Robert R. Rowley PS

A recent press release from the American Heart Association, released on May 12, 2014, described how a research study in the American Heart Association journal Circulation linked an increase in blood pressure to living near a foreclosed property. This may be the first time compelling evidence has been brought forth illustrating how the negative effects of the U.S. […]

The Mortensen opinion provided the first judicial interpretation of Bankruptcy Code Sec. 548(e) as applied to a transfer to an asset protection trust (“APT”). Since that Opinion was released, many practitioners have asked me whether APTs “work.” My unsatisfying lawyerly answer is, “Maybe, depending on the circumstances.” The chart below gives the general circumstances in […]

A “land trust” is an arrangement sold by promoters to try to provide some asset protection to real estate. The idea is that the real estate will be owned by a trustee, instead of the real owner, so that the real owner’s name will not show up in the county’s property records. In reality, land […]

By Jim Ingersoll Do you remember the Clint Eastwood western movie, “The Good, The Bad and The Ugly”? Renting to Section 8 tenants is pretty much the same. Some landlords love Section 8, and some landlords try it and find it is bad and ugly to deal with. With Section 8 tenants, you are guaranteed on-time rent every […]

Residential Seller Financing The activity of financing the sale of residential real estate is regulated at both the state and federal levels. In Washington the Consumer Loan Act, chapter 31.04 RCW and chapter 208-620 WAC, regulates the lending of money or extension of credit for family, personal, or household use. This includes financing residential mortgages […]

SPOKANE COUNTY FORECLOSURES STATEWIDE FORECLOSURES

The New Math of Renting vs. Buying – WSJ.com.

Quote for the Day: “Landlords grow rich in their sleep.” – John Stuart Mill