Can we negotiate a settlement where we choose the realtor and control the sale process instead of having a court-appointed person run the sale? nc

Can we negotiate a settlement where we choose the realtor and control the sale process instead of having a court-appointed person run the sale? – North Carolina Short Answer Yes—many North Carolina partition cases settle with a written agreement that sets the sale terms, including selecting a realtor, setting a listing price strategy, and allocating…

How do we find out the mortgage payoff amount and the reinstatement amount, and can the loan be reinstated after missed payments? nc

How do we find out the mortgage payoff amount and the reinstatement amount, and can the loan be reinstated after missed payments? – North Carolina Short Answer In North Carolina, the most reliable way to get a mortgage payoff amount or reinstatement amount is to request a written statement from the loan servicer (the company…

After the house sale closes, how does the court decide when and how the sale proceeds get released to each co-owner? nc

After the house sale closes, how does the court decide when and how the sale proceeds get released to each co-owner? – North Carolina Short Answer In a North Carolina partition sale, the sale money is typically held until the court (usually the Clerk of Superior Court) confirms the sale and approves a final accounting.…

Can we request more time in the foreclosure process to complete a private sale, and what should we show to prove we’re actively trying to sell? nc

Can we request more time in the foreclosure process to complete a private sale, and what should we show to prove we’re actively trying to sell? – North Carolina Short Answer Sometimes, yes—but it depends on where the foreclosure is in the North Carolina process and who has authority to delay it. Before the auction,…