How do I handle a seller who directs all communication to their lawyer?: North Carolina Real Estate

How do I handle a seller who directs all communication to their lawyer? – North Carolina Short Answer In North Carolina, once a seller says they are represented, route deal-related communications through the seller’s attorney. That approach respects legal boundaries and keeps negotiations organized. Get your own attorney involved to clarify the “garage” issue in…

How do I get a written payoff statement from my lender to review before closing?: North Carolina

How do I get a written payoff statement from my lender to review before closing? – North Carolina Short Answer In North Carolina, you (or your closing attorney/settlement agent) can request a written payoff statement from your mortgage servicer, and it should be provided within a reasonable time. Federal mortgage rules generally require servicers to…

How can I challenge an appraisal that seemed incomplete and biased against my interests?

How can I challenge an appraisal that seemed incomplete and biased against my interests? – North Carolina Short Answer In North Carolina, you challenge a questionable appraisal by promptly asking your lender for a Reconsideration of Value (ROV) and supplying concrete corrections (bad measurements, omitted comparable sales, condition errors) and supporting documents. If bias or…

Can I require my realtor to provide timely and transparent communication before closing?: North Carolina

Can I require my realtor to provide timely and transparent communication before closing? – North Carolina Short Answer Yes. In North Carolina, your real estate broker works under a written agency agreement that can and should require prompt, clear communication and disclosure of material information. State rules also require brokers to keep clients reasonably informed,…