Can I Settle Liens Before Refinancing During a Partition Case? | NC

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Q: Can I negotiate lien settlements before refinancing a house that is involved in a partition case? A: Yes. You may negotiate judgment liens while the partition case is pending. However, an oral agreement is usually not enough for refinancing. The lender and closing attorney will generally require written payoff terms and proof that each lien will be satisfied or released from the property. A…