Orange County NC Website
2 <br /> The In Rem Foreclosure process includes an extensive title search, notice to all owners and <br /> lienholders, docketing a judgment with the Clerk of Court, and sale of the property at public auction <br /> after a three-month waiting period. The Sheriff conducts the sale of the property at the Orange <br /> County Courthouse, a report of sale is filed with the Clerk of Court, and the upset bid period <br /> begins. Once a successful upset bid period has expired, and the Tax Office receives payment in <br /> full from the high bidder, the high bidder receives a non-warranted sheriff's deed. <br /> FINANCIAL IMPACT: There is no financial impact associated with this item. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated <br /> with this item. <br /> ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br /> impact associated with this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve and authorize the <br /> Chair to sign the attached resolution. <br />