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Home / Courts / N.C. Court of Appeals Unpublished / Real Property – Mortgages – Foreclosure Sale – Borrowers’ Cure – Return of Bid (access required)

Real Property – Mortgages – Foreclosure Sale – Borrowers’ Cure – Return of Bid (access required)

After respondent placed the high bid at a power-of-sale foreclosure sale, the borrowers timely cured their default and reinstated their loan. Although the 10-day upset period had elapsed by the time respondent received a return of its deposit, the return of its deposit was all it was entitled to; its rights were not “fixed” at ...

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