How About 40-90% Off Deals? – Robeson County – North Carolina Tax Deed Investing

Are you looking for an exciting investment opportunity in real estate? Look no further than Robeson County, North Carolina’s tax foreclosure sales. These sales offer a unique chance to acquire properties at significant discounts, often between 40-90% off market value. With low entry costs and the potential for high returns, tax deed investing in Robeson County could be your next big move.

Understanding Tax Deed Sales

Tax deed sales in Robeson County occur when property owners fail to pay their property taxes. The county auctions off these properties to recover the owed taxes. Here’s how it works:

  • Process Overview: The county files a tax foreclosure complaint. After serving the notice to interested parties and waiting for the answer period (30-45 days), a summary judgment hearing is held. Once the sale date is set, the property is auctioned at the county courthouse.
  • Auction Details: Auctions are typically held on Tuesdays at noon, and properties are listed on the county website at least 20 days in advance.
  • Winning a Bid: A 20% deposit in cash or certified funds is required immediately after winning a bid. The bid remains open for 10 days to allow for higher bids. If none are made, the winning bidder must pay the remaining amount and will receive a Commissioner’s Deed.

Steps to Start Tax Deed Investing in Robeson County

  1. Research and Understand Local Laws

    It’s crucial to understand the legal framework governing tax sales in Robeson County. You can find key regulations on the county’s official website.
  2. Visit the Local Treasurer’s Website

    You can visit the Robeson County Tax Department website and the Tax Foreclosure Sale Information page for tax deed sale information.
  3. Check the Auction Site

    They hold the Auctions at the Robeson County Courthouse. You can find detailed information about upcoming sales on the Bid4Assets auction site.
  4. Read the Details About Tax Deeds

    Ensure you understand the sale schedule, parcel inquiries, and other essential details. Properties are sold “as is,” so thorough research is essential.
  5. Contact the County Office

    For additional inquiries, you can contact the county office at 910-671-3000.

Important Details

DetailInformation
Tax Sale TypeTax Deed Sale
Typical Date of SaleAny given Tuesday at 12 noon
Bid ProcedurePremium Bid
Deposit20% in cash or certified funds
Sale ContactRobeson County Tax Department
Auction SiteRobeson County Courthouse
County WebsiteRobeson County
Robeson County North Carolina Courthouse

Pro Tips

  • Always do your due diligence before bidding. Research property details and potential liens.
  • Make sure you have immediate access to the deposit funds required after winning a bid.

Attractions and Economic Highlights

  • Popular Attractions: Explore local parks, theatres, and historic sites in Robeson County.
  • Transportation Infrastructure: The area is accessible via well-maintained roads and nearby airports.
  • Economic Development: Key growth sectors include agriculture, technology, and manufacturing.
  • Community Appeal: Enjoy outdoor recreational activities, entertainment options, and historical attractions.

Frequently Asked Questions

  1. What happens if I win a bid at a tax deed sale?

    You must pay a 20% deposit immediately and complete the payment within 10 days if no one places a higher bid.
  2. Are tax deed sale properties free of other liens?

    They sell the Properties “as is,” so it’s crucial to research any existing liens or issues beforehand.
  3. Where can I find information on surplus properties?

    The county lists surplus properties on its website, and you can make an offer by contacting the tax department.

Useful Links

Need a Hand?

If you’re new to tax deed investing or need guidance, consider booking a call with a tax lien investing expert or accessing free resources available online. Don’t hesitate to engage or ask questions on forums dedicated to tax lien and deed investing.

By keeping these steps in mind, you can successfully navigate the exciting world of tax deed investing in Robeson County. Happy investing!

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