[WSBAPT] Assignment/Sale of Redemption Rights

[Bryce Dille]

Better make sure there are rights for if house was vacant for six months as defined by statute bank can eliminate all redemption rights if deficiency waived

Sent from my BlackBerry 10 smartphone on the Verizon Wireless 4G LTE network.
From: Samuel M. Meyler
Sent: Tuesday, January 26, 2016 12:45 PM
To: WSBAPT at lists.wsbarppt.com; WSBARP at lists.wsbarppt.com
Reply To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] Assignment/Sale of Redemption Rights


Listmates,

Looking for some input on the following scenario.  Potential client’s mother passed away.  Deceased’s home goes into judicial foreclosure and property is “sold” at auction (back to the bank).  Potential client has been approached by a third-party that is interested in paying client to assign/sell the redemption rights.  How is this properly accomplished?  Does anyone have forms that they are willing to share?  Thanks!

Sincerely,

Samuel M. Meyler
Attorney at Law

Mail:  P.O. Box 777 | Redmond, WA 98073-0777
Location:  8201 164th Ave. NE, Suite 200 | Redmond, WA 98052
Tel:  425.881.3680 | Fax:  425.881.1457 | Email:  samuel at meylerlegal.com<mailto:samuel at meylerlegal.com>

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