Russell County, Virginia Tax Sales: A Complete Guide

Russell County, Virginia, holds tax sales to recover unpaid property taxes. These auctions give buyers a chance to acquire properties at competitive prices while helping the county reclaim lost revenue. If you’re interested in participating, here’s everything you need to know.

How Tax Sales Work in Russell County

Russell County schedules tax sales based on the number of properties with unpaid taxes. There’s no fixed date; auctions take place when enough properties qualify.

• Auction Type: Public tax foreclosure auctions
• Property Eligibility: Properties with delinquent taxes for an extended period
• How to Stay Updated: Check the county’s website or tax sale listings for upcoming sales

Tax Sale Details

Understanding how the auction process works can help you prepare.

• Auction Location: Auctions take place at designated locations in Russell County. A recent auction was held at 139 Highland Drive, Lebanon, VA 24266.
• Auction Timing: Most sales start at 10:00 a.m. ET, but times may vary.
• Auction Format: Sales are usually in person, but some may be online.
• Registration: All bidders must register in advance and get approval from the auctioneer.
• Redemption Period: Property owners can reclaim their property before the sale by paying all taxes, fees, and penalties. Once sold, they lose this right.

Bidding and Payment Process

Winning bidders must follow specific rules to complete their purchase.

1. Bidding Process – The property goes to the highest bidder at auction.
2. Deposit Requirement – Winning bidders must pay either 25% of the purchase price or $1,000 (whichever is higher) on auction day.
3. Buyer’s Premium – A 10% fee (minimum $150) is added to the final bid amount.
4. Final Payment – The remaining balance and recording costs must be paid within 15 days after court confirmation.
5. Payment Methods:
   • In-Person Bidders: Can pay the deposit using personal checks, cashier’s checks, or money orders.
   • Online Bidders: Must submit deposits within seven days using certified funds, cashier’s checks, money orders, or wire transfers.

Where to Find Tax Sale Updates

Staying informed about upcoming tax sales helps you plan better.

• Russell County Tax Sale Listings – Check TaxVA.com for official auction dates and property listings.
• TACS Sale Website – Visit TACSSale.com for additional auction details and bidder registration.

Contact Information for Tax Sales

If you have questions about Russell County tax sales, reach out to:

• Taxing Authority Consulting Services, PC (TACS)
• Address: P.O. Box 31800, Henrico, VA 23294-1800
• Phone: 804-506-3102
• Email: [email protected]

Pro Tips for Bidders

To make the most of tax sales in Russell County, follow these key strategies:

• Consider properties with road frontage for easier resale.
• Title searches here may reveal surprises—don’t skip this step.
• Keep weather in mind; remote land may be hard to access without four-wheel drive

Need a Hand?

Ready to make a move in Russell County? Check the Auction calendar for what’s coming up. Our free resources offer guidance, and if you want support, you can book a call with an expert at any time.

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