Here is a summary of foreclosure laws and rules for the State of Washington:
- In Washington State foreclosure law permits either a judicial or non-judicial foreclosure.
- There is no right of redemption for a trustee’s sale. For court foreclosure, there is a one year right of redemption.
- If the lender uses a non-judicial foreclosure no deficiency judgment is allowed.
- A deficiency is permitted for a judicial foreclosure.
Much more information is available throughout this website, but for definitive advice ask a Washington State lawyer.
If you are interested in reading the actual statutes relevant to mortgage and foreclosure in Washington State those laws are available online.
Learn more about what the above procedures and rules mean. Review the homeowner foreclosure guide on this website.