Forsyth County
Quick Guide to Snagging a Property in Forsyth County, Georgia
Interested in securing your dream home in Forsyth County, Georgia, through tax sales? You’re in the right place. Let’s walk you through the essentials of buying a property via tax deed sales in this charming part of Georgia.
Forsyth County Tax Deed Sales
What is a Tax Deed Sale?
A tax deed sale in Forsyth County happens when properties with unpaid taxes are auctioned off to recover the owed amounts. The highest bidder at the auction wins the property. The starting bid includes the total tax due plus additional costs. If no one meets the minimum bid, the Tax Commissioner can bid for the county.
Redemption Period
Once you buy a property at a tax deed sale, the original owner, creditors, or other stakeholders have one year to reclaim it. They must pay the purchase price, a 20% premium, and any post-sale taxes or fees you’ve paid. If they don’t redeem the property within a year, you can start foreclosure proceedings to secure full ownership.
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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.