[WSBARP] Collection Account Holder Referrals Sought
Nick Pleasants
npleasants at ohswlaw.com
Mon Mar 31 14:23:21 PDT 2025
Jan,
We've used Timberland Bank for note servicing. Their pricing is very reasonable. https://www.timberlandbank.com/resources/note-servicing
I don't think the bank can record the reconveyance. The Deed of Trust would typically name a title company as the trustee, and then the title company can take care of filing Reconveyance when the note is paid off.
Best,
Nick
Nicholas Pleasants | Shareholder
[OseranHahnAttyatLaw 8]
11225 SE 6th Street | Suite 100 | Bellevue, WA 98004
Main: (425) 455-3900 | Fax: (425) 455-9201 | E-mail: npleasants at ohswlaw.com<mailto:npleasants at ohswlaw.com>
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> on behalf of Jan Kelly <jan at jankellylaw.com>
Sent: Monday, March 31, 2025 12:37 PM
To: wsbarp at lists.wsbarppt.com <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Collection Account Holder Referrals Sought
For Kitsap County, who do you recommend for routine collection and servicing of Promissory Note installment payments? We are looking for this service to also take care of taxes and potentially insurance, in addition to providing escrow services for reconveyance when the balloon payment is made.
Thank you.
Jan Kelly, JD, MBA
Attorney at Law
JK Law
PO Box 1964
Poulsbo, WA 98370
Direct Line (702) 338-6733
Licensed in Nevada and Washington.
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