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 refundable. If prior to confirmation of sale, you become dissatisfied with the property, you will not be entitled to a refund of your deposit. In most cases your refund will be forfeited. The 2nd highest bidder may be contacted and the property may be sold to that bidder or the property may be resold at a 2nd auction, subject to the Court’s discretion. In such an event, you may be responsible for any costs and fees incurred to sell the property for a second time and your initial deposit is subject to forfeit.

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1. Who can purchase property at a tax sale?
2. If I purchase a property at a tax sale, will I receive title to the property?
3. If I purchase a property which is encumbered by a mortgage, taxes or weed abatement liens, am I responsible for these debts?
4. If I purchase a property at a tax sale, do I have to pay the back taxes?
5. If I purchase a property at a tax sale, can the owner come back later and reclaim the property?
6. What is the minimum bid I should expect to pay?
7. Does the City of Roanoke offer a financing program or discounts?
8. 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?
9. What type of deed do I receive following confirmation of the sale?
10. Will I be able to get title insurance on a property I purchase at an auction?
11. Can a previous property owner reclaim property after I have purchased it at the auction?