[WSBARP] Taking Title Subject to Lien

Nicholas Pleasants nick at pleasantslaw.com
Tue Sep 29 12:08:24 PDT 2020


Hello RPPT Folks,
Looking for help on a residential real estate transaction. Let’s say the Title Report shows an exception for a judgment against the potential buyer. Suppose Buyer wants to ignore the judgment and just deal with it later. Leaving aside the obvious fact that it should be dealt with because it is bearing interest at 12% per annum. Does the judgment creditor have rights they can easily assert against the property if it is not being used as a homestead? Force a foreclosure sale? It seems unlikely, but I want to give the Buyer a realistic picture of the potential exposure by not paying off this judgment now. Thanks for your help.
Best,
Nick

Nicholas Pleasants
Owner

[(Logo) Pleasants Law Firm]<http://www.pleasantslaw.com/>

Pleasants Law Firm, P.S.
2300 130th Ave NE, Suite A-101
Bellevue, WA 98005-1755
(425) 615-7070 tel/fax
nick at pleasantslaw.com<mailto:nick at pleasantslaw.com>
www.pleasantslaw.com<http://www.pleasantslaw.com>
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