DELEWARE - New Castle County Sherriff Real Property Sale

https://www.nccde.org/172/Sheriff-Sales https://www.nccde.org/DocumentCenter/View/266/Current-Sheriff-Sale-Listing

Obtaining Foreclosure Listings

Prior to each sale a complete list of the foreclosed properties involved in the sale may be downloaded from this website at no charge. The list can also be purchased at the Sheriff's Office for $20 (money order or cashiers check only) during office hours.

Location of Sales

Real estate Sheriff Sales are held at 10 a.m. on the second Tuesday of each month in:

Council Chambers
Louis L. Redding County Building
800 N. French St.
First Floor\

Wilmington, DE 19801

*There is a fire marshall limit of 152 persons at the sale so you are encouraged to arrive early.

Bidder Registration and Auction Guidelines

  • ***AS OF 5/13/14 - Cash deposits are no longer acceptable for Sheriff sales*** Initial $5,000 deposit must be in the form of Cashiers Check/Certified Funds and balance of the deposit cannot be paid in cash.
  • Effective June 12, 2012, all bidders must register prior to the start of the New Castle County Sheriff Sale
  • Registration will begin at 9 a.m. on sale day and remain open during the auction
  • Pre-sale registration will be held in the Council Workshop Room attached to the Council Chambers until 10:30 a.m. after which registration will be in the Sheriff's Office on the 5th floor. Please be patient and allow enough time for the registration of new bidders
  • A bidder number will be issued at time of registration and collected at the end of the sale or as you leave. You are responsible for maintaining custody of and returning the bidder number
  • In order to receive a bidder number, you must sign a copy of theBidder Auction Rules (PDF)acknowledging the receipt of the rules, and complete theBidder Registration Form (PDF). You are encouraged to read, understand, and pre-complete the forms. Please Print Legibly. Copies will be available at the registration site
  • Only one bidder number will be issued to any registered business or law firm
  • We will not collect the certified funds until you bid on a property. Immediately upon bidding you must submit your certified check and current government I.D. with photograph to the Sheriff Sale personnel
  • No bids will be accepted by any bidder who is not registered. No Exceptions

  • Registration requirements:

    • Current phone number and email address
    • On hand current government I.D. with photograph (valid state driver's license preferred)
    • On hand verification of $5,000 in certified funds and checkbook to pay balance of bid deposit (NO CASH)
    • Signed bidders Sheriff Auction Rules Form
  • Any financing for Sheriff Sale properties should be arranged prior to the auction, not after. Being pre-approved is not sufficient

All Sheriff Sales are buyer beware. You are urged to download and review theBidder Auction Rules (PDF)prior to the sale.

Winning Bidder Responsibilities

Sales are final and deposits are non-refundable. The balance of mortgage foreclosure bids are due the third Monday of the month after the sale. Balance of bid payments are payable via cashiers check to the Sheriff of New Castle County. Confirmation of all sheriff sales occurs the Friday following the third Monday of the month after the Sheriff Sales.

It is the policy of the Sheriff's Office to encourage the high bidder of a real estate foreclosure sale to deed the property purchased within a reasonable amount of time. Therefore, any real estate purchased at a Sheriff Sale and not deeded within six months after confirmation will result in a return of the Superior Court Writ indicating that the property was purchased, paid for, but not deeded. The accumulated transfer tax will be capitulated to the state, and/or county, and/or city, and/or town. The high bidder acquires an equitable interest in the property as soon as the bid is accepted.

The high bidder's legal responsibility to maintain the property is not diminished by this policy. You may have to evict occupants at your own expense.

Sale Results

After each sale a complete list of the foreclosed properties involved in the sale may be downloaded from this website at no charge.

The After Sale List can also be purchased at the Sheriff's Office for $20 (money order or cashiers check only) during office hours.

Excess Proceeds

Lien holders and homeowners are expected to contact the Sheriff's Office to determine whether proceeds remain after the costs of the sale have been distributed. If excess proceeds remain unclaimed after 90 days, they will be distributed to the Prothonotary of New Castle County for placement in escrow and listed on theSuperior Court of New Castle Countywebsite.