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Tax Lien Certificates - Tax Deed Sales
in North Carolina NC
North Carolina does not conduct tax lien sales. Tax deed sales are called property tax foreclosure sales. Here is a summary of information for tax sales.
Interest Rate
Tax lien sales are not conducted.
Redemption Period
No extended right of redemption following tax deed sales.
North Carolina Tax Lien Certificate Auctions
Tax lien sales are not offered. Deed sales are held in December.
North Carolina Tax Deed or Tax Foreclosure Sales
The state also conducts formalized tax foreclosure or tax deed sales about 4 times per year.
Bidding Process
All tax sales are by competitive bid. There is a 10-day upset period after the sale. During that period anyone can trigger a resale by bidding the greater of 5% or $750.
State-Specific Information
North Carolina is a decent tax sale state because the state conducts both tax lien and tax deed sales and the tax foreclosure sales are 4 times per year, so the state has many bidding opportunities.
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