Can I refinance and buy out a co-owner before a sale? | NC

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Q: What happens in a partition case if I can refinance and buy out the other co-owner before the court orders a sale? A: If you can actually refinance and pay the other co-owner before the court orders or confirms a sale, the case does not always have to end in a forced sale. A buyout is usually strongest when both sides sign a written agreement with the payoff amount, the closing deadline, who…