Is Subject to illigal in Washington state

[Donte Marcy]

Are subject to’s  illegal in Washington state because of the protection of distress sellers And am I able to target pre foreclosures Or just tired landlords

[Steve Vaughan]

Originally posted by @Donte Marcy:

Are subject to’s  illegal in Washington state because of the protection of distress sellers And am I able to target pre foreclosures Or just tired landlords

 Personally, I don't mix default and sub2. The last thing I want is to cure an arrearage (hopefully) then keep that loan and only have a weak deed conveying ownership.  

The sub2's I have done were current.  Usually a decent house with low equity. Sudden seller situation.  Higher caliber deed than a quitclaim. Hard to find. If this was my only strategy I would've starved years ago.

Pre-foreclosures I don't deal with all that much anymore (a lot of it because of the laws in WA) but have all my FSBOs sign a Form 22 FSBO stating they aren't distressed as a CYA.