Foreclosure help in Huntersville, NC
Whether the letter came from your lender or your homeowners association, a Huntersville foreclosure runs on the same North Carolina deadlines. Here is where it is handled and what you can still do.
Where your case is handled
Huntersville, 28078
Huntersville is in northern Mecklenburg County. Your case is heard in Charlotte, not in town.
Mecklenburg County Courthouse, 832 East 4th Street, Charlotte. Foreclosures are special proceedings before the Clerk of Superior Court: (704) 686-0400.
The timeline
The same North Carolina process applies everywhere in the state: the 45-day letter, a notice of hearing, the hearing before the Clerk, a notice of sale, the auction, then a ten-day upset bid period. The full NC timeline.
HOA foreclosure in Huntersville
A lot of foreclosures here start with the homeowners association, not the mortgage lender.
When an HOA can foreclose
Unpaid assessments become a lien after 30 days. Once assessments are 90 days or more past due, the association can foreclose the lien the same way a lender forecloses a deed of trust.
N.C.G.S. 47F-3-116 (planned communities), 47C-3-116 (condominiums)
What it cannot foreclose for
A lien made up only of fines, interest on fines or attorney fees tied to fines cannot go through the Clerk. The association would have to file a lawsuit instead.
Why it matters
An HOA sale can be for a few thousand dollars in dues on a house with far more equity than that. The upset bid period and the right to pay off before it ends still apply. Call early.
Your options in Huntersville
Which of these still fit depends on your equity, your income and how close the sale date is.
Catch up or modify
Get a written reinstatement figure, or send a complete loss mitigation application. A complete application received more than 37 days before a sale generally pauses it while it is reviewed.
Sell before the sale
If you have equity, a closed sale pays off the loan and the difference is yours. How selling before foreclosure works.
Short sale
If you owe more than the house is worth, the lender can agree to take less. How a short sale works.
Deed in lieu
Handing the house back to the lender. Get the deficiency waiver in writing first. What a deed in lieu does.
Bankruptcy
Filing stops the sale while the case is open. A conversation for a bankruptcy attorney.
Frequently asked questions
Can my HOA foreclose on my Huntersville house?
Yes, once assessments are 90 days or more past due. Fines alone cannot be foreclosed through the Clerk. HOA foreclosure in North Carolina.
Where is the foreclosure hearing for a Huntersville home?
At the Mecklenburg County Courthouse, 832 East 4th Street in Charlotte, before the Clerk of Superior Court.
Can I sell my Huntersville house during foreclosure?
Yes, until the upset bid period after the auction ends. Selling during foreclosure.
General information for North Carolina homeowners. It is not legal, tax or financial advice. Terri Lombardo is a licensed real estate broker, not an attorney or tax adviser.
Free HUD-approved housing counseling is available to North Carolina homeowners through the NC Housing Finance Agency on 1-888-442-8188.
Facing foreclosure in Huntersville?
Lender or HOA, tell us what the letter says and roughly what the house is worth. We will tell you what is still open.
Serving Huntersville and all of Mecklenburg County.