North Carolina uses both judicial and non-judicial foreclosure. NC offers a 10-day upset bid period after sale — a unique protection not found in most states. Free consultation.
NC allows both non-judicial foreclosure (power of sale) and judicial foreclosure. The non-judicial process is most common and takes about 60 days. NC's unique upset bid period gives 10 days after the sale for higher bids.
Clerk schedules hearing. Notice sent to homeowner. Opportunity to raise defenses.
Posted at courthouse for 20 days. Published in newspaper.
Auction held. 10-day upset bid period allows higher bids. No deficiency on purchase-money loans.
NC's unique upset bid period gives you 10 extra days after the sale. Don't let it slip away. Free consultation.