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County Courthouse Auction Type: Tax Deed |
If Buncombe county, North Carolina is unable to collect real estate property taxes they are also unable to provide important government services like police protection, public schooling and medical services.
Unpaid property taxes create a serious cashflow problem for Buncombe county, North Carolina.
Property taxes that are delinquent are added to any previously uncollected taxes on a parcel of Buncombe county. Parcels whose taxes are subject to sale will be advertised in a Buncombe county newspaper of general circulation. They are listed by sequence number. Parcels fall into 1 of 2 groups. Each group is sorted by parcel number.
The advertisement appears about three to six weeks before the Buncombe county tax sale auction and is also posted on the Internet.
To solve this problem Buncombe county, North Carolina allows investors to pay off these taxes. In exchange the investor receives the Buncombe county, North Carolina lien for taxes. A tax lien is simply a claim for delinquent taxes.
Why would investors do this?
Well, depending on North Carolina laws and competition, savvy Buncombe county tax sale investors can realize high-yielding returns with North Carolina tax lien certificates and/or purchase real estate for a fraction of its true market value with North Carolina tax deeds.
| Name: | Position: | Email: |
| Nathan Ramsey | Chair Commissioner | nathan.ramsey@buncombecounty.o |
| David Gantt | Commissioner | david@davidgantt.com |
| Carol Peterson | Commissioner | |
| William Stanley | Commissioner, Vice Chair | bill.stanley@buncombecounty.or |
| David Young | Commissioner | davidy@fugazync.com |
| Bobby Medford | Sheriff | bobby.medford@buncombecounty.o |
| Kathy Hughes | County Clerk, Public Information Of | kathy.hughes@buncombecounty.or |
| Otto Debruhl | Register of Deeds | otto.debruhl@buncombecounty.or |
Please contact the county to get the most current information. To report any errors, updates, deletions or additions click here.
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