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Spdj Law Inc P S
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Everyone thinking about selling under a short sale should have their situation and all the details of any potential short sale reviewed by a
AddressSeattle, WA 98198-
Phone(206) 870-8007
Websitewww.spdjlaw.com
We are Washington real estate attorneys, assisting clients in all kinds of matters.

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 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.

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.

Keep your BIGGEST INVESTMENT from becoming your BIGGEST HEADACHE.
It’s advisable to hire legal representation in every transaction. With an attorney's assistance when buying and selling real estate, the benefits can include:
- avoiding costly disputes with the other party or problems with the property.
- learning what "lies beneath" the title report and CC&R's (Conditions, Covenants & Restrictions).
- protecting your interests and rights before closing.
With your goals in mind, we can advise you throughout a sale or a purchase--beyond what your real estate or escrow agents are allowed to advise. An attorney can revise or draft a contract, explain title reports and CC&R'S, draft addenda or escrow instructions, protect your rights, or help negotiate a settlement.

- Sellers - Investors
The average cost of a home can vary from a quarter-million to a half-million or more across Washington State. Still, and too frequently, neither party obtains the advice of an attorney. This puts their rights and interests at risk in the process of buying and selling.
Often, issues arise post-closing that could have been avoided. After closing, it's almost always more expensive and sometimes simply too late to resolve or pursue claims.
As attorneys, our only duty in a transaction is to our client. We regularly advise clients of their rights, best interests and options, with our focus on a satisfactory end result.

We frequently consult with real estate agents, escrow, title companies, accountants, exchangers, homeowners associations, and even financial advisors to help our clients. If you are a buyer, seller, someone just starting to look at homes, or someone thinking about selling, we urge you to consider hiring legal representation.
Other real estate matters.
We help clients resolve property disputes such as boundary or title or easement issues, assist with landlord/tenant matters, and prepare residential or commercial leases. We can also prepare property agreements for joint ownership, cohabitation agreements, or help resolve issues that may arise when joint owners wish to divide their interests.

Our office is conveniently located in downtown Tacoma, on the 13th floor of the Heritage Bank Building, which is on the same block as Starbucks.

Please explore our site for more information, and feel free to contact us.

We look forward to assisting you with all of your real estate matters.

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