Washington Order Directing Sale of Real Property is an order issued by a court in the state of Washington that orders the sale of a parcel of real property. This order is typically issued when a property owner fails to pay the mortgage loan on a piece of real estate. The order is also known as a Writ of Execution, and it typically directs a county sheriff or other law enforcement officer to conduct a public auction of the subject property in order to satisfy the loan debt. There are two types of Washington Order Directing Sale of Real Property: Judicial Foreclosure Order and Nonjudicial Foreclosure Order. Judicial Foreclosure Order is a court-ordered sale of a property that typically occurs when a homeowner fails to make mortgage payments and the lender takes legal action to recover its losses. Nonjudicial Foreclosure Order is a court-ordered sale of a property that typically occurs when a homeowner fails to make mortgage payments and the lender takes legal action to recover its losses without going through the court system.
Washington Order Directing Sale of Real Property is an order issued by a court in the state of Washington that orders the sale of a parcel of real property. This order is typically issued when a property owner fails to pay the mortgage loan on a piece of real estate. The order is also known as a Writ of Execution, and it typically directs a county sheriff or other law enforcement officer to conduct a public auction of the subject property in order to satisfy the loan debt. There are two types of Washington Order Directing Sale of Real Property: Judicial Foreclosure Order and Nonjudicial Foreclosure Order. Judicial Foreclosure Order is a court-ordered sale of a property that typically occurs when a homeowner fails to make mortgage payments and the lender takes legal action to recover its losses. Nonjudicial Foreclosure Order is a court-ordered sale of a property that typically occurs when a homeowner fails to make mortgage payments and the lender takes legal action to recover its losses without going through the court system.