Property description updated with
new details
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Previous Description:
Current minimum bid to upset is 262,500. 10-day upset period to start within one week of 1Feb2023. No OPC needed - just go to courthouse to enter bid. House zoned O&I. Needs significant work, but this 1980's construction is much closer to current code than many older downtown homes. This is a court-ordered sale, and it is subject to Wake County Court approval. This means the commissioner will sign the best offer we receive (with a court approval contingency), and then that price/contract will be subjected to the 10-day upset bid period. The commissioner of the sale makes no representations about the house/property and will not renegotiate price or repairs during diligence period. This is a completely as-is sale.
Updated Description:
Current minimum bid to upset is 262,500. 10-day upset period to start within one week of 1Feb2023. No OPC needed - just go to courthouse to enter bid. House zoned O&I. Needs significant work, but this 1980's construction is much closer to current code than many older downtown homes. This is a court-ordered sale, and it is subject to Wake County Court approval. This means the commissioner will sign the best offer we receive (with a court approval contingency), and then that price/contract will be subjected to the 10-day upset bid period. The commissioner of the sale makes no representations about the house/property and will not renegotiate price or repairs during diligence period. This is a completely as-is sale.
