Click on the link below for Information regarding
Bank Owned and Foreclosed Properties on
The Outer Banks. 

Please Contact The Doshier Team for more information regarding any of these or any additional properties.

If you are considering the possibilities of purchasing Outer Banks, NC foreclosed/bank owned properties in Dare and Currituck County, you better know what you are doing. Just because a property is in a distressed state doesn't mean that the property is a good buy.  

Many properties have been "tapped" of their equity back when the market was still strong. The banks sometimes are looking for more than what properties are currently selling for.  

It doesn't cost you anything to use a Realtor® to help you negotiate, run CMA's, coordinate your closing, and prepare offers & other paperwork related to foreclosure property on the MLS. 

The link above takes you to the Outer Banks, NC foreclosures in Dare and Currituck Counties. Please contact The Doshier Team for additional information on any of these properties.  

If you send us an email requesting new foreclosures, pre-foreclosures, or short sale listings, we will send you new listings as they are published. Short sales available from the MLS.  

Here's an example of the type of language, one may find in a foreclosed/bank owned listing: "Pre-approval or Proof of Funds letter MUST be attached to Offer. Earnest Money must be certified funds and held with the listing firm. Home is being sold AS IS - SPECIAL WARRANTY DEED. Pre approval required before making an offer. Buyer may be required to use seller's attorney and pay transfer tax."  

(You may also be required to have a pre-qualification letter from the lending institution that owns the property. This does not mean you are required to use them as a lender, but they will not accept any offers without this letter.) 

Sellers Addendums come after an accepted offer. Often Buyers must use seller’s attorney for closing and are often required to pay the transfer tax. This is common, and many times the agent has no control over what the bank is willing to disclose. The lenders have their guidelines in how the sell the properties they take back from their borrowers.  

It is very important that the proper path of investigation is taken for discovering all the facts about the property. Your real estate attorney (required by NC law to purchase property) will make sure that you understand the position the title is in, and if there are any liens or unknown encumbrances on the property.