Wise County, Virginia Tax Sales: A Step-by-Step Guide for Buyers

Investing in tax-delinquent properties in Wise County, Virginia, can be a smart financial move. But before you bid, it’s important to understand the process. This guide explains auction schedules, bidding rules, and payment details so you can confidently participate in tax sales.

How Tax Sales Work in Wise County

Wise County does not hold tax sales on a fixed schedule. Instead, auctions happen as needed when properties have unpaid taxes.

• Auction Time: Most sales start at 12:00 PM Eastern Time (ET). Always verify the exact time before attending.
• Auction Location: Auctions are usually held at the Wise County School Board Office, Conference Room A, 628 Lake Street NE, Wise, VA.
• Redemption Period: Property owners can stop the sale by paying all overdue taxes, penalties, and fees before the auction begins.

Bidding and Payment Requirements

Before bidding, make sure you understand these key rules:

1. Registration: You must register before participating. Deadlines vary, so check with the auction organizers.
2. Deposit & Buyer’s Premium: The highest bidder must pay the full bid amount plus a 10% buyer’s premium (minimum $150).
3. Payment Method: Accepted payment methods include personal checks, cashier’s checks, or money orders. Cash is not accepted.
4. Property Condition: All properties are sold as-is, with no guarantees. Always research the property before bidding.

Who to Contact for Auction Details

For any tax sale questions, reach out to Taxing Authority Consulting Services, PC (TACS):

• Email: [email protected]
• Phone: (804) 612-0629
• Address: P.O. Box 31800, Henrico, Virginia 23294-1800

Where to Find Tax Sale Updates

Stay updated on upcoming auctions by checking these sources:

• TACS – Wise County Tax Sales – Official tax sale listings
• Auction Calendar – Upcoming tax sales and schedules

Get Ahead in Tax Sale Investing

• Research Economic Indicators: Analyze local economic trends to gauge the potential for property value appreciation.​
  
• Engage with County Officials: Establish relationships with Wise County officials to stay informed about upcoming auctions and property details.​
  
• Plan for Property Management: Consider how you will manage or dispose of the property post-purchase, especially if it requires significant repairs.​
  

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! 

Don’t Miss Your Investment Opportunity!

Smart investors are keeping an eye on Wise County. Are you? Check out our auction calendar for upcoming sales. Need advice? Book a call with an expert. Use our free resources for guidance or speak with an expert to gain an advantage. Don’t wait!

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