Pallas Investor Deals · North Carolina

Off-Market Investment Properties in Wilmington, NC

We buy houses directly from homeowners in Wilmington and across New Hanover County, including Historic Downtown, Forest Hills, Carolina Place and Sunset Park. 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 Wilmington deals that fit your buy box.

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Local Facts for Wilmington Investors

Where things happen for a property in Wilmington. 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
New Hanover County
Deeds and records
The New Hanover County Register of Deeds records deeds, deeds of trust and other real estate documents. Its Online Public Records Search covers the recorded index, with a reminder that it does not replace a search of the actual documents at the office.
Foreclosure sales
Most foreclosures are power-of-sale. After a hearing before the New Hanover 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.
Local rules for owners
  • Wilmington's Land Development Code (Sec. 18-157) allows whole-house short-term lodging with conditions. Owners must carry commercial general liability insurance of at least $500,000 per occurrence and may not allow parties, events or weddings on the property, and in residential and historic districts a local operator within 25 miles must be available 24 hours a day.

Sources

FAQ

Where are foreclosure sales held for Wilmington properties?

Most foreclosures are power-of-sale. After a hearing before the New Hanover 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 Wilmington properties?

The New Hanover County Register of Deeds records deeds, deeds of trust and other real estate documents. Its Online Public Records Search covers the recorded index, with a reminder that it does not replace a search of the actual documents at the office.

Does Wilmington have rules for rental property owners?

Wilmington's Land Development Code (Sec. 18-157) allows whole-house short-term lodging with conditions. Owners must carry commercial general liability insurance of at least $500,000 per occurrence and may not allow parties, events or weddings on the property, and in residential and historic districts a local operator within 25 miles must be available 24 hours a day.

North Carolina Rules That Apply Here

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

Read the North Carolina investor guide →

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