Buying A Foreclosed Home In Washington State Review

How you buy depends on the stage of the foreclosure process:

Under Washington law, the winning bidder at a trustee sale is entitled to possession of the property 20 days after the sale . buying a foreclosed home in washington state

Potential for significant value gain through repairs and renovations. How you buy depends on the stage of

You may compete against experienced investors and "flippers". 4. Washington Legal Protections buying a foreclosed home in washington state

Most foreclosures are sold "as-is". While you should always get a professional inspection, the seller (the bank) is generally not obligated to make any repairs. 3. Risks and Benefits

This act provides homeowners with mediation opportunities, which can sometimes delay the availability of a property for purchase.