Washington State 2nd Mortgage deficiency
If the original loan was broken into two loans (typically called an 80/20 loan) with the same lender, there is an argument that the Washington...
Seattle, WA
Real estate Lawyer at Seattle, WA
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If the original loan was broken into two loans (typically called an 80/20 loan) with the same lender, there is an argument that the Washington...
The Power of Sale is in the document called "Deed of Trust" and gives the designated trustee the power to sell the property in accordance with...
Yes, once the foreclosure sale takes place (trustee's deed recorded) the title changes and the new owner, which may be the foreclosing lender, is...
The foreclosure notice will specify the foreclosure date. Many lenders are unable to keep up and the sales have been delayed for months. There...
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The posting of the notice is required by law to insure that all proper parties know of the foreclosure and have an opportunity to stop it or...
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A deed in lieu has very few benefits in Washington for the homeowner. You might have potential liability for some of the debt, have taxable income...
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This is complicated. We don't know if there are additional loans secured by the property. If not, it might be sensible to let it go to...
Washington is a non recourse state so there is no liability for a deficiency on the first deed of trust. They would still be liable for the debt...
Anyone engaged in this business needs to be licensed (attorney, Realtor, distressed property consultant) in the State of Washington. Many free ...
There is a lot of confusion about overturning a completed foreclosure in the State of Washington. There are some doctrines that preclude such a...