Buying a Short Sale in Washington: A Reality Check
Short sales can be real value, but the lender — not the seller — controls the deal. What approval delays look like and who should actually attempt one.
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All 84 articles tagged “Washington state law.” Researched for Greater Seattle, written in plain English.
Short sales can be real value, but the lender — not the seller — controls the deal. What approval delays look like and who should actually attempt one.
Inheriting a severely cluttered home is overwhelming. A humane, practical sequence: secure, sort, then choose between cleanout, as-is, or investor sale.
Seller financing means the seller acts as the lender — buyer signs a promissory note, seller takes a deed of trust. How owner-carry deals work in Washington.
Sole ownership, joint tenancy, tenancy in common, community property — the vesting choice escrow asks you to make, and how to think about it.
A pre-listing inspection costs a few hundred dollars and creates disclosure obligations — but it can prevent deal failures. Here's the honest tradeoff.
WA sellers owe REET at closing on a graduated scale from 1.1% to 3%. On a $1.5M sale, that's over $18,000. Here's the full breakdown with a calculation table.
How you co-own decides what happens when an owner dies or wants out. The two main forms of co-ownership in Washington, compared in plain English.
Washington foreclosure auctions are cash, as-is, no inspection, no title insurance going in. What trustee sales involve and why they're for experienced buyers.
Covenants, conditions & restrictions ride with the land — paint colors, RV parking, fence heights, even rentals. How to read them before you buy.
Seattle views are usually NOT legally protected. What view easements and covenants do, how to assess the risk to a view, and what a view premium really buys.
Mortgages, tax liens, contractor liens, judgments — what happens to each when a home sells, and which ones can follow the property to a new owner.
The fence is three feet onto the neighbor's lot — now what? How encroachments surface, what they threaten, and how Washington buyers should handle them.
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