Real Estate Law
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Hello and thank you for contacting us. This is Dwayne B. and I’m an expert here and looking forward to assisting you today.
I am not sure what you are asking when you say "how do I get it remedied"?
How to get what remedied?
As to the "can they sue me after so much time", NC has a three year statute of limitations. However, some courts interpret that as being three years from the date the last payment should have been made under the contract, others interpret it as three years from the date the foreclosed house was resold, and others will look at it as three years from the date of the default, which would have been in 2009 and therefore they couldn't sue after 2012. Most judges would lean toward the 2012 date as the cutoff for filing a lawsuit against you.
I'm not familiar with the term "merc report" (we probably just use a different term). What is that?
I may be offline for a little while but if so I'll pick up as soon as I return.