Can I still sell my home or work out an agreement with the lender after a foreclosure case has already started? – North Carolina Short Answer Yes. In North Carolina, a homeowner can often still sell the home or negotiate a workout (like a repayment plan, forbearance, or loan modification) after a foreclosure case starts,…
Do we need a new deed drafted, or can an existing deed be updated to add or change the owner? – North Carolina Short Answer In North Carolina, changing ownership is usually done by signing and recording a new deed rather than “updating” an old recorded deed. A recorded deed generally cannot be edited to…
How can I sell my house quickly if I’m behind on property taxes? – North Carolina Short Answer In North Carolina, a house can usually be sold even when property taxes are delinquent, but the taxes (plus interest, penalties, and costs) typically must be paid at or before closing so the buyer receives clear title.…
Do I need a separate agreement or court order before recording a quitclaim deed from my former spouse? – North Carolina Short Answer Usually, no. In North Carolina, a properly drafted quitclaim deed signed by the former spouse and properly acknowledged (typically notarized) can be recorded with the county Register of Deeds without a separate…
How do I use a quitclaim deed to put the home only in my name after a divorce? – North Carolina Short Answer In North Carolina, a quitclaim deed can transfer a former spouse’s ownership interest in the home to the other former spouse, but it only works if it is properly signed, notarized, and…
Can I undo or challenge the property transfer if the buyer didn’t pay what was agreed? – North Carolina Short Answer Sometimes, but not automatically. In North Carolina, once a deed is signed, delivered, and recorded, title usually transfers even if the buyer later fails to pay. The usual remedies are a lawsuit to enforce…
What risks should I watch for when buying a property that has a deed of trust connected to a deceased owner? – North Carolina Short Answer In North Carolina, the biggest risks are (1) buying from someone who does not actually have authority to convey title after the owner’s death and (2) assuming a deed…
Can we sell the property if it has major safety issues and damage, and what disclosures do we need to make to buyers? – North Carolina Short Answer Yes. In North Carolina, a residential property can be sold “as-is” even if it has major safety issues or damage, but the seller still must provide the…
What risks am I taking if I accept a quitclaim deed instead of a warranty deed? – North Carolina Short Answer In North Carolina, a quitclaim deed transfers only whatever ownership interest the former spouse actually has—if any—and it generally comes with no promises about title. A warranty deed, by contrast, typically includes promises (warranties)…
What is the difference between reinstating the loan and paying off the mortgage, and which one buys more time? – North Carolina Short Answer In North Carolina, reinstating a mortgage usually means paying the past-due amounts (plus allowed fees and costs) so the loan becomes current again, while paying off the mortgage means paying the…
