How can I fix the title when multiple family members may have inherited the property and no one has clear ownership? – North Carolina Short Answer In North Carolina, “fixing the title” to inherited property usually means identifying every heir or other owner, then using the right legal process to put that ownership into the…
If I’m outside the country, can I still make an offer and close on a foreclosure property through a representative or power of attorney? – North Carolina Short Answer Yes. In North Carolina, a foreclosure buyer can usually make an offer, bid, and close through a representative, including an agent acting under a properly drafted…
What happens if the borrower stops making payments under a promissory note secured by a deed of trust? – North Carolina Short Answer In North Carolina, if the borrower stops making payments on a promissory note that is secured by a deed of trust, the lender (through the trustee named in the deed of trust)…
Can I buy or take an assignment of an existing deed of trust from the current lender or holder? – North Carolina Short Answer Yes—under North Carolina law, a deed of trust generally follows the promissory note, so buying the loan (the note) from the current lender typically carries the deed of trust with it.…
Can I sign a deed as the administrator to transfer the property to myself in my individual capacity? – North Carolina Short Answer Sometimes, but it depends on why the deed is being signed and whether the estate administration gives the administrator authority to convey the real estate. In North Carolina, an administrator has duties…
How can I get reimbursed for home repair costs while the house closing is still pending? – North Carolina Short Answer In North Carolina, reimbursement for repair costs during a pending closing usually happens by agreement in writing, then paying the agreed amount through the closing attorney on the settlement statement at closing. If money…
Do we need a quiet title case, a deed correction, or some other process to fix a broken chain of title? – North Carolina Short Answer In North Carolina, the right fix depends on what is “broken” in the chain of title. If the problem is a minor recording or scrivener error, a corrective filing…
How does buying a house that’s in foreclosure work from start to finish? – North Carolina Short Answer In North Carolina, most foreclosure purchases happen through a public sale run by a trustee (or the lender) and then a required 10-day upset-bid period where someone else can outbid the last bidder. The sale is not…
Can I confirm whether a property was properly transferred to me before the relative passed away? – North Carolina Short Answer Yes. In North Carolina, the most practical way to confirm whether a property was transferred before a relative’s death is to review the recorded land records in the county where the property is located…
Can I still sell the house if there are unpaid property taxes, and how are they handled at closing? – North Carolina Short Answer Yes. In North Carolina, a home can usually still be sold even if property taxes are delinquent, but the delinquent taxes (plus interest, penalties, and costs) typically must be paid out…
