By Video Games
Washington business and real estate lawyer Jeff Helsdon explains what a “quiet title action” is and how it can be used in your real estate transactions.
Quiet title actions are most often to come up when your property is in some sort of foreclosure with the bank. See, the bank needs you to pay the balance of your mortgage. But you may owe money and those that you owe it to may have put that money against your home, this is called a “lien.” The bank wants to remove those liens so that they can get as much money out of the transaction as possible. This is where a quiet title action comes in. The bank will announce their intentions of foreclosure and sale, and the quiet title action is brought in order to make sure that the title to the property goes to the person who is entitled to it. Watch the video now to learn more.
For more information about real estate law and my firm, visit our educational website at http://www.tacomalawfirm.com, where you can view the latest news regarding business and real estate in our area. If you have legal questions, I want you to call me at (866) 309-1031. I welcome your call.
Oldfield & Helsdon, PLLC
1401 Regents Blvd., Suite 102
Fircrest, WA 98466