What happens if my refinance is denied after I accept the offer—can we convert the terms into a sale with the same payouts at closing? NC

What happens if my refinance is denied after I accept the offer—can we convert the terms into a sale with the same payouts at closing? – North Carolina Short Answer In North Carolina, a denied refinance does not automatically convert a buyout proposal into a “sale with the same payouts at closing.” If the matter…

If we can’t agree on tax value versus fair market value, can a court force a sale instead of allowing a refinance buyout? NC

If we can’t agree on tax value versus fair market value, can a court force a sale instead of allowing a refinance buyout? – North Carolina Short Answer Yes. In a North Carolina partition case, a court can order a partition sale (a court-supervised sale) if it finds that physically dividing the property would cause…