United Cmty. Bank v. Wolfe
Court of Appeals of North Carolina
1Opinion of the Court
DILLON, Judge.
*245Thomas L. Wolfe and Barbara L. Wolfe ("Defendants") appeal from the trial court's order granting summary judgment in favor of United Community Bank (Georgia) (the "Bank"). For the following reasons, we reverse and remand.
I. Background
In 2008, the Bank loaned Defendants $350,000.00 to purchase certain real property and secured the loan with a deed of trust on said property.
*246Sometime later, Defendants defaulted on the loan. The Bank foreclosed on the deed of trust, and the foreclosure sale was held in August of 2013. The Bank submitted the high bid of $275,000.00 at the foreclosure…
2Cases cited13 opinions
- Dobson v. HarrisSupreme Court of North Carolina · 2000
- Christopher Phelps & Associates, LLC v. GallowayCourt of Appeals for the Fourth Circuit · 2007
- Creech v. MelnikSupreme Court of North Carolina · 1998
- Dallaire v. Bank of America, N.A.Supreme Court of North Carolina · 2014
- North Carolina State Highway Commission v. HeldermanSupreme Court of North Carolina · 1974
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3Cited by3 opinions
- United Community Bank (Georgia) v. WolfeSupreme Court of North Carolina · 2017
- Lund v. LundCourt of Appeals of North Carolina · 2015
- In Re North Carolina (Future Advance) Deed of Trust by Nicor, LLCCourt of Appeals of North Carolina · 2019