How long after a house has been foreclosed on by a bank does the owner have to remove all personal property?

Asked on July 1, 2012 under Real Estate Law, North Carolina

Answers:

Bruce Broyles / The Law Office of Bruce M. Broyles

Answered 8 years ago | Contributor

After the decree of foreclosure is issued, the house must be sold at Sheriff's sale.  The sale then has to be confirmed and  the Bank then has to obtain a writ if possession.  When the writ issues, the Sheriff will provide you with a voluntary move out date.  If you remain after the voluntary move out date the Sheriff will eventually return to set-out your possessions.  If you have no desire to save the house you can, even after the Sheriff's sale, obtain "cash for keys" by contacting your bank and agreeing to voluntarily move out by a specific date.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.