How Can You Secure a Property at 40-90% Discount? – Randolph County, North Carolina Tax Deed Investing

Are you looking for properties below market value in today’s inflated real estate market? Look no further! You can purchase properties through Randolph County, North Carolina’s Tax Foreclosure Sales. These sales take place frequently, often monthly, at the Randolph County Courthouse. Here’s how you can get started:

Discover Deals at Randolph County Tax Foreclosure Sales

Auction Details:

  • Location: Randolph County Courthouse, 176 E. Salisbury Street, Asheboro, NC 27203
  • Time: Sales start at 10:00 AM. Be sure to register 15-30 minutes before the auction begins.
  • Frequency: Monthly (check the Randolph County website for specific dates).

If you’re bidding for someone else, remember to bring the proper paperwork. The sheriff starts the auction based on what’s owed in taxes and fees. If you win, you’ll need to head to the Clerk’s Office to make your deposit by 4:00 PM. Properties are sold “AS IS,” so make sure to do your due diligence before the sale. Note that your bid can be challenged for 10 days. If no one tops your bid and the court confirms it, the property is yours once you complete the full payment and receive the Sheriff’s Deed.

Important Details

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Sale DateMonthly (check county website for exact dates)
Bid ProcedurePremium Bid
DepositRequired by 4:00 PM on the day of the sale
Redemption Period10 days for upset bids
Interest RateN/A
ContactRandolph County Tax
LocationRandolph County Courthouse, Asheboro, NC
Randolph County  North Carolina Courthouse

Pro Tips

  1. Do Your Research: Verify property details and understand what you’re bidding on.
  2. Check for Encumbrances: Properties are sold “AS IS,” so they may come with other liens or issues.
  3. Prepare for Competition: Your bid can be upset within a 10-day period. Be ready to increase your offer if needed.

Fun Facts About Randolph County

  • Population: As of the 2020 census, Randolph County has a population of around 148,000 people​.
  • Economic Backbone: Known for its strong ties to agriculture, Randolph County has a rich farming history. The county’s economy also includes manufacturing, textiles, and furniture production.
  • Outdoor Activities: Randolph County is home to North Carolina’s Natural Heritage Areas, like the Uwharrie National Forest, perfect for hiking, camping, and exploring

FAQs About Randolph County Tax Deed Sales

Q: What is a Tax Deed Sale?
A Tax Deed Sale is when the county sells a property that has unpaid taxes. The highest bidder wins the property, and they receive a deed to the property after paying the full amount.

Q: How do I know if the property is worth bidding on?
Use the Property Identification Number (PIN) to view maps and property details on the county’s website. Be sure to investigate any possible issues before bidding​

Q: Can I bid for someone else?
Yes, but you must bring the proper paperwork, like a Power of Attorney, if you’re bidding on behalf of another person​

Need a Hand?

If you need help navigating the tax deed investing process, don’t hesitate to reach out. You can book a call and access free resources to guide you through your investment journey. Feel free to ask questions below to get more personalized advice.

Happy investing! Remember, every successful bid brings you one step closer to securing a valuable property at a significant discount.

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