Can I Sell My Oxford House in Foreclosure?

How we help you work toward closing

We give written cash offers in 24 hours. You get a written offer and written terms before you commit, and we close through a title company. Close as fast as 7 days when title and closing details allow.

Your mortgage payoff, liens, back taxes, and share of current property taxes are separate from closing costs. When you sell to us, we pay the closing costs, including North Carolina's excise tax on conveyances. No agent commissions when you sell to us. No fees. You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.

Which sale notice are you facing?

Mortgage foreclosure in North Carolina

Many North Carolina home loans use a deed of trust with a power-of-sale clause. That lets the lender ask the clerk of superior court to authorize foreclosure at a hearing instead of filing a lawsuit. For a qualifying home loan on your main home, the servicer must mail a notice at least 45 days before filing for the hearing. This rule covers qualifying home loans, not home-equity lines or reverse mortgages. See the North Carolina home-loan notice law.

Your hearing notice must be served at least 10 days before the hearing. At the hearing, the clerk checks for a valid debt and default, the right to foreclose, and proper notice. If the clerk authorizes foreclosure, you have 10 days to appeal. Read the hearing and appeal rules and the North Carolina Judicial Branch's foreclosure overview.

If the clerk authorizes the sale, the notice of sale is posted at the courthouse for at least 20 days and published in a newspaper once a week for two weeks. The sale is a public auction. After the sale report is filed with the clerk, the first upset-bid period runs for 10 days. A new bid must beat the current bid by at least 5% and at least $750; each new upset bid starts another 10-day period. If the last day falls when the clerk's office is closed, the deadline moves to the next day the office is open. Review the notice-of-sale and upset-bid rules.

Until the last upset-bid period ends, paying the loan and sale costs in full stops the foreclosure. A sale of your house that closes in time can make that payoff. The sale is final when the last 10-day period ends with no new bid. See G.S. 45-21.20.

If the notice is about unpaid property taxes

A property-tax foreclosure is a separate case from a mortgage foreclosure, with its own notice and deadlines. North Carolina sets out tax-foreclosure procedures separately in Chapter 105, Article 29. Call us and we'll look at the tax notice and timing with you.

What happens next

1. 1. Contact us. Call or use the form. We'll talk through the notice and where you are in the foreclosure process.
2. 2. Review written terms. We give you a written offer and terms before you commit. You decide whether to accept.
3. 3. Work through title and payoff. The title company reviews the ownership, mortgage payoff, liens, and taxes with us.
4. 4. Work toward closing. We work toward closing before the foreclosure sale date.

It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.

Local court information

For a Granville County foreclosure hearing, contact the Granville County Clerk of Superior Court for hearing and sale information.

Questions and contact

Estimate possible sale proceeds with the Oxford calculator → Use it as a planning tool alongside your notice, payoff information, and written terms.

Prefer to call? 888-274-5006

• More Oxford seller questions →
• Oxford home-selling guide →