Real property sales must remain open for a period of ten (10) days after the filing of the report of sale to allow for the filing of an upset bid under G.S. 1-339.64. Upset bids are advanced, increased or raised bids where a person makes an offer to purchase the real property sold for an amount exceeding the reported sale price by a specified amount. The upset bid must exceed the reported sale price by 5% but not less than the minimum increase amount of $750.00. The upset bid must be delivered to the Moore County Clerk of Superior Court as cash, certified check or cashier’s check in an amount satisfactory to the Clerk. This deposit must be filed with the Moore County Clerk of Superior Court before the close of normal business hours on or before the tenth day after the filing of the report of sale. When the tenth day falls on a Sunday, legal holiday, or other day where the office of the clerk is not open for the regular dispatch of business, the deposit may be made on the first day afterward that the office is open for the regular dispatch of business. If you desire to place an upset bid and have questions concerning placing that bid, please contact the Moore County Clerk of Courts, Civil Records Division at 910-722-5032. Please inform them that you are calling regarding a tax foreclosure.
