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Real Estate & Property Law

: The Home Equity Theft Reporter

New Washington State Law Targets Foreclosure "Surplus-Snatching" Scams; Caps "Overage-Chaser/Scavenger" Fees At 5% In Tax Sales

By r morris

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In Olympia, Washington, LegalNewsline reports:Washington residents who lose their home because of back property taxes could get a little extra money in the end thanks to a bill championed by state Attorney General Rob McKenna that was signed into law Friday. Signed by Democratic Gov. Chris Gregoire, the new law places a 5 percent cap on fees charged by firms that contact owners of foreclosed

Full post as published by The Home Equity Theft Reporter on March 15, 2010 (boomark / email).

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