[WSBAPT] Selling Property from Estate using a Deed of Trust (foreclosure risks)

Wed May 3 14:22:31 PDT 2017

Hello,

PC (personal representative) is considering an offer buy real property from
an estate using a deed of trust. (Seller carrying the loan balance)

Seller/Personal Representative wants to know how "difficult/expensive" it is
to regain possession of the property in the event of a default. 

While I handle some property related matters, including ejectments, I am not
familiar with the foreclosure process.

Anyone have insight on this from the perspective of an estate? My initial
reaction is that this may not be the best approach for the estate but that
may be based on some past horror stories! My typical probate client does not
want this approach so this is  new one for me.

Sincerely,

G. (Gus) Benjamin Lindsey III

Attorney-at-Law

The Law Office of G. Benjamin Lindsey III

2012 Grade Road, Suite 202

Lake Stevens, WA 98258

Phone:   (425) 263-9585

website: www.gbl3law.com <http://www.gbl3law.com/> 

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