What happens if my former spouse signs a quitclaim deed but there is still a mortgage on the property? – North Carolina Short Answer In North Carolina, a quitclaim deed can transfer whatever ownership interest a former spouse has in the home, but it does not change the mortgage. If both spouses signed the promissory…
How can we verify who actually paid the property taxes for each parcel and which years are still unpaid? – North Carolina Short Answer In North Carolina, the most reliable way to confirm which tax years are unpaid is to get a written tax certificate (or approved website printout) from the county tax collector showing…
How do I make sure a deed of trust and promissory note are properly signed and enforceable? – North Carolina Short Answer In North Carolina, a promissory note is usually enforceable when the borrower signs it and the terms are clear, but a deed of trust must also be properly executed and notarized so it…
What happens if co-owners can’t agree on reducing the list price or accepting an offer before the foreclosure deadline? – North Carolina Short Answer In North Carolina, if co-owners cannot agree on a price reduction or whether to accept an offer before a foreclosure deadline, the sale may simply not happen in time and the…
How can I find out whether there are any liens or unpaid taxes that would have to be paid at closing? – North Carolina Short Answer In North Carolina, the standard way to find liens and unpaid taxes that may have to be paid at closing is to have a closing attorney run a title…
How do I find out who is actually on the deed for a property and whether it is considered heirs property? – North Carolina Short Answer In North Carolina, the starting point is the county Register of Deeds where the land is located. A deed search there can show the last recorded owner(s) and any…
If my name is already on the deed with a deceased relative, what happens to the property now? – North Carolina Short Answer In North Carolina, what happens next depends on how the deed lists the co-owners. If the deed created a right of survivorship (or the property was held by a married couple as…
Can heirs use a quitclaim deed to move title from a deceased owner to the heirs, and what has to be included for it to be accepted? – North Carolina Short Answer In North Carolina, heirs generally cannot “move” title out of a deceased parent’s name just by signing a quitclaim deed as if the…
How do I stop or delay a foreclosure while the property is listed for sale? – North Carolina Short Answer In North Carolina, the most common ways to stop or delay a foreclosure long enough to pursue a private sale are (1) getting the lender or substitute trustee to postpone the sale date, (2) filing…
What proof do I need to show that the repairs were necessary and should be reimbursed at closing? – North Carolina Short Answer In North Carolina, reimbursement for repairs at closing usually depends on what the contract (or a written repair addendum) requires and what the closing attorney can document on the settlement statement. The…
