Rick Drumm

Rick Drumm
Outer Banks Blue
Kitty Hawk, NC 27949

252-305-9999
Contact Me

Don't Miss Out On Your Favorite Listings
As They Come On The Market; Or, Drop In Price!

Sign Up!
FREE Email Updates!
*Contact Information Will Not Be Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

Courthouse Sales

Bank Sales of homes in foreclsoure are held at the Dare and Currituck County courthouse and are not listed for sale anywhere else - you must physically go to the courthouse - attend the sale - and place your bid.  If there are no bids - the bank will take the property back and hire a real estate firm to list the home in the MLS.  Often times, the best deal for a home will be the day it goes to sale at the courthouse, not always, but often.

Contact me immediately if you have an interest in any of these properties.  Once we prepare a Buyer's Agency Agreement - I can help you acquire one of these properties. You will have at most 10 days to make your purchase decision, and in that 10 day time frame we need to gather up as much info on the property as possible - including a preliminary title search to look for any unsatified liens.  Homes are sold as-is where-is and often times there is no access permitted before or during the sale.

A 5% deposit is required - 5% of the bid amount - and it must be certified funds.  There is a 10 day upset bid period. The high bid remains unless another bid comes in during that 10 day period - and the upset bid must be 5% higher than the previous bid.  Once the 10 day period expires, the last bid on the property becomes the winning bid - and then you can proceed toward closing using whatever means that you would normally do under a conventional purchase.  You'll be given about 30 to 45 days to close.

I can answer all of your questions and highlight your expected costs to close and detail the whole process. The high bidder pays the real estate commission, transfer tax, title search, attorney fee, any costs associated with financing, and recording fees.

CLICK HERE IF YOU WOULD LIKE TO HIRE ME AS YOUR BUYER'S AGENT AND I WILL EMAIL YOU THE BUYER AGENCY FORM WITH TERMS AND CONDITIONS.

Copyright © 2017 Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS®. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Neither the Outer Banks Association of REALTORS® nor Outer Banks Blue shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-07-24.



Rick Drumm | 252-305-9999 | Contact Me
3732 N Croatan Hwy Box 1220 - Kitty Hawk, NC 27949
Copyright © 2017, All Rights Reserved