Foreclosure Options In Nc

Summary

In North Carolina, the foreclosure process typically takes 90-120 days. You can reinstate your loan up to the date of sale. The lender must provide a notice of hearing, where you can raise defenses. Consider seeking legal help or contact HUD-approved housing counselors at (800) 569-4287.

Full Conversation

I am facing foreclosure and have been trying to speak with my mortgage company as to other options to keep my home. I’ve asked about partial claims so I can catch up on the back payments I owe, but am told I have to pay the full reinstatement. I’m not tying not to pay what’s owed just a way to pay it because I do t have the full amount.
Hello ****, I'm sorry to hear about your situation. Could you please tell me which state you're located in? The laws regarding foreclosure vary by state.
North Carolina
Hello ****. In North Carolina:
- Foreclosure process usually takes about *-120 days.
- You can reinstate your loan up to the date of sale.
- The lender must provide a notice of hearing, where you can raise defenses.
Consider seeking legal help or contact HUD-approved housing counselors at (*) *-*.
Thank you
You're welcome, ****. If you have further questions or need additional help, feel free to ask. Good luck with your situation.