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  1. #1

    Post Foreclosure Purchase - What to Do with Personal Property

    My question involves a foreclosure in the State of: North Carolina, I purchased a home @ f/c sale. Redeemption period has expired trustees deed has been issued. Former owner has vacated, but left some personal property. What does the law say about how long I have to store it? Do I have to place a public notice in the local paper and if so for how long? thanks.

  2. #2
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    Default Re: Foreclosure Purchase - What to Do with Personal Property

    Generally speaking, if personal property is left behind in a house that you've purchased, it becomes yours. There are companies that contract with lenders to clear out foreclosed homes - the general approach is, "everything into the garbage." I haven't found a specific rule for North Carolina foreclosures.

    Does this property have any value?

  3. #3

    Default Re: Foreclosure Purchase - What to Do with Personal Property

    The property left is washer/dryer and furniture all of which has some value, but not more than a couple thousand.

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