You are here:
- Home
- Real Estate
- Home Buying/Selling
- Buying or Selling a Home
- Foreclosure & liens
Buying or Selling a Home/Foreclosure & liens
Advertisement
Question
I read your answer about liens that carry over with a foreclosure if bought on the courthouse steps in california, Do the same rules apply in Washington state? And were does one read about this?
Thanks
Steve
In Washington State, Steve, the lien is called a mortgage. The predominant method of foreclosure is judicial. That means the foreclosure is controlled by a judge somewhere. The owner of the property may stay in the house for up to 12 months during the redemption period. And a deficiency judgment is allowed.
To make sure you have all the information, I recommend you contact the foreclosure department at a title company. They will steer you in the right direction.
I wish you well.
Dick Dennis, dixiedee13@aol.com
Related Articles
- Foreclosure - Foreclosure Laws - U.S. States Foreclosure Laws
- Right of Redemption - Buying Foreclosures
- Deficiency Judgments - Deficiency Judgments After Foreclosures or Short Sales
- Deficiency Judgments - How Deficiency Judgments Work
- Servicemembers Civil Relief Act (SCRA) - Section 307 - Enforcement ofstorage liens
Answers by Expert:
- Dick Dennis
- Jessica Bryan
- liznarr
- Hans Weber, Licensed Broker Associate
- Sue Bernstein
- Karyn Foley
- Dottie Worthington
- Jim Root
- Russel Ray
- Connie Wildasinn-Broker,GRI,RealtorŪ
- Todd C. Menard
- Diann Tonnesen
- John Hendricks
- Jay Denit
- Matt Heisler
- Lisa Webber
- John
- Laurie Stephenson
- Marvin G. Bobbitt, III
- Nori J. Muster
- Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO
- CJ Brasiel
- Jeff Kessler
- Kathryn Hisert
- Emily
- Ted Lewis
- Kerrin Kostelic, FL Broker Associate, GRI, AHWD
- Tim Norris
Dick Dennis
Expertise
With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.
Experience
Solving real estate problems for 37 years.
Organizations
National Association of Realtors
Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate
©2012 About.com, a part of The New York Times Company. All rights reserved.