Real Estate Grabs! 40-90% Off at Auction – Catawba County – North Carolina Tax Deed Investing

Unlock property deals in Catawba County, NC, where tax foreclosure sales offer hidden gems at unbeatable prices. Dive in, no sign-up needed, and navigate the thrill of a 10-day bidding challenge to claim your prize!

Catawba County, North Carolina’s ‘Tax Foreclosure Sales’ is your chance to buy properties below market value. The county is known for its collaborative economic efforts, making it a prime spot for investors. Sales are conducted at the Catawba County Justice Center in Newton, NC. There is no need for registration – the highest bidder wins!

If you win, you must be prepared with a 20% deposit and cover the balance, recording fees, and revenue stamps before the sale’s confirmation. The auction isn’t the end; there’s a 10-day window for upset bids, where the next bid must top the current by 5% or at least $750. Upset bids must be made in person at the County Clerk of Superior Court. Visit the county website or contact the Catawba County Tax Department for more details and be ready to make your move.

Important Details

DetailInformation
Tax Sale TypeTax Foreclosure Sale
Typical Date of SaleNo specific date
Bid ProcedurePremium Bid
Deposit20%
Sale ContactCatawba County Tax Department
Auction SiteCatawba County Courthouse
County WebsiteCatawba County
Catawba River Train Bridge, Catawba, North Carolina

Key Information

  1. Location: All sales are conducted on the front steps of the Catawba County Justice Center at 100 Government Drive, Newton, North Carolina, starting at 12:00 p.m. unless otherwise noted.
  2. Deposit: They Require a 20% cash deposit immediately after the sale.
  3. Balance: You must pay the balance, along with recording fees and revenue stamps, before the sale is confirmed.
  4. Redemption: The property owner can redeem the property by paying taxes, interest fees, and foreclosure costs before the sale date.
  5. Upset Bids: Bidders can place upset bids within ten days. You must place the upset bid in person at the County Clerk of Superior Court, and it must exceed the current bid by 5% or $750, whichever is higher.

For more accurate and up-to-date details, check the official Catawba County resources or call the Tax Department directly​.

Frequently Asked Questions

Q: What happens if I am the highest bidder?

A: If you win, you must pay a 20% deposit immediately and settle the remaining balance plus fees before confirming the sale.

Q: Can the property owner stop the foreclosure?

A: Yes, the property owner can redeem the property by paying all due taxes, interest, and fees before the sale date.

Q: What is an upset bid?

A: An upset bid occurs when someone places a higher bid within ten days after the auction. It must be at least 5% higher than the current bid or $750 more.

Need a Hand?

Need help with tax lien investing? Consider booking a call and accessing free resources for more personalized advice! This guide provides a comprehensive overview of how to take advantage of Catawba County’s tax deed sales, helping you make informed investment decisions.

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