FAQ

Who is Resurge Real Estate?

Resurge Real Estate, LLC is a veteran-owned real estate investment firm based in Richland, NC. We specialize in equity rescue deals, creative finance strategies, and distressed property acquisitions to help homeowners avoid foreclosure and protect their equity.

What exactly is an Equity Rescue Deal?

An Equity Rescue Deal is a partnership where we temporarily bring your mortgage current, renovate the property, and split the profits transparently. You avoid foreclosure, preserve your credit, and walk away with cash instead of shame.

How do I get started? 

Simply schedule a free, no-obligation call. We’ll review your situation, run a quick title and foreclosure status check, and propose a trust-based JV structure if we can help.

Will I lose my home?

No! You remain a beneficiary until the property sells.

What if I'm already in foreclosure? We can stop the sale if there's still time before the auction date.

How fast can we close?

In as little as 7-10 days after agreement.

How long does the entire process take?

Most deals close in 45–90 days from our first call. If your foreclosure sale date is sooner, we fast-track title checks and trust setup to stop the clock.

Can I remain in my home during renovations?

Yes. In many cases we arrange for phased renovations or cover your living expenses until the property is ready to list. We customize the plan to fit your needs.

Are there any upfront fees or hidden costs?

No. We cover all closing costs, loan reinstatement funds, and renovation expenses. Our fee comes as a transparent share of the profits at closing—no surprises.

How is the profit split calculated?

After sale proceeds pay off reinstated mortgage, rehab costs, and closing expenses, we allocate net profits according to the JV agreement—typically a 50/50 split, but customizable based on your goals and local market.

What legal protections do I have?

We use land trusts and a formal Joint Venture Operating Agreement. You retain full title ownership, and all deal terms are documented in legally binding contracts stored in your compliance binder.

What if I change my mind after signing?

During North Carolina’s standard attorney-review period (5 business days), either party can cancel without penalty. After that window, contracts are binding unless we mutually agree to amend.

How do you stop a foreclosure sale date?

We reinstate your mortgage through the trust, file the appropriate notices with the Clerk of Superior Court, and pause the auction timeline. You regain a safe window to complete our JV partnership.

What if the seller defaults at the last minute?

Our Purchase Agreement includes a Seller-Default Addendum with time-is-of-the-essence deadlines, specific performance remedies, and liquidated damages. You’re protected if the seller backs out.

How do you verify foreclosure status?

We pull the SP docket at the local Clerk of Superior Court, obtain the Notice of Sale, track upset bid periods, and confirm no hidden liens or tax delinquencies before moving forward.

Who handles the disbursement of my equity split? The title company or closing attorney manages all funds at closing, then issues your share once liens, fees, and renovation costs are paid.

Do you offer ongoing support after the deal?

Yes. We provide a final debrief, answer any questions about your equity, and offer referrals for future investments or refinancing if you want to stay in the market.

How can I leave a testimonial or feedback?

We value your experience. After closing, you’ll receive a link to our client portal where you can submit reviews, refer friends, or connect on social media.