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NC rules make it easy for HOAs to foreclose on homeowners. State law allows them to force the sale of homes for any amount of unpaid dues, no matter how small. Our investigation shows how often it ...
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Developer. New South Ventures. Mutual Tower is a 252k-square foot, 14-story skyscraper located in Durham, North Carolina. Built in 1968, the building was previously called the North Carolina Mutual Life Insurance Company Building, Legacy Tower and The Tower at Mutual Plaza. It was designed by M.A. Ham Associates and Welton Becket and Associates ...
The right of redemption is a legal process that gives homeowners who have fallen behind on their mortgage payments the opportunity to keep their home by paying the money they owe, plus interest ...
The North Carolina Planned Community Act, Chapter 47F of the North Carolina General Statutes, is a statute that governs the creation, operation, and destruction of a planned community in the state of North Carolina. According to the Homeowners Association of North Carolina, presently in the state there are over 18,000 homeowner associations ...
The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1] [2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank ...
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