Process of identification foreclosure in North Carolina

Dealing with the deportation and the process of locking in North Carolina can be overwhelming, if the owners do not understand it. Armed with facts can help you to understand and negotiation process. Not judiciaire ForeclosureThe main method for locking in North Carolina is extrajudicial lock takes legal action, but requires a called notice of the power of sale. Most mortgages include a power of sale clause, which allows an attorney to disable property to complete a loan defaulted.NoticeThe Attorney three weeks has the borrower of publish auction house in various publications and particularly official legal body able to inform usually County main Protocol. The notification must be running for about two weeks. Foreclosure information should be posted to that city or the 20 days prior to the sale County Courthouse. The owner will be served, before it is trustee foreclosed.AuctionA of the bidder, which may be the lender holds the mortgage, auction house. The creditor must go through a procedure for judicial lock or a lock per share. A notice is filed to the county court.EvictionAfter foreclosure, the tenant may be disclosed in the redemption period. Within 10 days pay the owner of the property property might, if he pays the whole amount on the mortgage, cooler the Prosecutor's Office because.