North Carolina Tax Deeds

 Sale Type:  Tax Deed
 Interest Rate:  N/A
 Bid Method:  Highest Bidder
 Redemption Period:  N/A
 Sale Date(s):  Year Round
 State Statute(s):  CH 105, Sub CH II, Article 26
 Over-the-Counter:  Yes
 State Website:  http://www.ncgov.com/

North Carolina State Overview

100 County Tax Departments/Tax Department Offices/Tax Offices/Tax Collections Offices and Tax Collectors and 267 municipal (City or Town) Tax Collectors.

In North Carolina, the tax collector or treasurer will sell tax deeds to the winning bidders at the delinquent property tax sales.

  • Tax Sale Type: Tax Deed (Sec. 105-374 (p)).
  • Contact: Tax Collectors (Sec. 105-350).
  • Interest Rate and/or Penalty Rate: Not applicable
  • Bid Procedure: Premium bid / highest bid. (Sec. 105-374 (m)).
  • Redemption Period: Not applicable.
  • Law: General Statutes of North Carolina, Chapter 105, Subchapter II, Article 26, “Collection and Foreclosure of Taxes.”
  • Upset bids: According to (Sec. 1-339.64) a bidder may ‘increase the bid‘ by increasing the bid by ‘(5%)‘ and ‘with a minimum increase of seven hundred fifty dollars ($750.00).‘. Once the upset bid has been recorded, the clerk of the superior court will release the prior sale.