Pallas Investor Deals · North Carolina

Off-Market Investment Properties in Raleigh, NC

We buy houses directly from homeowners in Raleigh and across Wake County, including Five Points, Oakwood, Mordecai and Boylan Heights. The houses we don't renovate ourselves go privately to investors on our list. Join Pallas Investor Deals, choose North Carolina, and we will text and email you Raleigh deals that fit your buy box.

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Local Facts for Raleigh Investors

Where things happen for a property in Raleigh. This is general information, not legal advice. Rules change, so confirm with the office or a local real estate attorney before you rely on it.

County
Wake County
Deeds and records
The Wake County Register of Deeds records deeds, deeds of trust and other real estate documents. Its online Consolidated Real Property Index can be searched, with some records going back to 1785.
Foreclosure sales
Most foreclosures are power-of-sale. After a hearing before the Wake County Clerk of Superior Court authorizes the sale, the trustee or substitute trustee sells the property at public auction at the place named in the notice of sale. The notice is posted in the area the Clerk designates for public notices at least 20 days ahead and published in a local newspaper, and the sale must be held between 10 a.m. and 4 p.m. on a day the Clerk's office is open.
Property records
Wake County Real Estate Data search
Local rules for owners
  • Every short-term rental operator (stays of 30 days or less) must get a zoning permit from the City of Raleigh. Short-term rentals are a limited use in the R-1, R-2, R-4, R-6, R-10, RX, OX, NX, CX and DX districts, and the permit number must appear in all advertising and on the property.
  • In multi-unit buildings, no more than 25% of the units, or two units if greater, may be used as short-term rentals, and operators must keep guest records for three years.

Sources

FAQ

Where are foreclosure sales held for Raleigh properties?

Most foreclosures are power-of-sale. After a hearing before the Wake County Clerk of Superior Court authorizes the sale, the trustee or substitute trustee sells the property at public auction at the place named in the notice of sale. The notice is posted in the area the Clerk designates for public notices at least 20 days ahead and published in a local newspaper, and the sale must be held between 10 a.m. and 4 p.m. on a day the Clerk's office is open.

Where are deeds recorded for Raleigh properties?

The Wake County Register of Deeds records deeds, deeds of trust and other real estate documents. Its online Consolidated Real Property Index can be searched, with some records going back to 1785.

Does Raleigh have rules for rental property owners?

Every short-term rental operator (stays of 30 days or less) must get a zoning permit from the City of Raleigh. Short-term rentals are a limited use in the R-1, R-2, R-4, R-6, R-10, RX, OX, NX, CX and DX districts, and the permit number must appear in all advertising and on the property. In multi-unit buildings, no more than 25% of the units, or two units if greater, may be used as short-term rentals, and operators must keep guest records for three years.

North Carolina Rules That Apply Here

Closings, transfer tax, the foreclosure process and wholesaling rules are set at the state level.

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