County Surplus Property
|
Parcel #
|
Acres
|
Building
|
|
03-00458
|
0.6
|
No
|
|
04-00366
|
1.54
|
Yes
|
|
10-01827
|
0.13
|
No
|
Gates County accepts offers for sale of real property owned by the County under a process called the "Upset Bid Method" under North Carolina General Statute 160A-269. Under this method of sale, a person wanting to purchase property owned by the County makes a written offer to the County for the property and the offer must be accompanied by a 5% deposit in certified check or money order payable to Gates County. This written bid and deposit should be mailed to Gates County Administration C/O Reneé Draper PO Box 148 Gatesville, NC 27938 or it can be dropped off at 115 Court Street Gatesville, NC 27938. After receiving the offer and bid, the offer is placed on the agenda for the Board of County Commissioners (the Board).
Once the Board has accepted the original offer, a notice of the upset bid sale is published in the newspaper. The notice will describe the property, set out the amount of the offer and specify the requirements for submission of an upset bid. The North Carolina Statue requires that an upset bid be received within 10 days after the date the notice is published. To qualify as an upset bid, the bid must raise the published offer by an amount of at least 10% of the first thousand dollars of the offer and 5% of the remainder of the published offer. When a bid has been successfully raised (upset), the highest new bid becomes the current offer and the procedure is repeated. The Board reserves the right to reject any and all offers at any time.
Once a final qualifying offer has been received, that offer is reported to the
Board. The Board then must decide whether to accept or to reject the final
offer. Should the Board accept the final qualifying offer, a non-warranty deed
is prepared for the Chairman of the Board's signature, and a time is scheduled
for the closing.
Please Note:
Once a valid bid has been placed on a parcel, competing bids may not be placed
until the 10-day day upset bid period is open. As a result, please contact staff to
ensure that a bid has not already been accepted for the parcel you are
interested in bidding on before attempting to place a bid.
Questions may be directed to:
Reneé Draper
Clerk to the Board of Commissioners | Assistant to the County Manager
252.357.2495
rdraper@gatescountync.gov
Taylor Powell
Tax Administrator
252.357.1360
tfischer@gatescountync.gov