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Updated about 9 years ago on . Most recent reply

User Stats

75
Posts
15
Votes
Frank Matanane
  • Flipper/Rehabber
  • Port Orchard, WA
15
Votes |
75
Posts

1st Auction Property Won - What's mine

Frank Matanane
  • Flipper/Rehabber
  • Port Orchard, WA
Posted

Hey BP

Just one my first auction property. Yes...I did insure it right away =)

So What belongs to me?...outside of the house itself.

Their is a small 16ft boat a 2000 model malibu with decent exterior (dont know if it runs).

Do I own this stuff now? If not what do or can I do with it other than pay to have it removed.

Most Popular Reply

User Stats

203
Posts
93
Votes
Bryan R.
  • Tacoma, WA
93
Votes |
203
Posts
Bryan R.
  • Tacoma, WA
Replied

Congratulations on the acquisition. Was this at the Kitsap trustee sale yesterday?

1. Mail and post notices pursuant to RCW 61.24 and RCW 59.18

2. Treat property as required by RCW 59.18

Basically you need to mail and post some notices. Then you're required to store property for 45 days if collective value is >$250. 7 days if less than $250.

For vehicles there is a process to acquire title, but in my experience unless it has some significant value it isn't worth the hassle. You can generally call any tow company and they'll take it away for free.

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