[WSBARP] Referral: lease-to-own (attorney in Kitsap/Clallam/Jefferson)

Jan Kelly jan at jankellylaw.com
Thu Jan 21 17:07:53 PST 2016


I would be happy to work with him. I am a real estate transactional attorney in Poulsbo.

Jan Kelly 

Sent from my iPhone

> On Jan 21, 2016, at 4:35 PM, David Faber <david at faberfeinson.com> wrote:
> 
> PC is trying to purchase a home but works in the 502 recreational marijuana industry and is, accordingly, ineligible to receive a mortgage. PC has found a for-sale-by-owner property, currently subject to an existing mortgage. Existing-owner is willing to carry a note on the property, but I have cautioned PC about the effect of executing a transaction for the property with an acceleration clause in the mortgage. PC and existing-owner are now pushing the idea of lease-optioning. I do not feel comfortable giving legal advice on this issue any further and, accordingly, would like to refer out this matter. Please let me know if you would be willing to speak with the PC.
> 
> Best,
> David J. Faber
> Faber Feinson PLLC
> 210 Polk Street, Suite 1
> Port Townsend, WA 98368
> (360) 379-4110
> 
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