Friday, November 14, 2014
Washington's Foreclosure Process
Washington is a non-judicial foreclosure state. What does that mean for you the homeowner if you are facing foreclosure? for you the investor, if you are buying a short sale or pre-foreclosure property? or for you the real estate broker, if you are representing a client in foreclosure?
Here are a few good links for more information:
The Non-Judicial Foreclosure Process in Washington (A General Overview) in 2014
Deeds in Lieu of Foreclosure in the State of Washington and Their Effect for a Homeowner in 2014
What Ultimate Liability Does the Debtor Have in a Foreclosure or Short Sale in Washington?
Short sales or foreclosures are not a Seller's only option, if they cannot make monthly mortgage payments. To review options other than foreclosure, please message me privately at HomeLandInvestment@gmail.com.