For your consideration is an upset bid process for parcel number 2393-48-3645-0000 located near Red Tip Lane that was acquired on 8/20/2018 thru tax foreclosure proceedings. The parcel consists of a wooded lot on 2.49 acres. The estimated tax value of the parcel is $19,460.00 in GIS. Mr. Matthew Walker has placed a bid offer of $12,000.00.
Published notice of the summary of this resolution will be by electronic advertisement on the County’s website located under Bid & RFP’s and through the local paper. The electronic published notice and local paper is pursuant to G.S. Chapter 160A-269. Upset Bids will be only be accepted through September 22, 2022 at 5:00pm.
Per NC General Statutes § 160A-269, the new bid must be the greater of either a $750.00 increase or 5% more than the outstanding bid. For example if the 5% is equal to $1,000.00 then you would have to bid the $1,000.00 – not just the $750.00. This bidding process could potentially go on for multiple cycles.
Bidders must complete Form AOC-CV-414 and bring the form, along with a 5% deposit to the Pender County Finance Department. All bids must be received (not postmarked) by 5pm on the 10th day of the Upset Bid period, September 22nd at 5:00pm.
In person or by courier to:
Andy DeVane, Asset Manager
Pender County Finance Department
805 W. Walker Street
Burgaw, NC 28425
By US Postal:
Andy DeVane, Asset Manager
Pender County Finance Department
PO Box 1578
Burgaw, NC 28425
Published notice of this process is pursuant to NC General Statutes § 160A-269.