What are Tax Sales & Why They Make Title Insurance Underwriters Nervous
Most tax sales in Georgia are nonjudicial tax sales. A nonjudicial tax sale occurs after a homeowner has received three notices that their property tax payments are delinquent and that a failure to pay will result in the sale of the property. Additionally, the sheriff must post notice of such sale in the newspaper
of record. After notice and publication, if the homeowner still fails to pay his/her past due taxes, a lien can be placed on the property. The sheriff can then conduct a nonjudicial tax sale to sell the home or foreclose on the lien in a judicial proceeding, after which the new buyer of the home becomes the vested owner and receives a tax deed.