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

The Tax Department takes tax foreclosures really seriously. Before proceeding with any legal action, notification is offered to the taxpayer by phone, letters, notices, and so on. The Tax Department just forecloses if there is no response 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 might 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 specified details on this design of foreclosure can be found by evaluating the basic statute (G.S. § 105-375) 2. Mortgage Style: The County will refer the account to an outside lawyer who will deal with all aspects of the foreclosure proceeds. The tax liens on genuine residential or commercial property in North Carolina go through foreclosure in a way comparable to bank foreclosures. More defined details on this design of can be found by reviewing the general statute (G.S. § 105-374). Other helpful details concerning 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 should be mindful that there is a threat. The County does not ensure or provide any guarantee. Pursuant to state law, when bidding at a public sale, bidders become personally responsible and responsible for their quotes. It depends on the bidder to understand precisely what they are bidding on. The County will not reverse a sale and refund the purchase rate or deposit due to the fact that 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 quote is less than the original winning quote, a default judgment will be entered against the defaulting bidder for the loss. At the discretion of the Sheriff, defaulting bidders may be barred from making subsequent quotes at any foreclosure sale conducted by Hoke County.

Notice of Sale: All sales will be promoted in a newspaper that satisfies the requirements of basic circulation as required, prior to the sale date. Additional details may be published 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 actions of the county court house scheduled at the discretion of the appointed commissioner carrying out the sale. Sales will be made to the last and greatest bidder and each residential or commercial property will be offered "as is" and without warranty. Each sale may undergo further outstanding taxes and any regional improvement assessments 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 going to the sale on the courthouse steps the day the sale is to happen. 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 quantity needed for the opening bid. The person performing the sale will announce the real opening quote 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 quote must be paid at the end of the ten-day duration and verification of the sale. Funds should be accredited funds made payable to the correct entity that handled the auctioned residential or commercial property. The Attorney or the Sheriff's office may, at its discretion, determine and allow a sensible time within which to provide the effective quote quantity, but under no scenarios will the time be reached the day following the sale. Bids are exposed for upset quotes ten days after the sale date. You will be notified that an upset bid has been received. At that time you will have the choice to place a higher quote. Any upset quotes must be made in individual at the Hoke County Clerk of Superior Court.
Upset Bid process: An individual 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 go beyond the present quote by five percent (5%) or $750.00 whichever is greater. To make an increased quote a deposit of five percent (5%) of the amount of the brand-new high quote, or a minimum of $750.00, must be provided to the Clerk of Superior Court by cash or licensed check or cashier's check acceptable to the Clerk.
Final Bid Process: After the time for submitting an upset quote has expired, G.S. 1-339.67 offers an order of confirmation to be gotten in. No sale may be consummated till verified by the Clerk of Superior Court. The final bidder will be called and arrangements will be made for full payment, which will be due in the type of a certified funds made payable to the appropriate entity that dealt with the auctioned residential or commercial property. Bids accepted at auction and distressed throughout the 10 (10) day duration should be paid completely within ten (10) days after the upset bid deadline.
Deed Preparation: Buyer ought to call the entity that carried out the sale.
How to stop the procedure: State law provides that any owner, mortgage holder, or accused in a submitted tax foreclosure proceeding can stop the foreclosure process at any time by redeeming the residential or commercial property. The redemption price amounts to the taxes, interest costs, 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.