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Virginia Tax Deed Auctions - (VA)
Written by: Kevin Zimmerman
The state of Virginia does not hold tax lien certificate sales. However, Virginia does conduct tax deed sales. An overview of relevant tax deed sales information indicates that Virginia is a worth considering for tax deed investing.
An Overview of Virginia Tax Deed Sales
There is no associated interest rate for Virginia because the state does not hold tax lien certificate sales. Virginia only conducts tax deed sales. There is no extended right of redemption period following tax deed sales held in the state of Virginia. Rules and times for the sales are determined by the individual counties; and normally, sales are conducted around 4 times each year.
Virginia Tax Sales Bidding Process
All tax sales held in Virginia are held via a competitive bidding process and there is no minimum set bid, which is a plus for investors.
In review, Virginia is thought to be a decent state for tax deeds sales.