Bellevue, Washington Foreclosure Lawyer
In today’s economic environment, many property owners in the Seattle area have resorted to various types of self-financing to sell a home, a multi-family dwelling or commercial property. When the buyer defaults, the holder of a promissory note or deed of trust must assert their rights and re-claim ownership of the property.
We represent holders of promissory notes and deeds of trust in foreclosure actions involving both residential and commercial property. We can foreclose on your property so that you regain it as quickly as possible, or arrange to sell it on your behalf.
The Foreclosure Process
Generally speaking, a buyer’s default on three payments in a row can trigger a foreclosure proceeding.
We can manage the entire process from start to finish. We can:
- Act as the Trustee of the foreclosure.
- Prepare and mail a Notice of Default to the buyer.
- Post and publish the required notices of foreclosure.
- Finalize the foreclosure process.
- Arrange for the recovery of your property and arrange for an auction or foreclosure sale.
They may be one or more potential defenses to foreclosure that the buyer could use in an attempt to hold on to the property. Our attorneys understand these defenses and will work to overcome them so you can regain your property or sell it.
The entire process usually takes between 120 and 180 days.
Experienced Real Estate Peoples
For over 20 years, we have represented clients in matters involving foreclosure, real estate transactions and real estate disputes. As a small but dynamic law firm, we understand the needs and concerns of individuals and small business owners who have sold property on a self-financing basis.
Our attorneys are knowledgeable in all aspects of the foreclosure process and will do the necessary work to regain your property as quickly and efficiently as possible.