Do you own a Sequim or Port Angeles home that is now in foreclosure or just a month or two away from the foreclosure process?  It is a sign of the times that many good people find themselves on the verge of foreclosure or in the middle of one.  Some have suffered the loss of their full-time job.  Others have a limited pension, but with large losses in retirement funds managed by so-called professional money managers during the past two years, increasing health care costs, and financial uncertainty, continuing to make large monthly payments on a mortgage is no longer manageable.

In earlier years you might have simply sold your home and down scaled, but with the real estate recession, many homes are now upside down:  they are worth less than the balance of the mortgage.  Some have put their homes up for sale, but have not had any buyers make an offer.

What can you do if you are close to foreclosure or in foreclosure?

As a real estate attorney I did many foreclosures in Sequim and Port Angeles.  I know the process, the costs and fees associated with a foreclosure, the timelines involved, and I know what it takes to keep your house out of foreclosure.  Some of the costs and fees can be compromised, and there are statutory deadlines that cannot be compromised.

As a real estate broker I know what it takes to sell a home in this market.  I also have worked with banks on loan modifications and short sales.  To help my clients and prospective clients, I have many online articles about the foreclosure process, short sales, and marketing a home in this market.

If you are in or approaching a foreclosure on your home in Sequim or Port Angeles, and you would like to sit down with me for a free consultation on what the process involves, how much time you have, what you can do, and whether trying to sell your home makes sense, call me at 360-775-5424 for an appointment.  Do not procrastinate, because time is your enemy in this situation, and I can help only if we have enough time before the statutory Trustee’s Sale at the courthouse.

Possibly Related Posts:

• Another Sequim Foreclosure Disaster
• Sequim Investors Cannot Find Homes to Buy
• Clallam County Foreclosures
• How to Find Sequim Foreclosures
• Are Sequim Foreclosures a Bargain?

Sequim foreclosure home for sale – One acre country home just outside of Sequim, Washington now in default and foreclosure and must be sold fast.  This is a fine two-story Colonial custom home with over 3,400 square feet, a 3-car attached garage with a very high ceiling, a glass sun room, a large kitchen with lots of custom built cabinets, and an unusually large laundry room just off the kitchen, which doubles as a mud room from the garage.  This home has  3 bedrooms, one den, and one extra room.

As the photos show here, this really is a beautiful home.  The yard and the house are looking a bit run down right now precisely because the mortgage is in default and will be sold at a foreclosure sale unless someone snatches it up at cost.  The sellers will net zero on this sale at $510,000.  Update:  Price just reduced by seller to $460,000.  Must be sold fast. This house was originally listed for sale at $699,000, but this real estate market has taken a toll on many sellers, and buyers now have the opportunity to walk in and pick this stunning property and home up for bargain price.

The location is great if you’re looking for a country home.  There’s something majestic about the look of this home when you first see it and every single time you drive by it.  I’ve been driving past this home since I first moved to Sequim in 1994.  I lived just down the hill on Ward Road adjacent to the Olympic Game Farm.  I believe every time I ever passed this home on Lotzgezell, whether I was jogging, bicycling, or driving my car, I always had to look at this home, which sits down Three Firs Lane and off Lotzgezell several hundred yards.  It has a majestic appearance that makes it stunning.  Maybe I just love a traditional colonial, or maybe this home is beautiful to everyone.  What do you think?

This home needs some tender loving care, but remember it is a foreclosure.  Now I’ve seen a lot of foreclosures for sale, and I can tell you this one is head and shoulders above the rest.  Most foreclosures are terribly run down and many in this market have been looted of fixtures and appliances by the prior owners.

To see more photographs and details on this home, go to Sequim Foreclosure Home for Sale.

If you have an interest in looking at this home, call me right away at 360-775-5424.

Possibly Related Posts:

• Another Sequim Foreclosure Disaster
• Sequim Investors Cannot Find Homes to Buy
• Clallam County Foreclosures
• How to Find Sequim Foreclosures
• Are Sequim Foreclosures a Bargain?

This is a list of houses in Sequim that are in various stages of foreclosure, according to Foreclosure.com.   I pay for a monthly subscription fee to be able to access specific information on these sites.   I wish their system would simply allow me to include a link you could use for more detailed information, but Foreclosure.com’s system will not allow that.   But if you see one you have driven past   and you like what you see, you can email me, and I’ll get you the information in the database and email it to you.   Courtesy of Chuck Marunde.

Possibly Related Posts:

• Sequim Real Estate Sales
• Did I Pay Too Much for My Sequim Home?
• Buyers Cannot Always Find The Perfect Sequim Real Estate
• Another Sequim Foreclosure Disaster
• What About Private Septic Systems and Private Wells?

Recently, Inman News published an article on the misleading prices that are often attached to Trulia.com and Yahoo! Real Estate pre-foreclosure listings. It’s a good read, which features commentary and possible solutions from Foreclosure.com Founder, President and CEO, Brad Geisen, about how to correct the problem.

Unfortunately (and unsurprisingly), RealtyTrac.com Vice President of Marketing, Rick Sharga, took exception to Brad’s input. That’s because the company that he represents supplies Trulia.com and Yahoo! Real Estate with their foreclosure data.

Let’s go through a few of Mr. Sharga’s comments line-by-line to clear the air once and for all. Here he is talking about their misleading listings:

Neither Yahoo Real Estate or Trulia or RealtyTrac is setting out to mislead anybody. Anybody looking to purchase a foreclosure property is going to have to educate themselves a little on the process. It‘s not as straightforward as just buying a resale property from an agent.

Whether it is done intentionally or not, RealtyTrac and by association Trulia.com and Yahoo! Real Estate doesn’t appear to have either the desire or the ability to make it clear that the prices associated with some distressed listings are often not sale prices. Therefore, while Mr. Sharga claims, in theory, that he and his partners are not setting out to mislead anybody the reality is that they are.

(more…)

Possibly Related Posts:

• Another Sequim Foreclosure Disaster
• Sequim Investors Cannot Find Homes to Buy
• Clallam County Foreclosures
• How to Find Sequim Foreclosures
• Are Sequim Foreclosures a Bargain?

Foreclosure properties for sale in Sequim and Port Angeles are now available through a retired real estate attorney who himself did many foreclosures in Sequim and Port Angeles. Chuck Marunde now offers his clients a service at no cost, which gives them the ability to search the entire foreclosure database here, including pre-foreclosure properties, trustee sale properties, and REO properties (already foreclosed and listed for sale). This service is offered through Sequim & Port Angeles Real Estate, LLC.

The following is taken from the search page:

The following foreclosure database is a subscription service I pay for, but I offer it to you here at no cost with the permission of the largest foreclosure database in the country, Foreclosure.com. If I can answer a question for you about the foreclosure process or how to bid for a foreclosure, either before the Trustee’s Sale, at the the Sale, or when the property is an REO (bank owned listing), don’t hesitate to email me or call me at 360-775-5424. By the way, if you’re looking for foreclosures in any county in Washington or in any state, make your offer through me. I just might be able to save you a lot of money because of my experience. Why not use me to make money?

One thing I want to share with you up front, although this is self promoting, is that I’ve done more foreclosure work in Sequim and Port Angeles than most, since I was a real estate attorney here, and I did many foreclosures and forfeitures from beginning to end. I know the process intimately, the costs involved, what can be waived or negotiated away, and how to deal with second mortgages, third liens, judgments, tax liens, bankruptcies, and L&I liens. Real estate agents have been calling me for 15 years to understand how to handle these issues. My point? I know this subject. Can I earn your business?

Search the Entire Foreclosure Database for Sequim and Port Angeles here.

Possibly Related Posts:

• Another Sequim Foreclosure Disaster
• Foreclosure Help
• Sequim Real Estate Broker a Registered HUD Homes Buyer’s Representative
• Sequim Investors Cannot Find Homes to Buy
• Are Sellers Out of Touch With the Sequim Real Estate Market?