[WSBARP] foreclosure vs deed in lieu

[Tom Ashton]

Greed, simply, plain and simple. Shameful. Not while I became an attorney. I am embarrassed and am glad that I am no longer practicing law.

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________________________________
From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> on behalf of Robert R. Cole <cole-gilday at stanwoodlaw.net>
Sent: Tuesday, September 22, 2020 5:30:31 PM
To: WSBA Probate & Trust Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] foreclosure vs deed in lieu


Can someone tell me why Lenders don't take a deed in lieu, especially after Borrower's death, even when there is no other loan, and a PR willing to give it, and no Medicaid to be reimbursed?  It has happened to me numerous times.  Is it due to insurance issues or other back office matters???  What are they afraid of?

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Very Truly Yours,

Robert R. Cole

Law Office of Cole & Gilday, P.C.



10101 - 270th St. NW

Stanwood, WA 98292

(360) 629-2900 (Telephone)

(360) 629-0220 (Fax)



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