[WSBARP] Irving Patterson
PrestonFoskey
preston at plfps.comcastbiz.net
Fri Mar 7 09:35:45 PST 2014
Lisa:
Thank you. This appears to be a good offer but I need to
do my due diligence before recommending it to my client.
Preston L. Foskey, Attorney at Law
WSBA # 12509
Preston L. Foskey, P. S.
8248 East D Street
Tacoma, Washington 98404-1042
Phone: 253.535.5829 Fax: 253.535.9391
E-Mail: preston at plfps.comcastbiz.net
WARNING: This email (including any attachments) is covered by the
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recipient is NOT a waiver of attorney-client privilege. Any violation of
the ECPA is subject to the penalties stated therein.
SPECIAL NOTICE TO CLIENT(S): If you are my client this email is directed
to you, DO NOT FORWARD to any other party, or you could be waiving the
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Thank you.
From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Lisa Schuchman
Sent: Friday, March 07, 2014 6:52 AM
To: <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Irving Patterson
Preston,
I have sold a house in probate in similar conditions, though not to this
person. The PR made a connection with someone who made an offer on a dump
of a house. They were very good to work with. The decedent bought it on
contract in the 1950s and never got a fulfillment deed. They even hunted
down the heirs of the contract vendor to clear title. They assigned the
purchase before closing to another party, which is what they intended to
do all along. I don't see any problem with that. There was no realtor's
commission and we got at least as good a price as we would have had it
been listed. I checked them out a bit online - maybe Mr. Patterson can
show some history. Also, make sure his escrow is competent or choose your
own.
Lisa E. Schuchman
206-325-2801
www.lisaschuchman.com
On Mar 7, 2014, at 6:06 AM, "PrestonFoskey" <preston at plfps.comcastbiz.net>
wrote:
Listmates:
I am representing an out of state PR in the probate of his
mother’s estate. The Decedent’s home is now ready for sale and I acquired
a market analysis from a local realtor who estimated the market value to
be between $62,500 and $67,500.
I was about to recommend that we list the property when my
client advised that he had an offer from a local speculator of $62,500.
I’m not sure how the PR made contact with this individual but the inquiry
and offer came through the client.
The offer is the low value of the market value estimates
but without an real estate commission will realize as much if not more
than a sale at the high estimate through a realtor with a commission.
I have received a Earnest Money Receipt and Offer to
Purchase from the prospective buyer that appears to be in order. The
purchase offer contemplates payment in full at closing (no financing).
My only concern is that I know nothing about the buyer and
am aware that there are some untrustworthy folks out there dealing in the
flipping of distressed properties and estate offerings.
Have any of you had dealings with or are you aware of the
reputation of the purchaser Irving Patterson who is now in Tacoma and
allegedly previously did business in Seattle.
The offer is made by Irving Patterson or Assigns for
Potential Profit.
Does anyone have any information on this purchaser
especially anything that might lead me to be careful in dealings with the
potential buyer.
Thank you for any input you can provide.
Preston L. Foskey, Attorney at Law
WSBA # 12509
Preston L. Foskey, P. S.
8248 East D Street
Tacoma, Washington 98404-1042
Phone: 253.535.5829 Fax: 253.535.9391
E-Mail: preston at plfps.comcastbiz.net
WARNING: This email (including any attachments) is covered by the
Electronic Communications Privacy Act (EPCA), 18 U.S.C., Sec. 2510 - 2522,
is confidential and privileged. This email is solely for the use of the
addressee(s) named above. Receipt by anyone other than the individual
recipient is NOT a waiver of attorney-client privilege. Any violation of
the ECPA is subject to the penalties stated therein.
SPECIAL NOTICE TO CLIENT(S): If you are my client this email is directed
to you, DO NOT FORWARD to any other party, or you could be waiving the
attorney-client privilege.
Notice: The information contained in this e-mail is confidential and may
also be attorney-client privileged. This information is intented only for
the use of the individual or entity to whom it is addressed. If you are
not the intended recipient, or the employee or agent responsible to
deliver it to the intended recipient, you are hereby notified that any
use, dissemination, distribution,or copying of this communication is
strictly prohibited. If you have received this e-mail in error, pleasee
immediately notify me by replying to this e-mail and deleted the original.
Thank you.
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Bar Association nor its officers or agents.
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Information provided on this list should not be considered legal advice.
As with all lists - let the reader beware! No warranties or
representations are made as to the accuracy of any information provided.
All opinions and comments in this message represent the views of the
author and do not necessarily have the endorsement of the Washington State
Bar Association nor its officers or agents.
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