Our next Tax Foreclosure Sale will be determined at a later date. They are always held at the Historic Courthouse down town Graham #1 Court Square, Graham, NC at 12:00 Noon
ALL PROPERTIES ARE SOLD IN “AS IS” CONDITION. INTERESTED PARTIES ARE ENCOURAGED TO RESEARCH ALL PROPERTIES THOROUGHLY PRIOR TO OUR SALE AND BEFORE BIDDING ON ANY PROPERTY.
THIS IS A BUYER BEWARE SALE. ALL SALES ARE FINAL. THESE PROPERTIES ARE SOLD ON AN “AS IS, WHERE IS” BASIS. THE COUNTY MAKES NO REPRESENTATION OF WARRANTY, EXPRESS OR IMPLIED. IT IS THE BUYER’S RESPONSIBILITY TO INVESTIGATE THE PROPERTY PRIOR TO BIDDING.
- Anyone considering purchasing property at a tax foreclosure sale should be aware that there is a risk. The County does not guarantee or provide any warranty.
- It is important to know that the deed description of the property or properties contained in this ad may or may not be the exact description of what is actually being sold. The property to be sold is that property contained in the deed description SAVE AND EXCEPT ANY CONVEYANCES OF RECORD. In other words, the deed description may include portions of land that have already been sold off by the current owner, portions that are NOT subject to the sale.
- It is the bidders responsibility to check on the status of their upset bid with the Alamance County Clerk of Superior Court.
- Properties that are sold maybe subject to IRS Tax Liens, City/County Taxes for any years not covered under our judgment, and other restrictions of record.
- It is the buyers responsibility to research and obtain information regarding these properties prior to the sale.
PURCHASER WILL RECEIVE A NON-WARRANTY COMMISSIONER’S DEED AT THE END OF THE SALE.
The deed description may include portions of land that have already been sold off by the current owner and are NOT subject to the sale.
If a bidder fails to follow through with their winning bid, the bidder will forfeit their deposit and the property will be resold. If the next bid is less than the original winning bid, a default judgment will be entered against the defaulting bidder for the loss.
The Notice of Upset Bids will be mailed by first class mail in accordance with N.C.G.S. 1-339.64, however, you are advised to check the status of current bids by either calling the Clerks Office or checking on our website for Upset Bids.
Our tax foreclosure sales are based off of delinquent property taxes that are due to Alamance County and any city, or municipality in Alamance County. The properties are sold for the taxes owed to Alamance County and or any City along with fees that are associated with the preparation of these sales. Foreclosures are held throughout the year and held at the Historic Courthouse located at #1 Courthouse Square, Graham, NC. Notices of Sale are advertised for two weeks prior to the sale in the Alamance News in Graham, NC. The highest bidder at public sale shall be required to pay a deposit of 5% the day of sale. The deposit must either be in cash or certified funds. There is a 10-day upset bid period that runs with every sale. After the 10th day, if you are the highest bidder, our office will contact you to set up an appointment for the remaining balance to be brought in within (10) ten days and the deed transferred. If, however there, were upset bids made within the 10 day period, the Clerk of Court will contact you by first class mail to let you know that your bid has been upset. You then have to decide if you are interested in staying in the bidding or not. The upset bids are handled through the Clerk of Courts office, located at #1 Courthouse Square in the Civil Department. Upset Bids are based on the last bid amount. The deposit for upset bids are as follows: $750.00 is the minimum amount required for any bid amount that is under $15,000.00, and any bid over and above $15,000.00 the deposit required will be 5% or any amount greater than or equal to five percent of the last bid given. The Clerk requires cash or certified funds. If you decide to drop out of the bidding process you will receive your deposit back, however, only after the file has been officially closed. So, please remember that this money could potentially be tied up for weeks if there are upset bids. If you have questions or concerns regarding these listings, please contact the Alamance County Legal Department at (336) 570-4049. Properties that do not sell on the day of the sale will be sold at our Sale. ALL PROPERTIES ARE SOLD “AS IS, WHERE IS.”