Uncategorized Archives - TACS

TACS Facts

TACS FACTS Vol 19 Issue 1-Winter 2024 {Trends In Collection, Assessment, Bankruptcy, and Other Areas} TACS FACTS Vol 18 Issue 4-Autumn 2023 {Virginia Supreme Court Rules on Tax Sale Excess Proceeds} TACS FACTS Vol 18 Issue 2-Spring 2023 {Litigation and Legislative...

JUDICIAL AND NON-JUDICIAL DELINQUENT TAX SALES POSTPONED

The upcoming auctions for the Cities of Fredericksburg and Richmond, Fairfax County and Patrick County will be POSTPONED.  A future sale date and time has not yet been determined, however, a new publication notice will be placed in the newspaper and emailed via the...

Tax Auctions – I’ve Won….Now What?

If I purchase property at an auction and later become dissatisfied with the property, can I cancel my bid and get a refund of the deposit or purchase price? Once the sale is confirmed by the Court, you become the legal owner of the property and the funds paid are not...

I’m Delinquent on Real Estate Taxes – Will You Sell My Property?

Receiving your delinquency notice is the first notification that you have that your real property is being subjected to the judicial sale process.  Once a parcel has been turned over for delinquent taxes, all taxes, penalties, interest, costs and fees must be paid to...

Does TACS Report Accounts to the Credit Bureaus

As a general rule, TACS does not report accounts remitted for collection by our government clients to the credit bureaus.  In tne event, however, that judgment is procured in a court, credit bureaus may discover this public record and report the same. If you have...