2024 randolph county sheriff sales The properties that are subject to Sheriff Sales in Randolph County include both residential and commercial properties, as well as vacant land. These properties have been seized by the county due to the owner's failure to pay property taxes, or as a result of a court order to satisfy a judgment or lien. The Sheriff Sales are advertised in local newspapers and on the Randolph County Sheriff's Office website for four consecutive weeks prior to the sale date. The advertisement includes a legal description of the property, the street address, the minimum bid price, and the date, time, and location of the sale. Interested bidders must register with the Sheriff's Office prior to the sale and provide a deposit of 5% of the minimum bid price. The deposit must be in the form of a cashier's check or money order, made payable to the Randolph County Sheriff. Personal checks are not accepted. The Sheriff Sales are conducted as live auctions, with the bidding starting at the minimum bid price. The highest bidder is required to pay the full purchase price, including any additional fees and taxes, at the conclusion of the sale. The successful bidder will receive a Sheriff's Deed, which transfers ownership of the property to the bidder.
Properties that do not receive a minimum bid at the Sheriff Sale may be subject to a second sale, known as a "upset bid" sale. During the upset bid period, which lasts for 10 days following the Sheriff Sale, any interested party may submit a higher bid for the property. The minimum bid for an upset bid is the high bid from the Sheriff Sale, plus 5%. If there are no upset bids during the 10-day period, the property will be deeded to the successful bidder from the Sheriff Sale. If there are upset bids, the property will be sold to the highest bidder at a subsequent upset bid sale. Randolph County Sheriff Sales provide an opportunity for investors and homebuyers to purchase properties at a discounted price. However, it is important to thoroughly research the property and understand the terms of the sale before participating in the auction. Randolph County Sheriff Sales refer to the public auctions of properties in Randolph County, North Carolina, which have been foreclosed due to non-payment of real estate taxes or other liens. The Sheriff Sales are conducted by the Sheriff's Office of Randolph County, under the authority of the North Carolina General Statutes. The properties that are subject to Sheriff Sales in Randolph County include both residential and commercial properties, as well as vacant land. These properties have been seized by the county due to the owner's failure to pay property taxes, or as a result of a court order to satisfy a judgment or lien. The Sheriff Sales are advertised in local newspapers and on the Randolph County Sheriff's Office website for four consecutive weeks prior to the sale date. The advertisement includes a legal description of the property, the street address, the minimum bid price, and the date, time, and location of the sale. The Sheriff Sales are conducted as live auctions, with the bidding starting at the minimum bid price. The highest bidder is required to pay the full purchase price, including any additional fees and taxes, at the conclusion of the sale. The successful bidder will receive a Sheriff's Deed, which transfers ownership of the property to the bidder. It is important to note that properties sold at Sheriff Sales are sold "as is," without any warranties or representations regarding the condition of the property. Prospective bidders are encouraged to inspect the property prior to the sale and to conduct their own due diligence.
Randolph County Sheriff Sales provide an opportunity for investors and homebuyers to purchase properties at a discounted price. However, it is important to thoroughly research the property and understand the terms of the sale before participating in the auction.
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