Securing your first

[Richard Pennington]

Any guidance or just scheduled phone calls to give me the basic rundown of how to secure my first tax lien in the state of North carolina. I stay in the Raleigh area just need some basics to get started and to get accustomed to the process.

[Don McAlpine]

The majority of NC tax deed sales are conducted in person at the county courthouse. July has 115 auctions scheduled across the state, 25 in August and eight in September.  To get a list of properties visit each county's web site.

Be aware that NC has an "upset bid" system that favors in-state investors.  Any bidder can top your bid within 10 days of your "winning" bid, and the bid must be made in person at the county offices.

You would be wise to learn more than the "basics" before bidding.  Buying a deed should never be the goal, but rather buy a deed that will lead to a profit.