We explain your options.  

We assist with loan modifications.  

We help with ongoing communication with your lender.  

Beware of companies or firms charging large flat fees to examine and process documents for you.  Instead get assistance from a local real estate attorney.  

Depending on your circumstances, different options are likely available--but don't delay.  Call to schedule a consultation right away, especially if a foreclosure is already pending!

Short Sales. 

Short sales often affect homeowners in negative ways they don't realize. The details of each homeowner's situation are necessary for the attorney to evaluate their options and advise how a short sale might affect them.  

Depending on the extent of loan forgiveness and whether you're selling an investment property or a primary residence, you might have a post-sale tax obligation.  On the other hand, sometimes letting the house go to foreclosure means you have no further financial obligation. 

Homeowners can better weigh their options after learning the consequences of each one.  

Distressed Property. 

There are Distressed Property Laws in Washington, where some people helping or offering to help a distressed homeowner have fiduciary duties to the homeowner. If they hurt the homeowner, the homeowner might have a claim for up to triple their damages plus attorneys fees and costs under the Consumer Protection Act. A homeowner can't waive their rights under these laws. (RCW Ch. 61.34)

Everyone thinking about selling under a short sale should have their situation and all the details of any potential short sale reviewed by a real estate attorney and an accountant--especially before working with someone to sell short or before handing their property over to a company that lets them walk away. Those companies might not advise all of the potential negative consequences of this type of situation.

Buyers and Sellers: 

Maybe you would like to save on commission and list your property for sale by owner (FSBO) without hiring a real estate agent.   But what if an agent brings a Buyer to you?  

What if you are FSBO and agreed to a price, but no documents are signed.  What if you unknowingly left $50,000.00 on the table?  Or more than $100,000.00?  How do you know?

If you are buying property from or in contact with a seller who is facing foreclosure, are you a "distressed home consultant" under the June 2008 Washington law?    

Did your agent recommend you seek an attorney's assistance to address a title or boundary issue or to draft a special addendum?   

These are just some of the types of issues that we can assist with.  If something does go wrong, and a lawsuit is filed, you could be involved in expensive litigation for two years or more.  Hiring counsel before there's a problem helps you come out ahead and can save later financial hardship.