Real Estate for 40-90% Less – Cumberland County – North Carolina Tax Deed Investing

Unlock incredible discounts on properties in Cumberland County, North Carolina! Visit the courthouse steps on Thursdays at noon for Tax Foreclosure Sales, where you can bid on real estate for 40 to 90% below market value.

North Carolina, known for its beautiful landscapes, historic towns, and thriving economy, offers exciting opportunities for tax lien and tax deed investors. These investments can provide high returns with relatively low risk. Understanding the ins and outs of tax sales in North Carolina is essential for anyone looking to explore this market. Whether you’re new to tax lien investing or an experienced investor, North Carolina has unique features that make it a prime location for building a portfolio.

Cumberland County Tax Foreclosure Sale Information

Cumberland County offers a fantastic opportunity for property investors through its tax foreclosure sales. These sales are typically held on Thursdays at noon on the courthouse steps. Properties are sold to the highest bidder, often for a fraction of their market value.

Steps to Participate

No Registration Needed: Just show up at the courthouse steps at 117 Dick Street, Fayetteville, NC, usually at noon on Thursdays.

Deposit Requirement: The highest bidder must provide a 20% deposit or $750, whichever is more, in cash or certified funds.

Upset Bid Period: If a property receives an upset bid during the 10-day period, the new bidder must outbid the current offer with a 5% or $750 deposit.

Final Payment: Full payment is due within 14 days in certified funds. Failure to comply results in forfeiture of the deposit and the property.

Commissioner’s Deed: The winning bidder receives a Commissioner’s Deed upon full payment.

Important Details

Detail	Description
Tax Sale Type	Tax Deed Sale
Typical Date of Sale	Thursdays at 12:00 noon
Bid Procedure	Premium Bid
Deposit Required	20% or $750, whichever is greater
Upset Bid Period	10 days
Full Payment Due	Within 14 days of winning the bid
Winning Bidder	Receives a Commissioner’s Deed

Pro Tips

• Research: Thoroughly investigate the property before bidding. Understand the legal description and parcel number.
• Preparation: Have certified funds ready for the deposit and full payment.
• Due Diligence: Be aware that properties are sold “as-is” with all faults.

Fun Facts About North Carolina

• Population: As of the latest census, North Carolina has a population of about 10.7 million people, making it the 9th most populous state in the U.S.
• Property Taxes: North Carolina has a relatively low property tax rate compared to the national average, which makes it attractive for real estate investors.
• Historical Significance: Known as the birthplace of aviation, North Carolina is home to the Wright Brothers’ first flight.
• Notable Locations: The state boasts beautiful coastlines, mountain ranges, and thriving cities like Charlotte and Raleigh.

Attractions and Economic Highlights

Popular Attractions

1. Blue Ridge Parkway: A scenic drive through the Appalachian Mountains.
2. Biltmore Estate: A historic mansion in Asheville offering tours of gardens and architecture.
3. Wright Brothers National Memorial: The site of the first powered flight.

Transportation Infrastructure

North Carolina boasts a well-developed transportation network, including:

1. Major Highways: Interstate 40, 85, and 95.
2. Airports: Charlotte Douglas International Airport is one of the busiest in the U.S.
3. Railways: Amtrak serves multiple cities.

Economic Development

1. Agriculture: North Carolina is a leader in the production of sweet potatoes, tobacco, and poultry.
2. Technology: Research Triangle Park (RTP) is a major tech hub.
3. Manufacturing: The state is known for its automotive, textile, and furniture industries.

Community Appeal

North Carolina offers plenty of recreational activities:

• Eco-tourism: National parks and wildlife reserves.
• Outdoor Activities: Hiking, fishing, and beach activities along the coast.

FAQs

Q: Do I have to register to attend the sale?

A: No, the sales are open to the public.

Q: Can I purchase the property prior to the Tax Foreclosure auction?

A: No, properties are only sold at the auction.

Q: What kind of deed will I receive if I am the highest and final bidder?

A: You will receive a Commissioner’s Deed.

Q: What happens if I cannot make the full/final payment?

A: If you fail to make the full payment within 14 days, your deposit will be forfeited, and the property will be re-auctioned.

Q: Where do they conduct the sales?

A: The County hold the sale at the courthouse steps at 117 Dick Street, Fayetteville, NC​.

Useful Links

• Cumberland County Tax Foreclosure Sales Information
• Cumberland County Tax Administration
• Cumberland County Website
• Cumberland County Auction Site
• NC Judicial Branch – Notice of Upset Bid
• How to Unlock Profits and Secure Real Estate Deals in North Carolina Tax Deeds
• Let’s talk about Tax Deeds and how you can profit from them!
• Discover Tax Deeds and how you can find property for as little as $50! 
• This is how you can get properties below market value in North Carolina!

Need a Hand?

If you need assistance or guidance with tax lien investing, feel free to contact us for more information. Consider booking a call and check our free resources and support to help you navigate the process.

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