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Attorneys: HUD forcing NC lawyers to break its own rules (access required)

The Department of Housing and Urban Development says it is eager to offload an unprecedented inventory of North Carolina residential real estate, but its own rules and contractors are inhibiting closings on sales of HUD-owned properties, attorneys say. "My experience with HUD has been that they have established some rules which have made it very difficult for them to liquidate real estate in my opinion," said Monroe attorney Lewis R. Fisher. "To further complicate matters, HUD has representatives who don't understand real estate law in North Carolina," he said.

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