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	<title>SEattle Real Estate NEws - SERENE™ &#187; Legal Lane</title>
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	<description>...as seen on SERENE™</description>
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		<title>Home foreclosed: are tenants protected?</title>
		<link>http://seattlerealestatenews.com/2012/03/20/home-foreclosed-are-tenants-protected/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=home-foreclosed-are-tenants-protected</link>
		<comments>http://seattlerealestatenews.com/2012/03/20/home-foreclosed-are-tenants-protected/#comments</comments>
		<pubDate>Tue, 20 Mar 2012 14:51:32 +0000</pubDate>
		<dc:creator>Gerhard Ade</dc:creator>
				<category><![CDATA[Legal Lane]]></category>
		<category><![CDATA[Sellers Corner]]></category>
		<category><![CDATA[foreclosed rental home]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[Protecting Tenants at Foreclosure Act]]></category>
		<category><![CDATA[PTFA]]></category>
		<category><![CDATA[renters]]></category>
		<category><![CDATA[tenant]]></category>

		<guid isPermaLink="false">http://seattlerealestatenews.com/?p=2107</guid>
		<description><![CDATA[The federal law offering protection for tenants in foreclosed rentals has been extended.  The “Protecting Tenants at Foreclosure Act” (PTFA) was originally scheduled to expire on December 31, 2012, but the Dodd-Frank Act has extended it to December 31, 2014. That's good news for renters.]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Nothing sexist about subordination</title>
		<link>http://seattlerealestatenews.com/2012/02/28/nothing-sexist-about-subordination/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=nothing-sexist-about-subordination</link>
		<comments>http://seattlerealestatenews.com/2012/02/28/nothing-sexist-about-subordination/#comments</comments>
		<pubDate>Tue, 28 Feb 2012 15:56:24 +0000</pubDate>
		<dc:creator>Gerhard Ade</dc:creator>
				<category><![CDATA[Legal Lane]]></category>
		<category><![CDATA[Mortgage Matters]]></category>
		<category><![CDATA[Sellers Corner]]></category>
		<category><![CDATA[deed of trust]]></category>
		<category><![CDATA[home equity line of credit]]></category>
		<category><![CDATA[lien]]></category>
		<category><![CDATA[loan priority]]></category>
		<category><![CDATA[subordination]]></category>
		<category><![CDATA[subordination agreement]]></category>

		<guid isPermaLink="false">http://seattlerealestatenews.com/?p=2060</guid>
		<description><![CDATA[Who is in what position? A loan or lien is considered to be in first lien position when it is recorded prior to any other loans or liens.  Loan priority is established by chronological order of recording, not by the date of the document. Financial institutions require that their purchase money or refinance loan is in first lien position in order for a transaction to close, since being in first lien position gives them the first right to reclaim the property in the event that the borrower defaults on the loan. But what happens if there is another loan, recorded later, that will not be paid off at closing?]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Seller Disclosure: the Buyer’s Turn</title>
		<link>http://seattlerealestatenews.com/2012/01/23/seller-disclosure-buyer-confirmation/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=seller-disclosure-buyer-confirmation</link>
		<comments>http://seattlerealestatenews.com/2012/01/23/seller-disclosure-buyer-confirmation/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 15:30:37 +0000</pubDate>
		<dc:creator>Gerhard Ade</dc:creator>
				<category><![CDATA[Buyers Corner]]></category>
		<category><![CDATA[Legal Lane]]></category>
		<category><![CDATA[Sellers Corner]]></category>
		<category><![CDATA[Form 17]]></category>
		<category><![CDATA[lead paint]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[NWMLS]]></category>
		<category><![CDATA[Seller Disclosure Statement]]></category>
		<category><![CDATA[Sex offender]]></category>

		<guid isPermaLink="false">http://seattlerealestatenews.com/?p=1704</guid>
		<description><![CDATA[The Seller Disclosure is usually ready to be downloaded by any broker from the MLS where it is part of the property listing. This gives the buyer's agent the chance for review prior to making an offer.  If the buyer goes ahead and makes an offer, page 5 of the Seller Disclosure Statement can be included with the buyer(s) acknowledging on line 263 that they've received the offer. Also, while the broker/agent is not allowed to answer any questions posed on the Statement, both seller and buyer brokers are liable for inaccurate information if they know the information to be inaccurate.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Seller Disclosure: From Potable Water to Lead Based Paint</title>
		<link>http://seattlerealestatenews.com/2012/01/20/seller-disclosure-potable-water-lead-paint/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=seller-disclosure-potable-water-lead-paint</link>
		<comments>http://seattlerealestatenews.com/2012/01/20/seller-disclosure-potable-water-lead-paint/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 15:30:38 +0000</pubDate>
		<dc:creator>Gerhard Ade</dc:creator>
				<category><![CDATA[Buyers Corner]]></category>
		<category><![CDATA[Legal Lane]]></category>
		<category><![CDATA[Sellers Corner]]></category>
		<category><![CDATA[crawl space]]></category>
		<category><![CDATA[Form 17]]></category>
		<category><![CDATA[home owner association]]></category>
		<category><![CDATA[lead paint]]></category>
		<category><![CDATA[potable water]]></category>
		<category><![CDATA[Seller Disclosure Statement]]></category>
		<category><![CDATA[septic tank]]></category>

		<guid isPermaLink="false">http://seattlerealestatenews.com/?p=1582</guid>
		<description><![CDATA[Pages 2 through 4 of the Seller Disclosure deal with every kind of aspect of an improved property, i.e. the home and the land. The first category is Water, beginning on line 60 (page 1).  Looking at these questions and others I wish there was a fourth column of check marks labeled "NOT APPLICABLE". Question 4 "...has the [water] source provided an adequate year-round supply of potable water?" often prompts the question "what's potable water?"]]></description>
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		<slash:comments>2</slash:comments>
		</item>
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		<title>Seller Disclosure: 99 Questions and 1 Asterisk</title>
		<link>http://seattlerealestatenews.com/2012/01/18/seller-disclosure-99-questions-and-1-asterisk/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=seller-disclosure-99-questions-and-1-asterisk</link>
		<comments>http://seattlerealestatenews.com/2012/01/18/seller-disclosure-99-questions-and-1-asterisk/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 15:30:14 +0000</pubDate>
		<dc:creator>Gerhard Ade</dc:creator>
				<category><![CDATA[Buyers Corner]]></category>
		<category><![CDATA[Legal Lane]]></category>
		<category><![CDATA[Sellers Corner]]></category>
		<category><![CDATA[bank-owned]]></category>
		<category><![CDATA[Form 17]]></category>
		<category><![CDATA[MLS]]></category>
		<category><![CDATA[NWMLS]]></category>
		<category><![CDATA[REO]]></category>
		<category><![CDATA[Seller Disclosure Statement]]></category>
		<category><![CDATA[short sales]]></category>
		<category><![CDATA[title to property]]></category>

		<guid isPermaLink="false">http://seattlerealestatenews.com/?p=1525</guid>
		<description><![CDATA[99 seller disclosure questions: as a real estate broker I'm not permitted to advise a seller on how to answer any of them. But I can explain Form 17 by example. For example, how to deal with the Asterisk versus the "Don't Know" - The Asterisk statement says that if you check "YES" on any question marked with an asterisk (*) you'd better explain.]]></description>
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		<slash:comments>1</slash:comments>
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