Finance
North Carolina allows non-judicial (power of sale) foreclosure. During this process, how long is the upset bid period after the foreclosure sale?
A3 days
B5 days
C10 days✓ Correct
D30 days
Explanation
After a power of sale foreclosure in NC, there is a 10-day upset bid period during which any person may submit a higher bid of at least 5% more than the sale price.
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