All sales are performed by RKS Law Firm on the front actions of the Hoke County Courthouse at 304 North Main Street, Raeford North Carolina.

The Tax Department takes tax foreclosures really seriously. Before continuing with any legal action, notification is offered to the taxpayer by phone, letters, notifications, etc. The Tax Department only forecloses if there is no action from the taxpayer after action is taken or if the taxpayer does not follow through with an agreed-upon payment arrangement made with the Tax Department. A tax foreclosure can begin at any date after January 5th of the present year that is being gathered.

Tax foreclosure sales may be processed by one of two procedures:

1. In-Rem Foreclosures: The Tax Department and the Hoke County Sheriff's Office will deal with all elements of the foreclosure procedures. More defined information on this style of foreclosure can be found by reviewing the basic statute (G.S. § 105-375) 2. Mortgage Style: The County will refer the account to an outdoors lawyer who will handle all aspects of the foreclosure earnings. The tax liens on real residential or commercial property in North Carolina undergo foreclosure in a way comparable to bank foreclosures. More defined info on this style of foreclosure can be found by examining the general statute (G.S. § 105-374).
Other handy info relating to Tax Foreclosures

ALL SALES ARE FINAL. BUYER BEWARE. WE OFFER THE PROPERTIES ON A 'WHERE IS' AND 'AS IS' BASIS. THE COUNTY MAKES NO REPRESENTATION OF WARRANTY, EXPRESS OR IMPLIED. IT IS THE BUYER'S RESPONSIBILITY TO INVESTIGATE THE RESIDENTIAL OR COMMERCIAL PROPERTY PRIOR TO BIDDING.

Anyone considering buying residential or commercial property at a tax foreclosure sale must understand that there is a threat. The County does not ensure or supply any guarantee. Pursuant to state law, when bidding at a public sale, bidders become personally accountable and accountable for their bids. It is up to the bidder to understand exactly what they are bidding on. The County will not overturn a sale and refund the purchase rate or deposit because a bidder did not know what they were bidding on.

If a bidder stops working to follow through with their winning bid, the bidder will forfeit the deposit and the residential or commercial property will be resold. If the next bid is less than the initial winning quote, a default judgment will be entered versus the defaulting bidder for the loss. At the discretion of the Sheriff, defaulting bidders might be disallowed from making subsequent bids at any foreclosure sale conducted by Hoke County.

Notice of Sale: All sales will be advertised in a newspaper that meets the requirements of general circulation as needed, prior to the sale date. Additional info may be posted to the County's website to assist with promoting the sale and opening quote.

Location on Sale: Foreclosure sales will be dealt with by a public auction on the front steps of the county courthouse set up at the discretion of the assigned commissioner conducting the sale. Sales will be made to the last and greatest bidder and each residential or commercial property will be sold "as is" and without service warranty. Each sale might be subject to even more exceptional taxes and any local improvement assessments against the residential or commercial property not included in the judgment.

Bidding on an auction residential or commercial property: You can bid on any residential or commercial property by participating in the sale on the court house steps the day the sale is to happen. The rate for each residential or commercial property has an Approximated Opening Bid set prior to the date of the sale. This is the approximate quantity required for the opening bid. The individual carrying out the sale will reveal the real opening bid for each residential or commercial property at the time of sale. A deposit of 5 percent (5%) or $750.00 whichever is greater and the balance of the rate quote should be paid at the end of the ten-day duration and confirmation of the sale. Funds should be certified funds made payable to the appropriate entity that handled the auctioned residential or commercial property. The Attorney or the Sheriff's office may, at its discretion, figure out and allow a sensible time within which to deliver the successful bid quantity, however under no circumstances will the time be extended to the day following the sale. Bids are exposed for upset quotes ten days after the sale date. You will be informed that an upset bid has actually been received. At that time you will have the alternative to place a greater quote. Any upset quotes should be made in individual at the Hoke County Clerk of Superior Court.

Upset Bid process: An individual interested in making an increased quote needs to go to the Office of the Clerk of Superior Court at the Hoke County Courthouse. The increased quote must exceed the present bid by five percent (5%) or $750.00 whichever is higher. To make an increased quote a deposit of 5 percent (5%) of the quantity of the brand-new high bid, or a minimum of $750.00, should be delivered to the Clerk of Superior Court by money or licensed check or cashier's check acceptable to the Clerk.

Final Bid Process: After the time for submitting an upset bid has actually ended, G.S. 1-339.67 provides for an order of confirmation to be gone into. No sale may be consummated till verified by the Clerk of Superior Court. The final bidder will be called and arrangements will be produced complete payment, which will be due in the kind of a certified funds made payable to the proper entity that dealt with the auctioned residential or commercial property. Bids accepted at auction and disturbed during the ten (10) day period need to be paid completely within ten (10) days after the upset bid deadline.

Deed Preparation: Buyer ought to call the entity that conducted the sale.

How to stop the procedure: State law supplies that any owner, mortgage holder, or offender in a filed tax foreclosure case can stop the foreclosure process at any time by redeeming the residential or commercial property. The redemption price amounts to the taxes, interest charges, and expenses of the foreclosure continuing to the date of the redemption. If payment is made after the tax sale, but prior to the verification of the sale, that is, within 10 days of the sale or any resale, the judgment will be satisfied and the proceedings halted.


ALL PROPERTIES ARE SOLD IN "AS IS" CONDITION. INTERESTED PARTIES ARE ENCOURAGED TO RESEARCH ALL PROPERTIES THOROUGHLY PRIOR TO SALE AND BEFORE BIDDING ON A RESIDENTIAL OR COMMERCIAL PROPERTY.