Find Your Next Property at 40-90% Off! – Buncombe County, North Carolina Tax Deed Investing

Ever thought of buying properties at a discount of 40 to 90%? Buncombe County, North Carolina, offers tax foreclosure sales where you can purchase properties with overdue taxes. These sales are open to the public, and the highest bidder walks away with the property.

Understanding Tax Lien Certificates and Tax Deeds

In Buncombe County, tax sales are categorized into two types:

  • In-Rem Foreclosures: Managed by the county’s tax department and attorney in accordance with NC General Statute §105-375.
  • Mortgage Style Foreclosures: Handled by external attorneys similar to bank foreclosures, as per NC General Statute §105-374.

How to Start Tax Lien Investing in Buncombe County

  1. Research and Understand Local Laws Understanding the legal framework is crucial. Familiarize yourself with North Carolina’s specific statutes regarding tax sales.
  2. Visit the Local Treasurer’s Website. Check out Buncombe County’s tax foreclosure information here.
  3. Check the Auction Site Most auctions are held on the front steps of the county courthouse. You can find property details and auction dates here.
  4. Read the Details It’s important to understand the schedule and procedures for tax sales. Information about sale notices is often published in local newspapers and on the county website.
  5. Contact the County Office For specific inquiries, you can contact Buncombe County Tax Department directly. Visit their website for more details.

Important Details

DetailInformation
Tax Sale TypeTax Foreclosure Sale
Typical Sale DateScheduled at the discretion of the assigned commissioner conducting the sale
Bid ProcedurePremium Bid
Deposit20% of the bid required immediately following the sale
Sale ContactTax Department – Buncombe County, Asheville
Auction SiteFront steps of the county courthouse
County WebsiteBuncombe County Government
Buncombe County Courthouse in Asheville North Carolina

Pro Tips

  • Watch the Notices: Keep an eye on the local newspaper and county website for sale notices.
  • Be Prepared: If you win the auction, you must pay a 20% deposit immediately.
  • Upset Bid Process: If you want to increase your bid, visit the Clerk of Superior Court and exceed the current bid by 5% or $750.

Attractions and Economic Highlights

Popular Attractions Buncombe County boasts beautiful parks, theatres, and historic sites, which make it a great place for both investment and leisure.

Transportation Infrastructure The county is well-connected by major roads and rails and has easy access to airports.

Economic Development Growth sectors include agriculture, technology, mining, and manufacturing, providing a robust economic foundation.

Community Appeal Buncombe County offers a variety of outdoor recreational activities, entertainment options, eco-tourism opportunities, and historical attractions.

Frequently Asked Questions (FAQs)

Q1: How can I find the list of properties for the next tax sale?

Visit for the Buncombe County Tax Lookup the most updated list of properties.

Q2: Where do they hold the tax sales?

They typically conduct sales at the front steps of the county courthouse.

Q3: What happens if no one bids on a property?

If no one places a bid, the county may re-auction the property or handle it according to regulations.

Need a Hand?

Interested in tax lien investing? Reach out for assistance and guidance. Book a call and access free resources here.

For more information, feel free to visit the provided links or contact the county office directly.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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