No GA county I have talked with sells over the counter. You have to be at the auction. Properties that are no-bid are offered at some future auction, not necessarily the next one.
No GA county I have talked with sells over the counter. You have to be at the auction. Properties that are no-bid are offered at some future auction, not necessarily the next one.
In answer to your other question, there is a one year redemption period in Georgia.
If the owner wants to redeem the property, these will be their costs... mostly paid to you!
They’ll have to pay:
the amount purchaser paid for the property at the tax sale
a premium of 20% for the first year or fraction of a year which has elapsed between the sale date and the redemption date (and 10% for each year or fraction of a year thereafter)
any taxes purchaser paid on the property after the sale, and
any special assessments on the property (Ga. Code Ann. § 48-4-42).
If they don’t redeem until more than 30 days after the notice giving the redemption deadline, they'll also have to pay the sheriff's cost for serving the notice and publishing the notice in a newspaper (Ga. Code Ann. § 48-4-42).
@Marc Bazemore Marc, i think you and I need to stay in touch. I just became and agent, I am highly motivated to generate as much income through flips and rental properties.