Real Estate Blog

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, the Chancery Clerk is required to notify the owner. (Miss. Code Ann. §§ 27-43-1, 27-43-3.) Redemption payments go to the Chancery Clerk, not to the investor, and the amount is set by state law.

If you're a property owner: Watch for notices from the Chancery Clerk, and don't wait. Redeeming through the Chancery Clerk's office is the most direct way to keep your property.

Buying a property from Viking
We make homeownership possible for people who may not qualify for a traditional mortgage. Because of how we acquire properties, many have prior-year taxes that must be paid by a set deadline, or the buyer could lose the property. We explain this before every sale, it's written into our contracts, and we send buyers reminders about upcoming deadlines. Like any homeowner, buyers are also responsible for current and future property taxes.

Tips for every property owner
Pay taxes by check, card, or another traceable method, and keep your receipts. If you think a payment wasn't recorded correctly, contact the Tax Collector's or Chancery Clerk’s office with your receipt. And if you've bought from us and have questions about your taxes, call us. We're glad to walk through it with you.

Our commitment
We're proud to help families across Mississippi become homeowners and to see vacant and neglected properties brought back to life. And through our tax lien investing, we also help fund the county services all residents depend on, like schools, roads, and public safety.

Questions? Call us at 601-326-1639.

— Viking Investments