PAGE 1 – SURPLUS FUNDS CHAIN OF TITLE FOR NORTH CAROLINAFORECLOSURES
CHECK ONE - SP(mortgage foreclosure) ___ CV(tax foreclosure) ____
NAME(S) OF PERSON(S) OR ENTITY FORECLOSED ON (CASE NAME) ______
DEED HOLDER(S) AT TIME OF FORECLOSURE (NOT THE BUYER) ______
FILE OR CASE NUMBER/DESCRIPTOR ______
SURPLUS AMOUNT (per the list) ______
COUNTY ______STATE NORTH CAROLINA
DATE FILE REVIEWED ______RESEARCHER ______
FORECLOSED PROPERTY LEGAL DESCRIPTION ______
FORECLOSED PROPERTY ADDRESS/(LEGALONLY IF VACANT LAND)______
FORECLOSED INFORMATION:
DATE FORECLOSED ______
AMOUNT FORECLOSED ON(JUDGMENT AMOUNT)______((Office use))
SALES PRICE AT AUCTION ______((Office use))
FORECLOSING ENTITY (IF SP – MORT FCLOSURE, WHO NAMED AS THE BENEFICIARY FOR THE SUBSTITUTE TRUSTEE)______(LEAVE BLANK IF YOU CANNOT FIND THIS INFORMATION)
FILE CHECKLIST – ITEMS WE REQUIRE FOR NC FILES
COPY OF DEED SHOWING OWNERSHIP AT TIME OF FORECLOSURE, NOT THE BUYER, THE OWNER AT TIME OF SALE.
COPY OF TRUSTEE’S DEED OR SUBSTITUTE TRESTEE’SDEED SHOWING THE TRANSFER OF OWNERSHIP AT FORECLOSURE SALE. THIS IS THE DEED ISSUED TO THE BUYER AFTER THE SALE. THIS DEED WILL REFRENCE THE CASE NUMBER.
COPY OF ESCHEAT LIST SHOWING THE AMOUNT HELD ON THIS CASE
COPY OF UNPAID MORTGAGES (1ST 3 PAGES) AND RELEASE OF MORTGAGES
IF ANY OF THESE ITEMS ARE MISSING, WE WILL NOT WORK THE FILE.
PAGE 2 – SURPLUS FUNDS CHAIN OF TITLE – MORTGAGE HISTORY
MORTGAGE HISTORY/CHAIN IN ORDER STARTING WITH EX-OWNER’S FIRST MORTGAGE ON PROPERTY
FIRST MORTGAGE ON PROPERTY:
NAME OF MTG HOLDER ______AMOUNT______DATE RECORDED ______BOOK ______PAGE______LOAN # ______ADDRESS/CONTACT INFO ______
SATISFIED/PAID OFF - ? IF SO, DEED BOOK/PAGE REFERENCE: ______
______
SECOND MORTGAGE ON PROPERTY:
NAME OF MTG HOLDER ______AMOUNT______DATE RECORDED ______BOOK ______PAGE______LOAN # ______ADDRESS/CONTACT INFO ______
SATISFIED/PAID OFF - ? IF SO, DEED BOOK/PAGE REFERENCE: ______
______
THIRD MORTGAGE ON PROPERTY:
NAME OF MTG HOLDER ______AMOUNT______DATE RECORDED ______BOOK ______PAGE______LOAN # ______ADDRESS/CONTACT INFO ______
SATISFIED/PAID OFF - ? IF SO, DEED BOOK/PAGE REFERENCE: ______
______
FOURTH MORTGAGE ON PROPERTY:
NAME OF MTG HOLDER ______AMOUNT______DATE RECORDED ______BOOK ______PAGE______LOAN # ______ADDRESS/CONTACT INFO ______
SATISFIED/PAID OFF - ? IF SO, DEED BOOK/PAGE REFERENCE: ______
______
FIFTH MORTGAGE ON PROPERTY:
NAME OF MTG HOLDER ______AMOUNT______DATE RECORDED ______BOOK ______PAGE______LOAN # ______ADDRESS/CONTACT INFO ______
SATISFIED/PAID OFF - ? IF SO, DEED BOOK/PAGE REFERENCE: ______
______
PAGE 3 – SURPLUS FUNDS CHAIN OF TITLE – CONCLUSION SHEET
CONCLUSION – IF DECEASED, PLEASE CHECK ESTATE FILE AND INCLUDE ESTATE FUNDS WORKSHEET AND DOCUMENTATION
______ARE 1ST IN LINE FOR FUNDS CURRENTLY DUE AMOUNT:______
______ARE 2NDIN LINE FOR FUNDS CURRENTLY DUE AMOUNT:______
______ARE 3RD IN LINE FOR FUNDS CURRENTLY DUE AMOUNT:______
______ARE 4TH IN LINE FOR FUNDS CURRENTLY DUE AMOUNT:______