Times have gotten tougher for millions of Americans in recent years due to rising prices and an ailing job market. Sadly, economic depression is always accompanied by increasing foreclosure rates. Foreclosure is the process by which a lender can repossess your home if you fall too far behind on your mortgage payments. If you’re in […]
Facing foreclosure is one of the most difficult things you’ll ever have to do. Whether you’re dealing with the prospect of losing your family home or your business property, there are likely no limits to the lengths you’ll go to in order to keep it in your possession. Luckily, you have options in this regard. […]
Can You Sue for a Barking Dog? Dogs are known as man’s best friends. They can also be a nuisance and create major problems between neighbors. But can you sue for a barking dog? If there is one dog barking, it is considered to be private nuisance, but if there are many dogs involved, the […]
It is important for property owners to understand real estate trespassing laws in Washington and their legal rights. The act of trespass and subsequent remedies for property owners are governed by both common law (decisions made by the courts) and by Washington state statutes. Trespass is a tort, which means it is a wrongful act […]
By Thomas L. Dickson, Esq. In a highly-charged real estate market, people losing their homes to deeds of trust foreclosure may be surprised to learn they are entitled to cash after the trustee’s sale. Despite the unpleasant fact a foreclosure is taking place, often the equity gained by the fated property substantially exceeds the amount […]
By Thomas L. Dickson, Esq. Used together, a promissory note and a deed of trust embody the most common type of mortgage. The deed of trust is recorded on the borrower’s title securing the note and prioritizing the loan’s position on title. There are only two ways to foreclose on this mortgage: judicially and nonjudicially. […]
In response to the sub-prime mortgage crisis of the latter part of the last decade, the United States government instituted several programs to help homeowners and tightened regulatory controls on the mortgage industry. One the programs created was the Home Affordable Modification Program,1 often referred to as “HAMP.” The program encourages lenders to lower homeowners’ […]
Unlike in many other states, people who are buying or selling a home are not required to have an attorney present at a real estate closing. This is not to say, however, that it is not a good idea to have an attorney thoroughly review the transaction in which you are about to enter, especially […]
Homeowners often face financial hardships that threaten their ability to make their mortgage payments on time. Because the family home constitutes the most significant asset for many households, the prospect of foreclosure can be an alarming possibility. Fortunately, a range of options including loan modification programs provide viable options that have enabled many people to […]
While the real estate market has turned around to some extent in Washington, the number of foreclosures in Tacoma continues to outpace other cities throughout the state. Approximately one in every 685 homes was subject to a foreclosure notice in November 2015, according to data from Realtytrac.com. Since many foreclosed residential properties are occupied by […]
