Tax Deed Sales in Washington State can be a profitable venture with different counties offering a variety of opportunities.
In this interview, Ted answers questions about tax deed sales in Washington state and discusses the most popular counties for tax deed investors.
Pierce, Snohomish and King as well as 36 other counties offer a variety of opportunities that appeal to various investors. Somewhere in the state of Washington, there’s a tax deed investing opportunity that’s perfect for you.
The topics to be covered in “Tax Deed Sales in Washington State: What To Know Before You Go” are:
The Popularity of House Auctions in Washington State
As a destination for tax defaulted auction sales, Washington state has seen a surge in popularity in recent years. The state’s housing market has experienced significant growth over the past decade, with many people moving from California to Washington and driving prices up.
The counties of Snohomish, Pierce, and King are particularly popular among buyers, as they are located in the Puget Sound area.
Washington Conducts Tax Sales Called “Foreclosure Auctions”
As a tax deed state, Washington conducts “foreclosure sales,” also known as tax defaulted property auctions. These sales occur when a property owner fails to pay their property taxes, and the local county sheriff, along with the treasurer, confiscates the property. The county then advertises the property for auction to the public.
Finding an Auction and Tax Delinquent List in Washington State
It’s easy to find a tax delinquent properties for sale list in Washington state. The auctions and list of properties for sale can be found on the county website and this information is also published in local newspapers.
Anyone can attend the auction and bid on real estate, with the highest bidder winning the property. However, it’s important to keep in mind that the sales process in Washington may differ slightly from other states, so it’s important to be familiar with the specific rules and regulations in Washington.
The Pierce County Foreclosure Auction
One aspect of tax deed sales in Washington state that’s worth noting is the high level of competition at some auctions.
In particularly popular areas, such as Pierce County, the foreclosure auctions may have a large number of properties available and be highly competitive. This can make it challenging for buyers to secure the property they want, but it also means that there are many opportunities for investors to find a good deal.
Pierce County, in particular, is known for its high level of industrial activity and the presence of naval installations in the city of Tacoma. As a result, the county typically has a large number of properties available at its foreclosure auctions, with anywhere from 50 to 75 properties on offer at each auction.
Snohomish and King County Foreclosure Sales
Other counties, such as Snohomish and King, are known for their high-value real estate.
In these counties, a vacant lot can be worth anywhere from $80,000 to $150,000, making them a prime location for investors looking for a profitable investment opportunity.
Overall, tax deed sales in Washington state offer a great opportunity for investors to secure property at a discounted price. However, it’s important to be familiar with the specific rules and regulations in Washington and to be prepared for the high level of competition at some auctions.
By doing your research and being prepared, you can increase your chances of success and find a great deal on property at tax deed sales in Washington state.
Tax Deed Investing Course
If you want to learn more about tax defaulted real estate, view more of Ted’s free videos.
Ted is the authority on the subject of tax lien and tax deed investing and has been teaching students how to buy and sell bargain real estate for over 25 years.
If you’re looking to invest in tax deeds but don’t know where to start, our tax deed investing course is the perfect solution for you. Twice a month, Ted holds all-day virtual workshops that you can attend from the comfort of your own home.
The class starts at 11 AM Eastern, and with 100 to 150 other attendees, you’ll be in great company. At only $47 for the entire workshop, you’ll be paying just six or seven dollars per hour to learn the ins and outs of tax deed investing.
Ted Thomas provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops, web classes, personal coaching with certified coaches, and an interactive map auction calendar research tool that allows you to visit states online and see where all the auctions are taking place.
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