An affidavit is statement of facts which is sworn to before an officer who has authority to administer an oath (e.g., a notary public). The person making the signed statement (the affiant) takes an oath that the contents are, to the best of their knowledge, true. It is also signed by a notary or some other judicial officer that can administer oaths, affirming that the person signing the affidavit was under oath when doing so. After a foreclosure sale, some states require that the foreclosing party file an affidavit that the provisions relating to the notice of foreclosure and the deed of trust or mortgage have been complied with.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Washington Affidavit of Sale By Foreclosure is a legal document that serves as evidence of the sale of a property through foreclosure in the state of Washington. It is an important component of the foreclosure process and provides detailed information about the sale, ensuring transparency and compliance with state laws. Keywords: Washington Affidavit of Sale By Foreclosure, legal document, sale of property, foreclosure, evidence, Washington state laws, transparency, compliance. There are different types of Washington Affidavits of Sale By Foreclosure, each one serving a specific purpose: 1. Standard Affidavit of Sale By Foreclosure: This is the most common type of affidavit used in Washington state when a property is sold through foreclosure. It includes detailed information about the property, the foreclosure process, auction date, sale price, and the successful bidder. 2. Affidavit of Sale By Foreclosure — Deficiency Judgment: In cases where the sale of the foreclosed property does not cover the outstanding loan balance, a deficiency judgment may be pursued by the lender. This type of affidavit would be used to detail the sale proceeds, outstanding loan balance, and the remaining amount owed by the borrower. 3. Affidavit of Sale By Foreclosure — Junior Lien Holders: If there are multiple liens on the property, the foreclosure sale may not fully satisfy all liens. In such cases, an affidavit specific to the junior lien holder(s) may be required to outline the priority of lien satisfaction and the amount recovered by each lien holder. 4. Affidavit of Sale By Foreclosure — Tax Liens: When a property is foreclosed due to unpaid taxes, an affidavit specifically addressing the tax lien foreclosure may be necessary. It would detail the tax owed, the auction proceeds, and the allocation of funds towards satisfying the tax lien. 5. Affidavit of Sale By Foreclosure — Condominium Association Liens: In instances where a foreclosure is initiated by a condominium association due to unpaid dues or assessments, a specialized affidavit may be utilized to record the sale of the property, proceeds, and allocation towards the association's outstanding obligations. It is important to consult with legal professionals or browse the relevant Washington state statutes to determine the specific requirements and correct format for each type of Affidavit of Sale By Foreclosure in Washington.
