If I default on my vacation home mortgage, what happens to my permanent home?

The answer really depends on how the two properties are held (titled) and whether the lender of the vacation home seeks a deficiency judgment...

Is there a statue of limitations on judgements in the state of NC? Please see details below.

Typically, a judgment docketed in North Carolina is valid for 10 years from the date that it is docketed by the Clerk of Court; however, it may be...

Removing HOA board members - do we need to be on agenda of a reg meeting to vote them out? Do we have to give 10 day notice?

I am assuming that the language that you have posted in your question comes from either the Bylaws or the Declaration. You might want to consider...

It is not exactly clear from the facts given and I don't know if the HOA Declaration provides an specific alternative procedure for fining, but,...

When the seller fails to meet the closing date on the contract and gives no notice of this, is that a breach of the contract?

The facts as you have presented sure do seem like a seller's breach of a real estate contract to sell but only a perusal of the actual documents by...

It is very likely that your HOA can indeed force you to paint your shutters either under the Declaration language that you have quoted and/or the...

Does writing "last payment" in the memo line of a check discharge the debtor from the debt?

You are asking about whether an affirmative defense of "accord and satisfaction" will operate to discharge a valid debt. In NC, the statute is NCGS...

What responsibilities does a builder in Currituck County, NC have to the subdivision he developed b/f turning it over to the HOA

The Declaration of Covenants, Conditions and Restrictions that should be recorded in the Currituck County Register of Deeds should control with...

Can a lawyer be paid to get a prayer for judgement?

A lawyer can be hired to represent you in your traffic matter. A lawyer is not paid to produce a particular result for a client but to represent...

I live in NC and was going to purchase a foreclosed house with a conventional loan for 15 yr period

I depends on the terms of the contract to purchase the property. You will need to seek the services of a real estate attorney who can help you...