Turn a SMART BID Into a Property! – Wayne County – North Carolina Tax Deed Investing

Dive into Wayne County’s Tax Foreclosure Sales for a chance to own property at a deal! These auctions, held at the Wayne County Courthouse in Goldsboro, offer opportunities to purchase properties with unpaid taxes. Let’s break down the essentials.

Quick Overview

Wayne County, NC, typically conducts tax foreclosure sales on the fourth Wednesday of each month. These sales offer a great way to acquire property by paying off back taxes and other related costs.

How It Works

1. Finding Properties:
   
   Lists of available properties are posted on the courthouse bulletin board and in the Goldsboro News-Argus newspaper. You can also find them online on the Wayne County website.
2. Bidding Process:
   
   The opening bid includes all delinquent taxes and the auction costs. When you win a bid, you must make a deposit of either 5% of the final bid or $750, whichever is greater, at the time of the sale.
3. Upset Bids:
   
   After the initial sale, bidders can place upset bids within a 10-day period. These bids must be at least 5% higher than the last bid or an additional $750. Each new bid restarts the 10-day period.
4. Finalizing the Purchase:
   
   If no further upset bids occur, the sale is confirms. The successful bidder must pay the remaining balance within 10 days. They sell the properties “as is,” and the successful bidder receives a Quitclaim Deed.

Example Properties

Here are some sample properties recently up for sale:

• 3343 Salem Church Road, Goldsboro, NC: Opening bid $5,494.88
• 108 Caves Cove Place, Dudley, NC: Opening bid $3,250.59
• 112 Heather Glen Drive, Goldsboro, NC: Opening bid $993.70

Wayne County Tax Foreclosure Sale Details

Details	Information
Auction Location	Wayne County Courthouse, Goldsboro, NC
Sale Date	Typically the fourth Wednesday of each month
Bid Type	Premium Bid
Deposit Requirement	Typically, the fourth Wednesday of each month
Upset Bid Procedure	Must increase by 5% or $750, plus a deposit
Upset Bid Period	10 days after the initial sale
Final Payment	Must be completed within 10 days after sale confirmation
Property Condition	Sold “as is” with no warranties
Deed Issued	Quitclaim Deed
Contact	Wayne County Tax Department
Website Links	Wayne County Tax Foreclosure Sales
	Wayne County Tax Department
	Wayne County Official Website

Interesting Facts About Wayne County Real Estate

1. They sell the properties with no warranty. Buyers receive a Quitclaim Deed.
2. Upset bids encourage competitive bidding and can stretch the purchase timeline.
3. Foreclosure sales are often a way to acquire properties at a fraction of their market value.
4. Wayne County’s tax foreclosure sales include properties ranging from vacant lots to homes.

Pro Tips

• Research Thoroughly: Ensure you understand the property’s condition and any legal obligations. Conduct your own title search before bidding.
• Stay Informed: Regularly check the courthouse bulletin board and the Goldsboro News-Argus for updates on properties for sale.
• Be Prepared: Bring your deposit in cash, certified check, or money order at the time of the sale.

FAQs

1. What is a tax foreclosure sale?
   
   It’s a public auction where the county sells properties with unpaid taxes to the highest bidder.
2. Where can I find a list of properties for sale?
   
   Listings are available on the courthouse bulletin board, in the Goldsboro News-Argus, and online.
3. What is an upset bid?
   
   An upset bid is a higher bid placed within 10 days of the initial sale. It must be at least 5% higher or an additional $750.
4. Are there any guarantees on the properties?
   
   No, the county Sells the properties “as is” with no guarantees. A Quitclaim Deed is provided to the successful bidder.

Useful Links

• Wayne County Tax Foreclosure Sales
• Wayne County Tax
• Wayne County
• Auction Site Location: Wayne County Courthouse, Goldsboro,
• 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 more details or assistance, feel free to contact the Wayne County Staff Attorney’s Office at (919) 705-1971.

We’re here to help you navigate the process. Check our free resources or book a call with us for personalized guidance!

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