40-90% Savings on Real Estate – Forsyth County, North Carolina Tax Deed Investing

Unlock massive savings on real estate in Forsyth County, North Carolina! Stay ahead of the game by doing your due diligence!

Forsyth County Tax Foreclosure Sale Information

  • Tax Foreclosure Sales: Sales are held at the Forsyth County Courthouse – 1st Floor, 175 N. Chestnut St., Winston-Salem, NC 27101​
  • Sale Dates & Times: Foreclosure sales occur as needed, typically at 12:00 noon. Keep an eye on the Tax Administration page for the latest schedules​.
  • Payment Details: Be ready with 20% of your bid in cash, money orders, or certified funds at the time of the sale.
  • Upset Bids: After the sale, there’s a 10-day upset bid period where other interested parties can place higher bids. Stay alert during this time to ensure you remain the highest bidder​​.
  • Contact: For further inquiries, contact the Tax Administration at Forsyth County Tax Administration​.
DetailInformation
Tax Sale TypeTax Deed Sale
Typical Sale DateAs needed, at 12:00 noon
Bid ProcedurePremium Bid
Deposit5% – 20% of the highest bid​
Auction Site175 N. Chestnut St, Winston-Salem, NC
Contact for More InformationTax Administration, Forsyth County
Forsyth County Courthouse Federal Courthouse Winston-Salem

Pro Tips

  • Stay Updated: Regularly check the Forsyth County Tax Administration website for the latest updates on foreclosure sales.
  • Understand the Upset Bid Process: Prepare for the 10-day upset bid period. This is a crucial time to ensure you remain the highest bidder.
  • Do Your Homework: These properties come with no guarantees. Inspect them thoroughly before placing your bid​​.

FAQs

Can I purchase tax lien certificates in Forsyth County?

No, North Carolina law prohibits the sale of property tax liens​.

What type of payment is accepted for the deposit?

You can make deposits using cash, money orders, or certified funds. Checks should be payable to Zacchaeus Legal Services​​.

Where do I place an upset bid? Submit upset bids in person at the Clerk of Court’s Office, Room #4501, Hall of Justice, 175 N. Chestnut St, Winston-Salem, NC​​.

What happens if no one places an opening bid at a foreclosure sale?

Properties that don’t receive an initial bid enter Foreclosure Sale Residual Parcel status and may be auctioned again later​.

Useful Links

Need a Hand?

If you need assistance or guidance with tax lien investing, feel free to reach out for help. You can book a call or access free resources to get started on your investment journey.

Remember, thorough research and preparation can lead to significant savings and successful investments in Forsyth County, North Carolina!

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