique setup in Virginia.
• Virginia only allows tax deed sales—not tax lien certificates.
• Property tax laws in Virginia date back to the colonial era.

Local Highlights and Economic Overview

Attractions
Roanoke is known for its mountain views, the Blue Ridge Parkway, the Roanoke Star, and outdoor recreation spots. There are also art galleries, history museums, and walking trails throughout the city.

Transportation
The area is served by Interstate 81, an Amtrak station, and Roanoke-Blacksburg Regional Airport.

Economy
Roanoke’s economy is based on health care, education, tech startups, and outdoor tourism. It’s also a growing hub for remote work and small businesses.

Lifestyle
With a strong community feel and access to hiking, biking, and events, Roanoke offers a good quality of life and a stable rental market.

How the Tax Deed Auction Works in Roanoke

1. Review available properties on the Roanoke Tax Sale Info Page.
2. Make sure you qualify to bid—no delinquent taxes or active code violations.
3. Attend the auction at Fitzpatrick Hall or as announced.
4. The highest bidder must pay a deposit: 25% or a minimum of $500/$1,000.
5. The rest of the money is due within 5 business days.
6. For judicial sales, the court must confirm the sale before you receive the deed.

Properties are sold as-is. No warranties are given. You’ll need to inspect, research, and plan for any repairs or legal steps needed after the sale.

Can You Buy Over-the-Counter Properties?

Yes, in some cases. Properties that didn’t sell at auction may be available later directly through the city. This is known as buying over-the-counter (OTC). There’s usually no bidding involved, and the process is more straightforward. Check with the City Treasurer’s Office for current listings.

Pro Tips for New Investors

• Always visit the property from the street beforehand.
• Do a title search or work with a title company.
• Bring certified funds—no personal checks allowed.
• Read the full Terms of Sale.
• Understand that some properties may be occupied.

Frequently Asked Questions

Can out-of-state investors participate?
Yes. As long as you meet the city’s qualifications, you can bid.

Is financing allowed?
No. You must pay using cash or certified funds.

Do I get a clear title?
Judicial sales come with a Special Warranty Deed, free of liens. Non-judicial properties may have third-party liens, so check the title before bidding.

What if someone is still living in the house?
You are responsible for handling any legal eviction process after the sale is confirmed.

Useful Links

• Roanoke Tax Sale Page
• Tax Sale Process Overview
• Terms of Sale Details
• Roanoke City Website
• Roanoke Treasurer’s Office
• 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! 

Call to Action

Visit our auction calendar today and explore available properties. If you need help, book a call us or browse our free resources for valuable investment tips.

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