[WSBARP] Preservation of Lien in tax foreclosure sale

Karen Cobb kcobb at freybuck.com
Mon May 22 09:47:55 PDT 2023


Thank you, Joseph.  Does anyone have any experience with the holder of lien/DOT purchasing the property at the surplus sale versus just paying off the tax lien and ending back up in the same place in a couple of years when the owner continues nonpayment of taxes?

Karen L. Cobb
Attorney at Law
 [cid:image001.jpg at 01D98C92.7B420B60]
(206) 486-8003

From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Joseph McIntosh
Sent: Wednesday, May 17, 2023 9:45 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Preservation of Lien in tax foreclosure sale

Probably needs to pay the tax delinquency to protect her interest.   I believe a tax sale surplus, if any, inures to the owner, not extinguished lienholders.

Tax liens are 1st position, they wipe out everything.  If you have an interest you want to preserve, you have to pay close attention to that tax account.  That's why mortgages often get escrowed.

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 Karen Cobb
Sent: Wednesday, May 17, 2023 9:28 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: [WSBARP] Preservation of Lien in tax foreclosure sale

Client settled a suit with property owner ("owner") resulting in a recorded lien against the property.  Owner has failed to pay property taxes and county has brought suit to foreclose.  What does client need to file to protect her lien and ensure payment from the proceeds?  Does anyone have a pleading I could peruse? If client chooses to purchase the property what are the risks?
Thank you.

Karen L. Cobb
Attorney at Law
 [cid:image001.jpg at 01D98C92.7B420B60]
1200 Fifth Avenue, Ste. 1900
Seattle, WA 98101
(206) 486-8003<tel:(206)%20486-8003> direct
(206) 486-8000<tel:(206)%20486-8000> main
(206) 902-9660<tel:(206)%20902-9660> fax
kcobb at freybuck.com<mailto:kcobb at freybuck.com>
www.freybuck.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=cEU73Hx8pDLL0yuVRZrR4wvBE-dENxGPiwG4b7wIOBc&s=wcROfjMcLF1UQ4fWhmQUbyJwlp-HOfGcoBz0yZhzIl8&e=>

CONFIDENTIALITY NOTICE: This email message and any attachments is a transmission from the law firm Frey Buck, P.S..  It may contain information that is confidential and legally protected by the attorney-client, work product and/or other privileges.  If you are not the designated or intended recipient, please destroy the message without disclosing any of its contents and notify us immediately by reply email or by calling 1-206-486-8000.
Pursuant to U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.
For more information about Frey Buck, P.S., visit us at www.freybuck.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.freybuck.com_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=oN3JkEDGkupTWuVes3l0RZhfKP4xFyO5dcDA8kNgBps&m=cEU73Hx8pDLL0yuVRZrR4wvBE-dENxGPiwG4b7wIOBc&s=wcROfjMcLF1UQ4fWhmQUbyJwlp-HOfGcoBz0yZhzIl8&e=>




________________________________

This email has been scanned for spam and viruses. Click here<https://procirrus.cloud-protect.net/index01.php?mod_id=11&mod_option=logitem&mail_id=1684342126-oEVOjeQc_v3X&r_address=kcobb%40freybuck.com&report=1> to report this email as spam.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20230522/e0ab0c5a/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 1950 bytes
Desc: image001.jpg
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20230522/e0ab0c5a/image001.jpg>


More information about the WSBARP mailing list