Getting Your Home Back After a Tax Sale in South Carolina
How long you have to redeem a home after a property tax sale or tax lien sale in South Carolina, and how to do it.
Short answer: After a delinquent property tax sale, the defaulting taxpayer, a later owner, or a mortgage or judgment creditor may redeem the real estate within 12 months from the sale date by paying the delinquent taxes, assessments, penalties and costs plus interest on the bid amount, which rises… S.C. Code Ann. §§ 12-51-90, 12-51-120
| Property tax sales | After a delinquent property tax sale, the defaulting taxpayer, a later owner, or a mortgage or judgment creditor may redeem the real estate within 12 months from the sale date by paying the delinquent taxes, assessments, penalties and costs plus interest on the bid amount, which rises with time: 3% in the first three months, 6% in months four to six, 9% in months seven to nine, and 12% in the last three months. The tax collector must mail a certified-mail notice 20 to 45 days before the redemption period ends. |
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More South Carolina foreclosure & homeowner law
- How Foreclosure Works in South Carolina
- Redemption and Deficiency Judgments in South Carolina
- All South Carolina foreclosure & homeowner law rules
FAQ
How do you get your home back after a tax sale in South Carolina?
After a delinquent property tax sale, the defaulting taxpayer, a later owner, or a mortgage or judgment creditor may redeem the real estate within 12 months from the sale date by paying the delinquent taxes, assessments, penalties and costs plus interest on the bid amount, which rises with time: 3% in the first three months, 6% in months four to six, 9% in months seven to nine, and 12% in the last three months. The tax collector must mail a certified-mail notice 20 to 45 days before the redemption period ends.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.