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--></style></head><body lang="EN-US" link="#0563C1" vlink="#954F72"><div class="WordSection1"><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Typically, the cure has to be tendered to the trustee and not the bank branch and is spelled out in great detail with the cure. Trustee has to accept a cure up to 11 days prior to sale. Almost always will accept a cure within the 11 days and sometimes (not always) the day before the sale.</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">If the borrower is competent and cooperative I have seen many real estate investors/third parties obtain a special power of attorney allowing the investor/third party to directly contact the lender and trustee without issue.</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><div><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="350" style="width:262.5pt"><tr><td width="95" style="width:71.25pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Arial",sans-serif"><img width="95" height="131" style="width:.9895in;height:1.3645in" id="Picture_x0020_1" src="cid:image002.jpg@01D642EB.4C83EB70"></span></p></td><td width="210" style="width:157.5pt;padding:0in 0in 0in 0in"><p class="MsoNormal"><b><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">Robert R Rowley</span></b><span style="font-size:11.0pt;font-family:"Arial",sans-serif"><br></span><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#0e1735">Attorney & Counselor at Law</span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"><br></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue"><img width="12" height="12" style="width:.125in;height:.125in" id="Picture_x0020_2" src="cid:image004.png@01D642EB.4C83EB70"></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> <a href="tel:(509)%20252-5074" target="new"><span style="font-size:9.0pt;color:#7e8183">(509) 252-5074</span></a> </span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue"><img border="0" width="12" height="12" style="width:.125in;height:.125in" id="Picture_x0020_3" src="cid:image006.png@01D642EB.4C83EB70"></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> <a href="tel:(509)%20994-1143" target="new"><span style="font-size:9.0pt;color:#7e8183">(509) 994-1143</span></a><br></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue"><img border="0" width="12" height="12" style="width:.125in;height:.125in" id="Picture_x0020_4" src="cid:image008.png@01D642EB.4C83EB70"></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> <a href="fax:(509)%20928-3084" target="new"><span style="font-size:9.0pt;color:#7e8183">(509) 928-3084</span></a> </span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue"><img border="0" width="12" height="12" style="width:.125in;height:.125in" id="Picture_x0020_5" src="cid:image010.png@01D642EB.4C83EB70"></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> <a href="http://www.rowleylegal.com/" target="new"><span style="font-size:9.0pt;color:#7e8183">rowleylegal.com</span></a><br></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue"><img border="0" width="12" height="10" style="width:.125in;height:.1041in" id="Picture_x0020_6" src="cid:image012.png@01D642EB.4C83EB70"></span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> <a href="mailto:rob@rowleylegal.com" target="new"><span style="font-size:9.0pt;color:#7e8183">rob@rowleylegal.com</span></a><br></span><span style="font-size:8.5pt;font-family:"Arial",sans-serif;color:#0e1735">Helping You Protect What Matters Most</span><span style="font-size:11.0pt;font-family:"Arial",sans-serif"><br></span><a href="https://www.facebook.com/rowleylegal" target="new"><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue;text-decoration:none"><img border="0" width="17" height="17" style="width:.177in;height:.177in" id="Picture_x0020_7" src="cid:image014.png@01D642EB.4C83EB70"></span></a><span style="font-size:11.0pt;font-family:"Arial",sans-serif"> </span><a href="https://www.twitter.com/ROBERTRROWLEY" target="new"><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:blue;text-decoration:none"><img border="0" width="17" height="17" style="width:.177in;height:.177in" id="Picture_x0020_8" src="cid:image016.png@01D642EB.4C83EB70"></span></a><span style="font-size:11.0pt;font-family:"Arial",sans-serif"></span></p></td></tr></table><p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><i><span style="font-family:"Times New Roman",serif">Practice concentrated on business, real estate and general legal matters in Washington and Idaho. </span></i><span style="font-size:11.0pt"></span></p><p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-family:"Times New Roman",serif">NOTICE: The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine or other applicable protections. If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message. Thank you for your assistance. DISCLAIMER: You should recognize that responses provided by e-mail means are akin to ordinary telephone or face-to-face conversations and do not reflect the level of factual or legal inquiry or analysis which would be applied in the case of a formal legal opinion. A formal opinion may very well reach a different conclusion.</span><span style="font-size:11.0pt"></span></p></div><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><div><div style="border:none;border-top:solid #e1e1e1 1.0pt;padding:3.0pt 0in 0in 0in"><p class="MsoNormal"><b><span style="font-size:11.0pt">From:</span></b><span style="font-size:11.0pt"> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>> <b>On Behalf Of </b>marc <a href="http://holmeslawgroup.com">holmeslawgroup.com</a><br><b>Sent:</b> Monday, June 15, 2020 7:46 AM<br><b>To:</b> WSBA Real Property Listserv <<a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>><br><b>Subject:</b> Re: [WSBARP] 3rd Party Mortgage Cure?</span></p></div></div><p class="MsoNormal"> </p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">The recorded Notice of Trustee’s Sale will provide the amount in default and required to cure, the deadline to cure, and the contact info for the trustee. I’d contact them and see if they can’t make arrangements to receive the payment.</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Alternatively, have the sister take a copy of it with her into a US Bank branch with a check to cure the default. I’d be surprised if she can’t find a sympathetic teller and branch manager to help figure it out.</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><div><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Marc Holmes, JD<br>Holmes Law Group PLLC</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">2303 W. Commodore Way, Suite 306</span></p><p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Seattle, WA 98199<br></span><span style="font-size:11.0pt"><a href="mailto:marc@holmeslawgroup.com"><span style="font-size:12.0pt;font-family:"Times New Roman",serif;color:blue">marc@holmeslawgroup.com</span></a></span><span style="font-family:"Times New Roman",serif"><br>(206) 357-4224 (ofc)<br>(206) 849-0853 (cell)</span></p></div><p class="MsoNormal"><span style="font-family:"Times New Roman",serif"> </span></p><div><div style="border:none;border-top:solid #e1e1e1 1.0pt;padding:3.0pt 0in 0in 0in"><p class="MsoNormal"><b><span style="font-size:11.0pt">From:</span></b><span style="font-size:11.0pt"> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> <<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a>> <b>On Behalf Of </b>Kary Krismer<br><b>Sent:</b> Monday, June 15, 2020 9:28 AM<br><b>To:</b> <a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a><br><b>Subject:</b> Re: [WSBARP] 3rd Party Mortgage Cure?</span></p></div></div><p class="MsoNormal"> </p><p>I had a listing a couple years ago where getting a payoff out of the bank was extremely difficult because my client had foreclosed out the borrower. Being the owner of the property was not good enough for the bank to give that information out, even though we were under contract. I finally located someone at the bank high enough up to put pressure on the payoff department to act. I don't think I would have succeeded if I had not represented the owner (e.g. represented a third party).</p><p>I'm not sure the NTS will give you the information you need due to subsequent charges and fees. But you could overpay to be on the safe side. Overpaying may not matter in the long run, which leads to the next point.</p><p>I'd be worried about this being a recurring problem. If the client cannot just pay off the mortgage such as perhaps buying at foreclosure, they could be just throwing money away if the payment issues cannot be resolved. If there's not a long term plan I would advise against the initial cure.</p><pre>Kary L. Krismer</pre><pre>John L. Scott, Inc. </pre><pre>206 723-2148</pre><div><p class="MsoNormal">On 6/14/2020 2:15 PM, Erik Marks wrote:</p></div><blockquote style="margin-top:5.0pt;margin-bottom:5.0pt"><p class="MsoNormal"><span style="font-size:11.0pt">Client's brother owns home with one mortgage on it, LTV of about 25%. Clearly there is significant equity. Client recently found out the mortgage is in foreclosure, with the sale date in late July. Client does not know why brother is neither paying mortgage, nor dealing with the foreclosure process; he does not talk about it. Mental health issues are suspect, but those cannot be solved in time to stop the sale.</span></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><p class="MsoNormal"><span style="font-size:11.0pt">Client wants to find out cost to cure, and pay it. And thereafter make ordinary monthly payments on the loan, until she can help her brother get things sorted out. </span></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><p class="MsoNormal"><span style="font-size:11.0pt">The challenge is that client is not the borrower, and borrower has not asked/authorized lender to work with client. So, my question to the group is: do you think the lender (US Bank) will cooperate to allow a 3<sup>rd</sup> Party to cure the mortgage default? And any suggestions how to get in contact with US Bank to discuss, other than calling in through the 1-800 front door phone lines?</span></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><p class="MsoNormal"><span style="font-size:11.0pt">Thank you for any insights you may have. </span></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><p class="MsoNormal"><span style="font-size:10.5pt;color:black">-- </span></p><p class="MsoNormal"><b><i><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:#4d573a">Erik G Marks</span></i></b><span style="font-size:10.5pt;color:#4d573a"> </span></p><div><p class="MsoNormal"><b><i><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#4d573a">Attorney at Law</span></i></b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#4d573a"> </span><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black"><br>2255 Harbor Ave SW</span></p><div><p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black">Suite 203</span></p></div><div><p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black">Seattle, WA 98126</span></p></div><div><p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black"> </span></p></div></div><p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:black">office: 206-264-4598 <br>cell: 206-612-8653<br><br></span><u><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#0000fe"><a href="mailto:erik@egmrealestate.com">erik@egmrealestate.com</a></span></u></p><p class="MsoNormal"><span style="font-size:11.0pt"> </span></p><p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt"> </span></p><pre>***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***</pre><pre> </pre><pre>_______________________________________________</pre><pre>WSBARP mailing list</pre><pre><a href="mailto:WSBARP@lists.wsbarppt.com">WSBARP@lists.wsbarppt.com</a></pre><pre><a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__mailman.fsr.com_mailman_listinfo_wsbarp&d=DwMDaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=99mcggAkYERy1-yzGtdxttxOROFWIbbsscjWo0sEDhE&m=OG0iAsRUur6A9Ry96JxvVUmbvegNOlxl8fUTsqnhq7s&s=nUBeHV5mEApYfVk4BnHIWkjhTqKcU8uemJEhNs1C79w&e=">http://mailman.fsr.com/mailman/listinfo/wsbarp</a></pre></blockquote></div></body></html>