[WSBAPT] Trust/Estate Attorney in or near Ellensburg

[jbdolan at jbdolan.com]

Family may be in need of counsel to advise the trustee(s) in a potentially
contested situation.  Someone in or near Ellensburg would be preferred.

 

Thanks in advance,

 

Jim Dolan

 

=========================

 

Jones Butler Dolan, PS

P.O. Box 458

10027 SR 532

Stanwood, WA 98292

(tel) 360-336-2939

(fax) 360-336-2949

 

 

 

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com>
On Behalf Of Jon Fritzler
Sent: Tuesday, January 2, 2024 2:50 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Is lender approval required for short-sale of property by
an estate?

 

This is a new one for me. I represent a PR in an estate where the net
proceeds from the sale of the decedent's home is going to be less than the
mortgage.  The estate is insolvent and the PR does not have nonintervention
powers so court approval of the sale is required.  We previously obtained
court approval to sell the property and now the PR has accepted an offer. 

 

The realtor says that the lender will need to approve the sale because it is
a short-sale.  Is that true when the property is being sold by an estate and
the sale is subject to court approval?  If so, would you wait for the lender
to approve the sale before asking the court to confirm it? Or, ask the court
to confirm the sale while waiting for the lender to (hopefully) approve it?

 

Sincerely,
Jon M. Fritzler
Attorney at Law
717 E. 22nd St.
Vancouver, WA 98663
Tel. 360.818.4431
Eml fritzlerlaw at outlook.com <mailto:fritzlerlaw at outlook.com> 



 

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