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

The Tax Department takes tax foreclosures extremely seriously. Before proceeding with any legal action, notification is provided to the taxpayer by phone, letters, notifications, and so on. The Tax Department only forecloses if there is no reaction 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 start at any date after January 5th of the existing year that is being collected.

Tax foreclosure sales may be processed by one of 2 treatments:

1. In-Rem Foreclosures: The Tax Department and the Hoke County Sheriff's Office will deal with all elements of the foreclosure proceedings. More specified information on this style of foreclosure can be found by evaluating the general statute (G.S. § 105-375) 2. Mortgage Style: The County will refer the account to an outdoors attorney who will manage all elements of the foreclosure profits. The tax liens on real residential or commercial property in North Carolina are subject to foreclosure in a manner similar to bank foreclosures. More specified info on this design of foreclosure can be discovered by examining the basic statute (G.S. § 105-374). Other valuable information 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.
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Anyone thinking about buying residential or commercial property at a tax foreclosure sale ought to be mindful that there is a risk. The County does not ensure or provide any guarantee. Pursuant to state law, when bidding at a public sale, bidders end up being personally responsible and responsible for their bids. It is up to the bidder to understand exactly what they are bidding on. The County will not reverse 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 quote, the bidder will forfeit the deposit and the residential or commercial property will be resold. If the next quote is less than the initial winning bid, a default judgment will be gone into versus the defaulting bidder for the loss. At the discretion of the Sheriff, defaulting bidders may be barred from making subsequent bids at any foreclosure sale carried out by Hoke County.

Notice of Sale: All sales will be advertised in a paper that fulfills the requirements of basic flow as needed, prior to the sale date. Additional info might be published to the County's site to help with advertising the sale and opening quote.
Location on Sale: Foreclosure sales will be dealt with by a public auction on the front actions of the county court house scheduled at the discretion of the assigned commissioner carrying out the sale. Sales will be made to the last and highest bidder and each residential or commercial property will be offered "as is" and without guarantee. Each sale might undergo further exceptional taxes and any regional improvement evaluations versus 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 in the sale on the court house steps the day the sale is to take location. The price for each residential or commercial property has an Approximated Opening Bid set prior to the date of the sale. This is the approximate amount needed for the opening bid. The individual carrying out the sale will reveal the actual opening bid for each residential or commercial property at the time of sale. A deposit of five percent (5%) or $750.00 whichever is higher and the balance of the price bid must be paid at the end of the ten-day duration and confirmation of the sale. Funds must be accredited funds made payable to the correct entity that managed the auctioned residential or commercial property. The Attorney or the Sheriff's office may, at its discretion, determine and allow a reasonable time within which to provide the effective quote amount, but under no circumstances will the time be reached the day following the sale. Bids are left open for upset bids 10 days after the sale date. You will be notified that an upset quote has been received. At that time you will have the alternative to place a greater quote. Any upset quotes must be made face to face at the Hoke County Clerk of Superior Court.
Upset Bid procedure: A person thinking about making an increased bid must go to the Office of the Clerk of Superior Court at the Hoke County Courthouse. The increased quote must surpass the current quote by 5 percent (5%) or $750.00 whichever is higher. To make an increased quote a deposit of 5 percent (5%) of the amount of the brand-new high bid, or a minimum of $750.00, must be delivered to the Clerk of Superior Court by money or accredited check or cashier's check satisfying to the Clerk.
Final Bid Process: After the time for sending an upset bid has expired, G.S. 1-339.67 offers an order of verification to be entered. No sale may be consummated up until confirmed by the Clerk of Superior Court. The last bidder will be contacted and arrangements will be produced full payment, which will be due in the kind of a qualified funds made payable to the correct entity that dealt with the auctioned residential or commercial property. Bids accepted at auction and disturbed throughout the 10 (10) day period should be paid in full within 10 (10) days after the upset quote due date.
Deed Preparation: Buyer must get in touch with the entity that carried out the sale.
How to stop the process: State law provides that any owner, mortgage holder, or defendant in a submitted tax foreclosure proceeding can stop the foreclosure process at any time by redeeming the residential or commercial property. The redemption price is equivalent to the taxes, interest fees, and expenses of the foreclosure proceeding to the date of the redemption. If payment is made after the tax sale, but prior to the confirmation of the sale, that is, within ten days of the sale or any resale, the judgment will be pleased 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.