[WSBARP] Trustee Sale Opening Bids

[Bryce Dille]

Here is sales script that I use

Bryce H. Dille
Dille Law, PLLC
2010 Caton Way SW Ste. 101
Olympia, WA 98502
Office: 360-350-0270
Cell: 253-579-5561

** Please note that I use the dictation feature of my iPhone and that sometimes everything I say does not get properly translated**

This transmission contains confidential attorney-client communications and may not be disclosed to any person but the intended recipient(s).  If this matter is transmitted to you in error, please notify the sender immediately.

Business Entity Creation and Management, Business, Government and Tax Law, Real Estate and Land Use, Residential, Commercial and Condominium Development Real Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator Estate Planning, including Wills and Trusts, and Probate Administration Representation Homeowners/Condominium Association Real Estate Developments Real Property Foreclosures and Forfeitures.

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Mimi Wagner
Sent: Wednesday, October 27, 2021 5:07 PM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Trustee Sale Opening Bids

Yes, I have not done a trustee’s sale in maybe a year or more, but I require the starting bid to be $1 more than the credit bid PLUS the filing fee… So, $241 last I checked, and I explicitly say in the script that the starting bid must include the filing fee, etc. so people know why it’s $241 more than the credit bid.  I don’t have any other fee information to list.

e.g.:

1.      The beneficiary of the Deed of Trust has made an opening bid of $280,000.

2.       Due to the Court’s trustee’s sale surplus funds filing fee, I will require any subsequent bids to start at $241 over the beneficiary’s bid.


3.       Are there any additional bids starting at $280,241?


Mimi M. Wagner
Attorney at Law
mimi at sanjuanlaw.com<mailto:mimi at sanjuanlaw.com>
Phone (360) 378-6234
Fax (360) 378-6244
www.sanjuanlaw.com<http://www.sanjuanlaw.com/>



From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> <wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com>> On Behalf Of Rich McEntee
Sent: Wednesday, October 27, 2021 4:50 PM
To: wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Trustee Sale Opening Bids

Good afternoon,

This is a cross post from another listserv. I apologize for duplication.

I have a question regarding an upcoming trustee sale that I am handling. In putting together the opening credit bid to be made by the beneficiary at the sale, I am wondering if there are any miscellaneous items that should be included that don’t immediately stand out, i.e. do you include the superior court filing fee that would be paid to the clerk in the event of a surplus get included? are there other fees that I am missing? Does anyone have a “cheat sheet” that they would be wiling to share? Or general thoughts and strategy or resources regarding setting the opening bid and conduct of the sale?

Thank you
Rich

RICH McENTEE
McENTEE LAW OFFICE
3800 Bridgeport Way W, Ste A411<x-apple-data-detectors://1/1>
University Place, WA 98466<x-apple-data-detectors://1/1>
253.227.9894<tel:253.227.9894>(m)
jrmcentee at gmail.com<mailto:jrmcentee at gmail.com>
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