|
Tax
Lien Certificates - Tax Deed Sales
In North Carolina NC
North
Carolina (NC) does not conduct tax
lien sales. NC sales are called
property tax
foreclosure sales. Here is a
summary of information for tax
sales:
No
extended right of redemption.
North
Carolina
tax lien certificate auctions
Tax
lien sales are not offered. Deed
sales are held in December
North
Carolina
tax deed or tax foreclosure sales
NC also conducts formalized
tax foreclosure or tax deed sales
about 4 times per year.
Bidding
Process
All
tax sales are by
competitive bid. There is a
10 day upset period after the
sale. During that period anyone
can trigger a resale by bidding
the greater of 5% or $750.
State
Specific Information
NC is a decent tax sale
state because the state conducts
both tax lien and tax deed sales
and the tax foreclosure sales are
4 times per year so the state has
many bidding opportunities.
County-owned surplus properties
are available in some cases.
For
more information on how to bid,
research and buy tax foreclosure
properties, including the complete
tax sale laws of NC and all
states, please click on this link:
North Carolina tax deed sales
information
|