Want to Own Property in Washington? Start with a Skagit County Tax Deed Sale

Thinking about investing in tax deed sales in Washington? Skagit County could be a great place to start. Every year, the county holds a public auction where real estate is sold because of unpaid property taxes. If you’re looking for high-return opportunities with relatively low competition, this guide will walk you through everything you need to know about buying tax deed properties in Skagit County.

A Quick Look at Washington State Tax Sales

In Washington, tax sales are tax deed sales. That means when you win a property at the auction, you get full ownership. There’s no redemption period once the sale is done. Washington counties, including Skagit, usually hold one sale per year. The process is open to everyone—whether you live nearby or across the country.

Important Skagit County Tax Deed Sale Details

DetailInformation
Tax Sale TypeTax Deed
Typical Sale DateJanuary (once per year)
Redemption PeriodNone
Interest RateNot applicable (since it’s a deed sale)
Bid ProcedurePremium bid (highest bidder wins)
Deposit Required$500 deposit + $35 processing fee via Bid4Assets
Payment TermsFull payment due via Bid4Assets, including 10% buyer’s premium (minimum $100)
Auction Website Bid4Assets
County Treasurer InfoSkagit County Treasurer

How Tax Deed Sales Work in Skagit County

If property taxes go unpaid for three years, the property can go into foreclosure. For example, if 2021 taxes aren’t paid by January 2024, the county can start foreclosure that same year. The Treasurer files a Certificate of Delinquency with the court, and if no one pays the balance (including penalties and fees), the property goes to auction.

Here’s a simple breakdown:

  1. The county lists properties online before the auction
  2. Register and pay a deposit on Bid4Assets
  3. Bidding starts at the total taxes and fees owed
  4. The winner pays the full amount plus a 10% buyer’s premium
  5. Once payment clears, a tax deed is issued

The deed transfers ownership but doesn’t guarantee the property’s condition or clear title. Always research before you bid.

Fun Facts About Washington State

  • No personal income tax
  • Property taxes help fund local schools, fire departments, and public services
  • Washington is one of the few states with no corporate franchise tax
Skagit County Courthouse Washington

Attractions and Economy in Skagit County

Popular Attractions

Skagit County is home to the famous Tulip Festival in Mount Vernon, coastal charm in Anacortes, and miles of hiking trails and natural beauty in North Cascades National Park.

Transportation

Skagit is accessible by major roads like I-5, ferry terminals serving the San Juan Islands, regional rail, and small airports. Transportation is reliable and supports both tourism and industry.

Economic Highlights

Key industries include:

  • Agriculture: Known for tulips, berries, and dairy
  • Tourism: Outdoor recreation and seasonal festivals
  • Marine trades: Especially in towns like Anacortes

Community Life

Skagit County offers a mix of small towns, farming communities, and waterfront living. It appeals to retirees, outdoor lovers, and families looking for space and safety.

Why Washington State Is a Good Fit for Tax Deed Investing

Washington stands out for these reasons:

  • No redemption period = faster property transfer
  • Open bidding for local and out-of-state buyers
  • Growing population and housing demand
  • Affordable compared to nearby urban markets

How to Maximize Returns

Tax deed investing in Washington can lead to great returns. You can:

  • Sell the property at a profit
  • Rent it out for passive income
  • Hold it for long-term appreciation

Just remember, all sales are final, and you’re responsible for any cleanup, repairs, or legal matters after purchase.

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

If a property doesn’t sell at the auction, it may be available for direct purchase.

Why buy OTC:

  • No bidding competition
  • Fixed prices
  • Some great properties may still be available

For full details, check the Treasurer’s OTC Info and FAQs.

Pro Tips for Tax Deed Investors

  • Always research the property’s condition and title
  • Drive by the property when possible
  • Set a max bid and stick to it
  • Make sure you can pay right after the auction
  • Know the risks: these properties are sold as-is

FAQs: Skagit County Tax Deed Sales

Can I go inside the property before the sale?
No. Most properties are still occupied or locked. Only drive-by views are allowed.

Is financing available for the auction?
No. You must pay the full price after winning the bid.

Are there any guarantees on the property?
No. The property is sold as-is, and there may be issues like unpaid utilities or repairs needed.

Can I bid if I live out of state?
Yes. Anyone can participate using the online auction system.

Useful Links

 Take Action

Don’t miss out on upcoming tax sales, and Visit Our Auction Calendar. This could be your chance to explore new investment opportunities. If you need help understanding the process or have questions, book a call with an expert who can walk you through the steps. You can also browse our free resources for tips and insights to help you make informed decisions.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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