NEED HELP ASAP IN PROCESS OF PURCHASING FORECLOSURE

[Nolan Payne]

Hi BP Community!

I need your help! As of yesterday, I'm the winning bidder on a property on Auction.com. I drove by the property yesterday before bidding on it and it's still occupied. Looking at the register of deeds, the bank purchased the property back from the live, in-person auction early June, and then foreclosed on the property last week. There was a deed to the bank recorded June 18th, so in my mind that is when the bank officially owned the home and the previous seller is now in a home they don't own. I live in NC by the way in case that helps.

• So does the bank issue an eviction notice as of last week telling the previous owner to vacate?
• Does the previous owner have a certain time line before they have to leave?
• What happens if I close on the property in let's say 30 days and they are still there, do I proceed with an eviction? And on that note, can I do an "eviction" since that person was never my "tenant" since I was never their landlord? Or would they simply be trespassing at that point?

Any direction would be very helpful and appreciated!