Roanoke City Tax Sale

June 25, 2010 · Filed Under Foreclosures, Roanoke City Real Estate 

Just received an email from the City of Roanoke Collections Office that there will be a judicial sale of delinquent homes on June 29, 2010 at 12:00pm.

Location:

Fitzpatrick Hall, Jefferson Center
541 Luck Avenue
Roanoke, VA 24016

I’ve been to a few of these and while the homes are usually distressed to some degree, if you’re a flip-it or fix-it-up type investor, you should be there. The sale is handled in an auction format with bidding, etc. Make sure to check out the terms, etc. for purchasing before you arrive.

Here’s the full email:

ROANOKE, VA – The City of Roanoke will hold an auction at noon on
Tuesday, June 29, at the Jefferson Center’s Fitzpatrick Hall for
approximately 22 properties that have delinquent real estate taxes,
assessments for weed and trash abatement, and demolition or board-up
costs. A listing of the properties is online at
www.roanokeva.gov/taxsale.

According to state law, properties qualify for the Judicial Sale
process when taxes are delinquent on Dec. 31 following the first
anniversary of the date on which the taxes have become due. State law
also provides that any property sold during these proceedings is
purchased free and clear of all liens incurred by the owner or any
other party involved in the suit. However, all successful bidders
must meet the terms of the Bidder Qualification Program to ensure
that there are no unpaid taxes or code violations on other properties
that they may own. All sales are subject to Circuit Court approval.

“Despite vigorous collection efforts by the City Treasurer and the
Department of Billings and Collections, these property owners have
failed to pay their debts,” said Dana Long, Manager of Billings and
Collections. “Aside from the collection of delinquent taxes, fees,
and assessments, neighborhoods benefit from the tax sales by having
new, responsible owners who will properly maintain the property and
pay future taxes.”

To redeem any tax sale property, the owner must pay, in full, all
accumulated taxes, assessments, penalties, interest, and costs,
including all legal fees, by 5 p.m. on the day before the sale. The
listing of the tax sale properties is subject to change up until the
time of sale.

Additional information is located on the city’s website at
www.roanokeva.gov/taxsale. For more information call Dana Long at
540-853-2880.

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