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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">Rich:<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">I would think that the opening bid would only consist of what is listed in the notice of trustee’s sale and notice of default. Nothing more. As a practical matter, if the beneficiary
is the only bidder, so what if it underbid?<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">If a third party bids, then there will be a surplus from which the trustee is entitled to deduct his fees and costs to deposit the surplus in court. If the surplus is de minimis,
like $1, most trustees don’t bother to deposit.<o:p></o:p></span></font></p>
<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
<p class="MsoNormal"><font size="4" color="#1f497d" face="Arial"><span style="font-size:13.0pt;font-family:"Arial",sans-serif;color:#1F497D">Rod Harmon</span></font><o:p></o:p></p>
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<p class="MsoNormal"><b><font size="4" color="#1f497d" face="Arial"><span style="font-size:13.0pt;font-family:"Arial",sans-serif;color:#1F497D;font-weight:bold">RODNEY T. HARMON</span></font></b><o:p></o:p></p>
<p class="MsoNormal"><b><font size="2" color="#1f497d" face="Arial"><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1F497D;font-weight:bold"> Attorney at Law</span></font></b><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> P.O. Box 1066</span></font><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> Bothell, WA 98041</span></font><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> Tel: (425) 402-7800</span></font><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> Fax: (425) 458-9096</span></font><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> <a href="http://www.rodharmon.com"><font color="#0563c1"><span style="color:#0563C1">www.rodharmon.com</span></font></a></span></font><o:p></o:p></p>
<p class="MsoNormal"><font size="2" color="#1f497d" face="Arial"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"> <a href="mailto:rodharmon@msn.com"><font color="#0563c1"><span style="color:#0563C1">rodharmon@msn.com</span></font></a></span></font><o:p></o:p></p>
<p class="MsoNormal" style="margin-top:6.0pt"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
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<p class="MsoNormal"><b><font size="2" face="Calibri"><span style="font-size:11.0pt;font-weight:bold">From:</span></font></b> wsbapt-bounces@lists.wsbarppt.com
<b><span style="font-weight:bold">On Behalf Of </span></b>Rich McEntee<br>
<b><span style="font-weight:bold">Sent:</span></b> Wednesday, October 27, 2021 12:23 PM<br>
<b><span style="font-weight:bold">To:</span></b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b><span style="font-weight:bold">Subject:</span></b> [WSBAPT] Trustee Sale Opening Bid<o:p></o:p></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">Good afternoon<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">This is a cross post from another listserv. I apologize for duplication.<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">I have a question regarding an upcoming trustee sale that I am handling. In putting together the opening credit bid to be made by the beneficiary at the sale, I am wondering if
there are any miscellaneous items that should be included that don’t immediately stand out, i.e. do you include the superior court filing fee that would be paid to the clerk in the event of a surplus get included? are there other fees that I am missing? Does
anyone have a “cheat sheet” that they would be wiling to share? Or general thoughts and strategy regarding setting the opening bid?<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt"><o:p> </o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">Thank you<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="2" face="Calibri"><span style="font-size:11.0pt">Rich<o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="4" color="black" face="Copperplate"><span style="font-size:13.5pt;font-family:"Copperplate",serif;color:black">3800 Bridgeport Way W, Ste A411</span></font><font size="4" color="black" face="Helvetica"><span style="font-size:13.5pt;font-family:"Helvetica",sans-serif;color:black"><o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="4" color="black" face="Copperplate"><span style="font-size:13.5pt;font-family:"Copperplate",serif;color:black">University Place, WA 98466</span></font><font size="4" color="black" face="Helvetica"><span style="font-size:13.5pt;font-family:"Helvetica",sans-serif;color:black"><o:p></o:p></span></font></p>
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<p class="MsoNormal"><font size="4" color="black" face="Copperplate"><span style="font-size:13.5pt;font-family:"Copperplate",serif;color:black">253.227.9894(m)</span></font><font size="4" color="black" face="Helvetica"><span style="font-size:13.5pt;font-family:"Helvetica",sans-serif;color:black"><o:p></o:p></span></font></p>
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