Skip the Hype: Real Estate Deals in Scott County’s Tax Sales

If you’re thinking about getting into real estate investing, Scott County, Virginia is a great place to look at tax deed sales. These sales happen when property owners don’t pay their taxes, and the county sells the property to recover the debt. Let’s go over how the process works and why this might be a smart move for investors.

Overview: Tax Deed Investing in Virginia

Virginia uses tax deed sales instead of tax lien certificates. That means if you win a bid, you’re buying the actual property—not just a claim to it. These sales happen at public auctions and follow local and state laws. In most counties, including Scott County, there’s no redemption period, so you don’t have to wait for the previous owner to reclaim it.

Important Details for Scott County Tax Deed Sales

Detail	Information
Tax Sale Type	Tax Deed
Typical Sale Date	Varies throughout the year
Redemption Period	None (property is sold outright)
Interest Rate	Not applicable
Bid Procedure	Premium bid (highest bid wins)
Deposit	25% or $1,000 minimum, whichever is higher
Buyer’s Premium	10% of final bid (minimum $150)
Auction Type	Judicial and Non-Judicial Sales
Sale Confirmation	Judicial sales must be approved by Circuit Court
Auction Location	County Office Building, 190 Beech Street, Gate City, VA
Online Auction	Mitchell Auction Firm
Property Listings	Tax Sale Listings
Contact for Info	[email protected], (804) 612-0629
County Treasurer’s Office	Scott County Treasurer

Interesting Facts About Virginia

• Virginia’s population is over 8.6 million.
• The state has been using property taxes since colonial times.
• It allows both judicial and non-judicial tax deed sales.
• Once confirmed, the buyer receives a Special Warranty Deed, not a lien.

Attractions and Economic Highlights in Scott County

What You Can See and Do:

• Parks, trails, and scenic drives
• Historical landmarks and local museums
• Community events and seasonal festivals

Getting Around:

• U.S. Route 23 connects the county to nearby cities
• Access to regional airports, like Tri-Cities Airport in Tennessee

Key Industries:

• Farming and agriculture
• Light manufacturing
• Healthcare and education

Why People Like Living Here:

• Affordable housing
• Peaceful rural environment
• Strong sense of community

Why Virginia Is a Good Place for Tax Deed Investing

Scott County’s housing market features affordable homes, with a median home price of around $150,000. Homes typically sell within 90 days. Many are in quiet, rural neighborhoods. But make sure to check environmental factors—about 31% of homes are in flood-risk areas, and nearly all face some wildfire risk over the next 30 years.

What Makes Tax Deed Sales a Smart Investment?

High Returns with Less Risk

When you win a tax deed auction, you’re getting full ownership of the property. If you’ve done your homework, you can end up with a property worth much more than what you paid.

How the Auction Works

• Both in-person and online bidding are allowed.
• Premium bid method—highest bidder wins.
• Properties sold as-is, with no guarantees.
• A 10% buyer’s premium is added to your winning bid.
• You’ll need to pay a deposit right away, then complete the payment after sale confirmation.

Maximum Returns

If you win a property below market value, you could resell it for more, fix it up to rent, or hold it until values go up. These kinds of returns are often better than other short-term investments.

Open to All Investors

These auctions are open to everyone—you don’t have to live in Virginia. Even international investors can register and bid through the Mitchell Auction Firm website.

Understanding the Tax Deed Sale Process

Step-by-Step Guide

1. Check available properties on TaxVA.com.
2. Register to bid (online or in-person).
3. Attend the auction.
4. Pay the required deposit if you win.
5. Wait for court confirmation (for judicial sales).
6. Pay the full balance and receive the deed.

Expected Returns

Returns depend on what you pay, the property’s value, and market conditions. Some properties may need repairs, while others are ready to use.

Foreign Investor Participation

Yes, international buyers can invest. Just make sure to read all the terms and register properly before the auction.

Importance of Doing Your Homework

What You Should Do Before Bidding

• Check if the property has road access.
• Make sure it’s not landlocked.
• Get a title search done (at your expense).
• Drive by or use Google Maps to view it from the outside.
• Understand the area’s risks, like flooding or fire zones.

What Can Go Wrong

• You might buy a useless piece of land.
• The property could be unsafe or damaged.
• You may face trouble reselling it without a clear title.

Buying Over-the-Counter (OTC) in Scott County

Some properties don’t sell at auction and are later available OTC. That means:

• No bidding competition
• Set prices
• Still need full payment and proper paperwork

For more details, visit TaxVA.com or call (804) 612-0629.

Why Scott County, Virginia Is Worth Considering

Economic and Tax Perks

• Low property tax rates
• Clear process backed by law
• Less competition compared to big cities

Real Estate Trends

The local market is stable with affordable properties. That’s great for both short-term flips and long-term holds.

Final Thoughts

If you’re looking for a new way to grow your money, Scott County, Virginia tax deed sales are worth checking out. With the right research and planning, you could walk away with property at a great value.

Pro Tips

• Always double-check the auction terms.
• Bring certified funds if bidding in person.
• Register early if bidding online.
• Hire someone local for property checks if you’re far away.

FAQs

Can I buy a tax deed property if I live in another state?
Yes, out-of-state and foreign buyers are welcome.

Do I get a refund if I change my mind?
No, all bids are final and legally binding.

Do I get a clean title with the property?
No. You get a Special Warranty Deed. You should still do a title search.

Can I pay in cash at the auction?
No, only checks, money orders, or wire transfers are accepted.

What happens if I can’t pay after winning?
You’ll lose your deposit and may face legal consequences.

Useful Links

• Scott County Treasurer’s Office
• Scott County Tax Sale Info
• Online Auction Site
• Property Listings – TaxVA
• 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! 

Need a Hand?

Scott County auctions are posted—check them out in our Auction calendar. Our free resources can answer a lot, and for personal guidance, feel free to book a call and talk to a real pro.

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded