Oct 15, 2026 · in 14 days
Frequently used before resale/finance given high Triangle values and title-insurer caution on tax deeds.
North Carolina in rem tax foreclosure county (N.C.G.S. §105-375). Orange County Tax Collector seizes after other remedies; Orange County Sheriff conducts auctions on the Orange County Courthouse steps (106 E. Margaret Lane, Hillsborough). Advertised ~two weeks prior in News of Orange or Chapel Hill Herald. Highest bidder generally pays successful bid in full (cash/certified to Sheriff) at sale subject to confirmation — not a small deposit-only model. 10-day upset period at Clerk of Superior Court. Research Triangle / Chapel Hill–Carrboro–Hillsborough market; inventory of tax sales is often thin.
Inherited from North Carolina rather than researched for Orange: type, redemption, returns, statute.
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Spread is not profit.It compares the opening bid to the county's assessed value, which is not market value — N.C. Gen. Stat. § 105-283 requires all property to be appraised at its true value in money, which the statute defines as market value. There is no classification ratio and no county variation in the ratio itself — only in how recently it was measured. Open a parcel to run the full max-bid analysis, which accounts for the assessment ratio, surviving liens, quiet title, and holding costs.