BEST ANSWER
Yamy, do you mean you 'found' this house? The best thing to do if it's one you are really interested in is go down to the county building on French Street and go the Sheriff's office. Someone there will help you look up the property and find out what the status is. Foreclosures can take as long as a year to finalize. The sheriff's sale process itself is fairly straightforward. You need a Cashier Check for $5,000 when you go to the sale. Then you need to be prepared to give them 10% of the sale price immediately after the sale if your bid is accepted. Next you must be prepared to close on the property within 30 days. These are considered 'Cash Sales'. They don't care how you get the money, but they want to paid in full within 30 days. So if you have to have financing you need to get that pre-arranged. Go to this web site for more information: http://www.nccde.org/sheriff/home/webpage1.asp
All property is sold 'As Is'.
Thu Jun 18 2009, 16:30