Profile picture for jillperk

North Carolina foreclosure laws

Does anyone know the legal time limit for a home to be "Pre-Foreclosure" in North Carolina before the bank places it on the market?
  • March 27 2013 - Asheville
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Answers (1)

Profile picture for Lawrie Lawrence
There is no "hard & fast" time limit that goes with Foreclosures.  

"Pre-Foreclosure" is a term that means the homeowners are behind on their mortgage and proceedings have started, but they could catch up, taking them out of "pre-foreclosure".

If they don't "catch up" it could still take the mortgage company weeks or months before they move forward.  It all depends on the mortgage company.
  • March 27 2013
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