How Roanoke County Conducts Tax Sales: A Simple Guide

Introduction

Roanoke County, Virginia, holds tax sales to recover unpaid property taxes by auctioning off tax-delinquent properties. These sales offer buyers a chance to purchase real estate at competitive prices. Unlike traditional sales, tax auctions follow strict legal procedures.

Auction dates change, so always check the Auction Calendar for scheduled auctions.

How the Tax Sale Process Works

Identifying Properties for Sale

• The Treasurer’s Office tracks properties with unpaid real estate taxes.
• If owners fail to pay after multiple notices, the county starts the legal process.
• County attorneys ensure the sale meets all legal requirements.

Auction Scheduling and Public Notice

• Roanoke County schedules tax sales based on available properties.
• The county announces tax sales on its official website and in local newspapers.
• Public notices list property details, auction dates, and participation rules.

In-Person Auction Format

• Roanoke County holds tax sales at the Roanoke County Administration Center.
• Buyers must attend in person to place bids.
• The highest bidder wins, but the Circuit Court must confirm the sale before ownership transfers.

How to Register and Bid

Registering for the Auction

• Buyers must arrive early to register before bidding starts.
• Registration requires identification and contact information.
• Some sales may require proof of funds to participate.

Bidding Process

• The auctioneer presents each property one at a time.
• Bidders compete until the highest offer is reached.
• The county may require a minimum bid based on unpaid taxes or property value.

Auction Rules and Buyer Responsibilities

• Buyers must understand the as-is nature of tax sale properties.
• Some properties may be removed from the auction if owners pay their taxes before the sale.
• Buyers must check the terms of sale before bidding.

Payment and Closing

Deposit and Payment Deadlines

• Winning bidders must pay a deposit immediately after the auction.
• The remaining balance must be paid by the deadline in the auction rules.
• Payments must be made via cashier’s check, certified check, or money order.

Court Approval and Deed Transfer

• The Circuit Court reviews and confirms the tax sale.
• If the court rejects the sale, the county refunds the winning bidder’s payment.
• Once approved, the county issues a Special Warranty Deed to the buyer.

Finalizing Ownership

• Buyers must record the deed with the county and cover recording fees.
• The new owner becomes responsible for future property taxes.
• Any remaining liens or restrictions stay with the property.

Due Diligence and Property Research

Understanding Property Conditions

• All properties sell “as-is, where-is, and if-is.”
• The county does not guarantee clear title or access to the property.

Checking Public Records

• Buyers should research tax history, property maps, and ownership details.
• Conducting a title search helps uncover unpaid liens or legal issues.

Visiting the Property

• Some properties may still be occupied.
• The buyer must follow legal eviction procedures if necessary.
• Roanoke County does not allow interior inspections before the auction.

Additional Auction Details

Upcoming Sales and Notifications

• Roanoke County posts tax sale dates and property lists online.
• Buyers can sign up for email alerts about future auctions.

Legal Considerations

• The Circuit Court must approve all tax sales before ownership transfers.
• Some properties may be removed if owners pay their tax debt before the sale.

Post-Auction Buyer Responsibilities

• Buyers must secure financing before bidding, as full payment is required quickly.
• If a buyer fails to pay the balance, they lose their deposit and may be banned from future 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! 

Roanoke County holds tax sales through in-person public auctions. Buyers must register, bid competitively, and complete payment on time to finalize their purchase. Since all properties sell as-is, thorough research before bidding is essential.

Stay updated on future sales—check the Auction Calendar for scheduled auctions.

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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