Getting to Know Viking Investments: How Tax Sales Work and What We Do
Posted by Nick Miller on
At Viking Investments, we believe informed homeowners and buyers make stronger communities. Here's a straightforward look at how Mississippi tax sales work and where we fit in.
What is a tax sale?
When property taxes go unpaid, Mississippi law requires the county to offer those delinquent taxes at a public tax sale. Properties are advertised in advance, and the Tax Collector sells to the highest bidder. The process is open to anyone who registers, and everything is on public record. (Miss. Code Ann. §§ 27-41-55, 27-41-59.)
Homeowners have strong protections.
After a tax sale, the owner has two years to redeem their property by paying the delinquent taxes plus the interest and costs set by law. (Miss. Code Ann. § 27-45-3.) Before that period ends,…
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