Do I need to keep making the monthly payment on a mobile home while the title transfer is still being processed? nc

Do I need to keep making the monthly payment on a mobile home while the title transfer is still being processed? – North Carolina Short Answer Usually, yes. In North Carolina, a pending title transfer through the N.C. Division of Motor Vehicles (DMV) does not, by itself, pause the underlying loan obligation, and missing payments…

Can I start marketing the property again if the buyer has already failed to close multiple times? nc

Can I start marketing the property again if the buyer has already failed to close multiple times? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, a seller (or an assignor standing in the seller’s shoes under an assignment) usually should not re-market the property until the existing contract is properly terminated…

How do I cancel an assigned real-estate contract the right way when the end buyer keeps missing the closing date? nc

How do I cancel an assigned real-estate contract the right way when the end buyer keeps missing the closing date? – North Carolina Short Answer In North Carolina, canceling an assigned real-estate contract usually turns on the written contract terms: whether the closing date is truly a hard deadline (often called “time is of the…

If someone was supposed to pay the mortgage or property bills and didn’t, what options do I have to hold them accountable? nc

If someone was supposed to pay the mortgage or property bills and didn’t, what options do I have to hold them accountable? – North Carolina Short Answer In North Carolina, the main options depend on why the person was “supposed” to pay: a written agreement, a court order, or co-ownership rules. If co-owners share a…