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 COMMISSIONERS 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.
When making upset bids on these properties you will need the File# associated with each individual property listed below. All upset bids are given at the Clerk of Courts Office located in the Center Circle in downtown Graham, at the Historic Courthouse on the first floor in the Civil Division. The upset bid amount will be different based on the last amount that was upset, $750.00 is the minimum amount required for any upset bid amount that is 15,000.00 and under, and any upset bid over and above $15,000.00 the deposit required will be 5% of the last bid given. All deposits are refunded if you are not the last and highest bidder at the end of the sale. However, all monies are not refunded until the end of our sale. For information on last upset bid amounts please contact Clerk’s Office at 336-570-5203.
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 Clerk’s Office or checking on our website for Upset Bids.