Washington state increases foreclosure eviction timeframe to 60 days.

There is an old saying, "the law is for the lawless". Many people in Washington state facing foreclosure will benefit from this new law (especially families where there are children involved and new schools have to be found sometimes) but for those who exploit the system, it puts more sand in the machinery.

Please click on article below defining the new law our governor has just signed:

http://www.raincityguide.com/2009/06/19/longer-waiting-period-to-evict-tenants-after-foreclosure-in-wa-state-effective-july-26-2009-and-free-legal-aid-for-wa-homeowners-facing-foreclosure/

I am interested in anyone's take on this and what effect positively or negatively it will have.

Posted by Jim Perry on 06/21/2009 12:19 AM

Comments (4)

New Foreclosure Law in Washington State in the ActiveRain Channel

foreclosures, wa state, short sales, listing agents, mortgages

Generate short URL

This post has been included in Washington Real Estate News Pierce County, WA Real Estate News University Place, WA Real Estate News
Post is included in group: King County Washington Real Estate For Sale
Post is included in group: Posts to Localism
Post is included in group: Realtors®
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Short Sale REALTORS®

4 Comments on Washington state increases foreclosure eviction timeframe to 60 days.

JUN

2009

Yes, more sand in the machinery. But it will help those that need it as well. So I am glad to hear about the new law, even if some take advantage of it.

This new law will just increase the cost for purchasers and lead to more REO properties.

Follow me on Twitter: http://twitter.com/roykelley

I think you will see more renters taking advantage of the system and just stop paying their rent and live for free and possible damage the property as they go out. I hope I'm wrong but people being forced out, the time frames really don't matter. (They usually know well in advance of the foreclosure date anyway that they are going to have to move)

JUN

2009

I think they should prove that they have been paying rent to an owner that took it and didn't tell him he was in trouble. If not, why reward them? If their lease was up they could be given 30 days notice - where did 60 days come from? Even the owner having 20 days is nuts - they've not paid for a long time, why should they have that long after they lose the home to move? All the more time to tear the home apart once the reality hits. I can't imagine taking a buyer to a foreclosure sale under those curcumstances.

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?

Jim Perry

Tacoma, WA

More about me…

RE/MAX Professionals

Address: 4801 South 19th Street, Suite 200, Tacoma, WA, 98405

Office Phone: (253) 472-2122

Cell Phone: (253) 241-6296

Email Me

Links

Archives

Find WA real estate agents and Tacoma real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.