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NORTH CAROLINA FORECLOSURE ABSTRACT COUNTY:SECTION 1: DEED OF TRUST SUBJECT OF FORECLOSURE ACTION Borrowers:Amount: trustee:Beneficiary:Dated:Recorded:Is Power of Sale Expressly Stated in DOT? Substitution
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How to fill out north carolina foreclosure abstract

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How to fill out north carolina foreclosure abstract

01
Obtain the necessary forms and documents for filling out the North Carolina foreclosure abstract. This may include the mortgage or deed of trust, foreclosure complaint, notice of hearing, and any other relevant documents.
02
Review the instructions provided with the forms to understand the requirements for filling out the foreclosure abstract.
03
Begin by entering the name of the county where the foreclosure action is taking place at the top of the abstract form.
04
Provide the information about the parties involved in the foreclosure, including the names of the plaintiff (lender) and defendant (borrower). Include their addresses and any other requested details.
05
Fill in the case number assigned to the foreclosure action by the court.
06
Enter the date the foreclosure complaint was filed.
07
Provide a brief description of the property being foreclosed, including its address and any relevant legal descriptions.
08
If applicable, state whether the property is occupied or vacant.
09
Include information about the mortgage or deed of trust being foreclosed, such as the original principal amount, the date it was executed, and any subsequent modifications or assignments.
10
Indicate the amount due and owing as of the date of the foreclosure hearing.
11
Sign and date the completed foreclosure abstract.
12
Submit the filled-out foreclosure abstract to the appropriate court or legal authority as instructed.
13
Keep a copy of the completed foreclosure abstract for your records.

Who needs north carolina foreclosure abstract?

01
Lenders who are initiating foreclosure proceedings in North Carolina need the North Carolina foreclosure abstract. This document is typically required to provide an overview of the foreclosure action, including details about the parties involved, the property being foreclosed, and the amount due.
02
Legal professionals representing lenders or borrowers involved in foreclosure cases may also need the North Carolina foreclosure abstract in order to accurately prepare and present their legal arguments.
03
Courts and other legal authorities overseeing foreclosure proceedings may require the submission of the foreclosure abstract as part of the documentation process.
04
Individuals or entities purchasing foreclosed properties may also find the North Carolina foreclosure abstract useful for conducting due diligence and understanding the history and status of the foreclosure action.
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North Carolina foreclosure abstract is a summary of the foreclosure process of a property in North Carolina.
The creditor or their representative is required to file the North Carolina foreclosure abstract.
The North Carolina foreclosure abstract must be filled out with accurate information about the property and the foreclosure process.
The purpose of the North Carolina foreclosure abstract is to provide a summary of the foreclosure process for record-keeping and informational purposes.
The North Carolina foreclosure abstract must include details about the property, the foreclosure process timeline, and any relevant legal actions.
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