County Tax Foreclosures on GIS site

[Tyler Davis]

Hi all,

So I am on the Mecklenburg County (Charlotte, NC) Tax Foreclosures website and I see a property with an assessed value just over $300k with an amount due of about $80k.

Does anyone know if this means the property is under foreclosure or does it simply mean it has an amount due and it will go into foreclosure if it remains unpaid by a certain date?

Furthermore, does anyone use this resource in their deal searching and if so, I'd love to hear more about it.

Thank you!

Tyler Davis, New RE investor but looking to hit the ground running