A Goldmine for 40-90% Property Discounts – Johnston County – North Carolina Tax Deed Investing

Seize your chance to score a property for a steal in Johnston County, North Carolina, where Tax Foreclosure Sales make dreams affordable!

In Johnston County, properties with unpaid taxes are sold through tax foreclosure sales, presenting a unique investment opportunity. This process allows investors to acquire properties at potentially significant discounts compared to traditional real estate markets. Whether you’re new to tax deed investing or an experienced investor, Johnston County offers a path to acquiring valuable properties with a low initial investment.

Understanding Tax Lien Certificates vs. Tax Deeds

Tax Lien Certificates:

  • These are claims against the property for unpaid property taxes. When you purchase a tax lien certificate, you’re essentially paying the property owner’s taxes, and in return, you earn interest until the owner pays you back.

Tax Deeds:

  • Buying a tax deed means you are purchasing the actual property that has unpaid taxes. If you win the bid at the auction, you get the property deed after a redemption period, if applicable, is completed.

Example Investment:

  • Suppose you purchase a tax deed for a property worth $100,000. If the property’s taxes and fees total $5,000, you could potentially acquire it for just a fraction of its market value.

Process:

  • If the original owner does not redeem the lien by paying back taxes and interest, you could gain full ownership of the property.

Steps to Start Tax Deed Investing in Johnston County

  1. Research and Understand Local Laws:
    Familiarize yourself with North Carolina’s tax foreclosure laws to understand your rights and obligations.
  2. Visit the Local Treasurer’s Website:
    Access tax sale information on the Johnston County Tax Department.
  3. Check the Auction Site:
    Foreclosure sales are held at the Johnston County Courthouse steps. Keep an eye on announcements for upcoming sales on the Johnston County Tax Foreclosure Sale Information.
  4. Read the Details about Tax Deeds:
    Understand the sale schedule, parcel details, and other essential information.
  5. Contact the County Office:
    For additional inquiries, contact the Johnston County Tax Administration Office at 919-989-5130 or visit their website for more details.

Important Details for Johnston County Tax Foreclosure Sales

DetailInformation
Tax Sale TypeTax Foreclosure Sale
Typical Sale DateNo typical date set; sale dates are posted online and in the Smithfield Herald two weeks prior to the sale
Bid ProcedurePremium Bid Method
Deposit5% of the winning bid required on the spot
Sale ContactJohnston County, North Carolina Tax Administration
Auction SiteThe Sale was held at the Johnston County Courthouse steps (212 E Market St.)
Redemption Period10 days for upset bids after the auction
Interest RateNot applicable (tax deed sale)
County WebsiteJohnston County North Carolina
Johnston County North Carolina Courthouse

Pro Tips

  • Always conduct thorough due diligence before placing a bid. Properties are sold “as is,” so check for any issues or liens that might affect your investment.
  • Be prepared for additional costs, such as eviction if the property is occupied.
  • Follow the updates and announcements on the Johnston County website to stay informed about upcoming sales and any changes in procedures.

FAQs for Johnston County Tax Deeds

Can the tax foreclosure sale be stopped or redeemed?

Yes, property owners can stop the foreclosure by paying all taxes, interest, fees, and costs up until the sale is confirmed by the court.

Where can I find the list of properties and sale dates?

The lists are posted on the bulletin board in the courthouse, the local newspaper, and on the Johnston County Tax Department website.

What happens if the successful bidder does not complete the purchase?

The bidder risks losing their deposit and may face civil or contempt charges for failing to honour the bid.

What kind of deed will I receive if I win the bid?

You will receive a commissioner’s deed, which clears most claims against the property, except for current year taxes.

For more detailed information, visit the Johnston County Tax Administration website​​.

Need a Hand?

If you need assistance or guidance with tax deed investing, feel free to reach out. We offer free resources and consultations to help you make the most of your investment opportunities. Consider booking a call for personalized support.

Stay informed and make the most of this unique investment opportunity in Johnston County, North Carolina!

Sign up or log in to view the full content.

Join Us

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

Share this Doc

Johnston County

Or copy link

Loudon County

Loudon County, TN Tax Sales: A Complete Guide for Buyers Loudon County, Tennesse

Blount County

Blount County, TN Tax Sales: Your Complete Guide to Buying Properties at Auction

Roane County

Roane County, TN Tax Sales: A Complete Guide for Buyers Roane County, Tennessee,

Sullivan County

Sullivan County, TN Tax Sales: A Complete Guide for Buyers Sullivan County, Tenn

Marshall County

Marshall County, TN Tax Sales: A Complete Guide for Buyers Marshall County, Tenn

Dickson County

Dickson County, TN Tax Sales: A Step-by-Step Guide for Buyers Dickson County, Te

Giles County

Giles County, TN Tax Sales: A Complete Guide for Buyers Giles County, Tennessee,

Henderson County

Henderson County, TN Tax Sales: A Step-by-Step Guide for Buyers Henderson County

Carter County

Carter County, TN Tax Sales: How to Buy Properties at Auction Tax sales in Carte

Unicoi County

Unicoi County, TN Tax Sales: Your Guide to Buying Tax-Delinquent Properties Unic

Washington County

Washington County, TN Tax Sales: How to Buy Properties at Auction Washington Cou

Robertson County

Sign up or log in to view the full content. Join Us Learn how to get 18-36% retu

Chat Icon Close Icon