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Updated about 7 years ago,
Washington State Redemption Period
I’m an investor new to Sheriff’s Auctions here in Washington State and have some questions about the Redemption period and what the successful bidder can do with the property.
The property I’m looking at is not occupied at this time and hasn’t been so for at least a couple years. After discussing this with a real estate attorney I realize in this state I can not file for an Affadvit of Abandoment and take possession soon than the eight months indicated by the court.
My attorney was able to tell me that the successful bidder receives a Certificate of Sale but does not receive title until a Confirmation of Sale of completed at the end of the redemption period.
She was unable to advise me on what I could do to the property if I were the successful bidder. Do I get the keys to the house? Can I rent the house? Can I make improvements on the house so it can be rented? Am I responsible for insurance?
Thanks for the feedback....any info would be greatly appreciated!