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Notice of Bidder Solicitation

Mecklenburg County, NC
Program Year: 2019

Abstract:
The Mecklenburg County Office of the Tax Collector (OTC) developed a Notice of Bidder Solicitation to send to taxpayers that have delinquent taxes owed, are eligible for the foreclosure program, and whose property has been added to the OTC’s foreclosure website. By adding a property to this website, investors and other interested buyers are given the opportunity to search for, review, and express interest in purchasing the property at foreclosure auction. The investor interest can drive properties to be referred to a foreclosure attorney for processing and sale. The letter serves as a notice that the OTC has posted their property to the website, but it also serves as an additional collections tool to assist the OTC in maximizing collections. When a taxpayer receives a letter stating that not only is their property a candidate for foreclosure, but the OTC is marketing and soliciting buyers for their property, this can be a powerful incentive for taxpayers to rectify their delinquency.

Contact:
Kate Helmick
Operations Manager