Tax Foreclosed Property Details

Opening Bid

(The amount the bidding will start at for the upcoming auction) The price indicated for each lot as an “Opening Bid” is the approximate amount required for the opening bid. The person conducting the sale will announce the actual opening bid for each property at the time of sale. A deposit of twenty percent (20%) of the bid will be required following the sale, and the balance of the price bid must be paid at the end of the ten day period and confirmation of the sale.

Current Bid

The current bid on the property, as shown below, is subject to an increased bid, or upset bid, for a period of ten (10) days. If the tenth day is a weekend or holiday the bid remains open through the next business day. However, the owner of the property being foreclosed retains the right to redeem the property during this ten (10) day period.

Properties that have a current bid amount due with a “bid expires” date have already been sold on the Courthouse steps. These properties are currently available for upset bidding.

Upset Bid

A person interested in making an increased bid should go to the Office of the Clerk of Superior Court on the first floor of the Buncombe County Courthouse. The increased bid must exceed the current bid by five percent (5%) or $750.00 whichever is greater. To make an increased bid you will need to go to the Clerk of Superior Court and fill out the bid form (AOC-CV-414) and place a deposit (certified check or cashier's check). Each time an upset bid is placed, the (10) day period will start over. The bidding ends when there are no additional bids made within a (10) day time period. If you are an out of town/state bidder, you can contact the Clerk of Court at (828) 259-3400 on how to bid.