[WSBARP] Ownership of home post foreclosure auction.

[Jim Doran]

If the home was not "purchased" at the sale then the foreclosure was not
completed.  No deed from the Trustee was delivered to a new owner.

This means that your client is still the owner of the property.

There are a number of defenses that can be raised in a foreclosure process
to keep the bank and servicer at bay.  Now that the great recession of 2008
is getting years past the statute of limitations defense is looming and
working its way through the courts of America.  The entire debt or part of
it might now be barred.

anyway, if you client wants to talk to me a bout tis, or you want to, I am
happy to do so.  I have been doing "foreclosure defense" for a while now.

Jim Doran


James R. Doran
Attorney at Law
100 E. Pine Street -  Suite 205
Bellingham, WA 98225
(360)393-9506
jim at doranlegal.com
www.doranlegal.com

On Thu, Jun 23, 2016 at 4:49 AM, <attorney at shanapavithran.com> wrote:

>  I have a client, whose home was foreclosed, pursuant to a trust deed
> foreclosure.  The lender held an auction on 2/5/16.  The value of the
> mortgage was approximately 230K appraised current value is approximately
> 155K.  Though foreclosed, home was not sold at the auction.  The bank did
> not bid at the auction or transfer ownership of the home to the bank's
> name.  The home remains in the client's name. He still pays the water bill
> on it.  He does not live there right now.  What rights does he have
> regarding the home?  Does the bank own it or does the client own it
> outright, as the mortgage is discharged by the foreclosure.
>
>
> Shana Pavithran
> Attorney-at-Law
> Pavithran, PLLC.
> 22525 SE 64th Place, #279
> Issaquah, WA 98027
> Telephone: (425) 557-3625
> Email: attorney at shanapavithran.com
> Website: www. shanapavithran.com
>
>
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