Here’s a great tidbit from the Washington Association of REALTORS® legal hotline regarding federal laws, tenants & foreclosures….
Question:
Are there state and/or federal laws affecting tenant occupancy of rental property after a foreclosure sale? Continue reading “Federal Laws, Tenant Occupancy & Foreclosures”
Filing Bankruptcy & Selling your Home?
Below is today’s opinion from Annie Fitzsimmons, the attorney who answers questions for the Washington Association of REALTORS® Legal Hotline. If you or someone you know is facing a hardship with their property, please talk to an expert to determine the best way to proceed forward. For additional questions or information, please contact Jen at (206) 293-1005 or send me an email to jen@hudsoncreg.com.
Question:
Property is listed and the owner just filed for bankruptcy. Can listing agents continue to list the property and try to find a buyer? Continue reading “Filing Bankruptcy & Selling your Home?”
Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!
Here is a perfect example of why you should ensure all parties are on board for any legal or real estate transaction. If you have any questions about what you’re trying to accomplish, talk to an expert.
Question:
Property owner owned two adjoining lots. Each lot was separately mortgaged. Owner completed a boundary line adjustment through the county, effecting an equal land trade between the two lots, but never notified either mortgage holder of the BLA. Subsequently, one mortgage holder foreclosed and took title to one of the lots. What was the effect of that foreclosure on the BLA? Continue reading “Foreclosures, Mortgages & Boundary Line Adjustments.. oh my!”
Tenant Occupancy and Foreclosure. How long can I stay?
Question:
Are there new state and/or federal laws affecting tenant occupancy of rental property after a foreclosure sale? Continue reading “Tenant Occupancy and Foreclosure”