North Carolina Tax Sales

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I have ordered John Becks course but I have a question before hand. Do they even do tax sales in North Carolina? I went to a website that I heard about but it showed nothing in NC for the past 2 years (far back as it goes). Just wondering if I may be wasting my time.

Thanks,
Jim smile

Comments(8)

  • killenjw1st December, 2003

    This site is based in North Carolina you would figure someone knows right? Hello out there is cyberspace

  • jeff120022nd December, 2003

    Not positive if all of this is still correct, but in the late 80's, North Carolina was a Deed state with no redemption period. If you were the winning bidder, you got the deed to the property. Simple as that.
    The gov't entity responsible for collecting the taxes, and conducting the sales was the County Tax Collector. If the information is no longer current, I'd still contact that office for starters. There's someone there who knows how it works now.
    Good Luck,
    Jeff

  • RonaldStarr2nd December, 2003

    killenjw--(NC)-----------------

    I'd recommend that you put the following into google "countyname tax collector" or "countyname treasurer," whichever is right for the state, where "countyname" is the name of some of the counties in your state. Once you are on their websites, look for discussions of tax sales. Some counties are sure to have something there.

    Also, read the NC state statutes on the collection of delinquent property taxes. You will find out what notices are necessary, what might be recorded in the land records office, when it is possible to do sales, etc.

    Good Investing***********Ron Starr*************

  • killenjw2nd December, 2003

    Thank you two very much I appreciate your knowledge. I will get on that pronto.

    Jim

  • killenjw3rd December, 2003

    For those of you that are keeping track of this post I have some news. The Purchasing and Contracting office of the Onlsow County North Carolina Tax office has informed me today that most of the land that the county owns is worthless and some even underwater. I thought that was pretty funny and I wondered if anyone has ever had someone tell them they had land for sale but it was under water. I did find out, however, all the Attorneys in Onslow County that handle the sale of all houses owned by the Tax collector. I did find that to be good news.
    Good Day for me I guess!

    Jim

  • RonaldStarr4th December, 2003

    Jim--(NC)---------------

    Many tax sales property are worthless. However, buying even one good property might make it worthwhile to sort through the lists of properties.

    What are the tax sales properties like at nearby counties?

    Good Investing*************Ron Starr***********

  • killenjw4th December, 2003

    I haven't gotten that far. I did get a list about 6 pages long and it doesn't look like the plots would be that bad. I am in Kentucky right now though so I can't actually get by to see them. I am going to do that this weekend when I return. I can't get the list of actually homes until I get home they don't email those list. I can't wait to talk to these attorneys though. Pick some brains if you know what I mean.
    Jim

  • richen10th December, 2003

    I suppose you already know by now, but since I live in NC I should respond. Nc is not a tax lien state and does not sell tax liens despite some websites saying that they are a lien state. That is simply incorrect. It is a tax deed state. However, they only convey a quit claim, I believe, and it is up to you to clear title, and Good lluck!!!! I would not even bother with NC with my experiences there!!

    RC

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