Our home was sold, what are my rights
January 02, 2008
Our home in NC was sold at auction on the courthouse steps due to foreclosure. The bank was the highest bidder and bought the loan back. My question is that there was a $150,000.00 lien on the home from a friend who lent us money to try to keep the home and we were told his lien would have to be paid if the home went into foreclosure. Now the bank says they don't have to honor this lien. The courthouse states all liens need to be satisfied before the deed can be transferred. HELP. I am not sure what to do. I tried contacting an attorney in that town but get no response. Do you have any input?
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