How long does it usually take to get guidance after an appraisal is submitted? – North Carolina Short Answer In North Carolina, there is usually no single state-law deadline that requires an attorney or lender to issue “guidance” by a specific number of days after an appraisal is submitted. In many transactions, guidance comes after…
What documents are needed to prove a power of attorney is valid for signing a property purchase agreement and closing papers? – North Carolina Short Answer In North Carolina, proving a power of attorney (POA) is valid for signing a real estate purchase contract and closing documents usually requires an executed POA (often a certified…
How can I challenge or undo a completed trustee’s deed if the wrong property was included? – North Carolina Short Answer In North Carolina, challenging a completed trustee’s deed usually depends on where the case is in the foreclosure timeline. If the mistake is caught before the sale is confirmed (or before rights become fixed),…
How long do we have to file a lawsuit over a land purchase or disputed property sale? – North Carolina Short Answer In North Carolina, the time to sue over a land purchase or disputed property sale depends on the legal claim. Many sale-related claims are subject to a 3-year deadline (such as fraud, mistake,…
What documents do I need to prove I’m the rightful owner and communicate with the mortgage company about the loan? – North Carolina Short Answer In North Carolina, the mortgage servicer usually will not discuss loan options after a borrower dies unless the person contacting them can show both (1) authority to act and (2)…
Can I assume the existing mortgage or refinance into my name after the original borrower died? – North Carolina Short Answer In North Carolina, a person who becomes the owner of a home after the borrower dies often can keep the loan from being called due immediately by staying current and working with the loan…
How should a deed be written to protect me if the buyer stops making payments? – North Carolina Short Answer In North Carolina, protection usually comes from choosing the right structure—not from adding payment terms into the deed itself. If the goal is for the property to stay in the seller’s name until paid in…
Should the listing agreement be signed by me as trustee in the trust’s name, and what documents will the agent and buyer need from the trust? – North Carolina Short Answer In North Carolina, a home held in a trust is typically sold by the trustee, so the listing agreement is usually signed in a…
What happens to the membership if the account holder dies, and how can heirs update the title? – North Carolina Short Answer In North Carolina, what happens after an account holder dies depends on what the “membership” legally is. If it is a timeshare estate, it is treated like real estate and typically must pass…
How can I file a quiet title case to show clear ownership when a deceased spouse is still listed on the deed? – North Carolina Short Answer In North Carolina, a quiet title case is typically filed in Superior Court to ask a judge to declare that the living spouse (or the living spouse’s successor)…