What type of notice is required before a foreclosure sale?
In Washington, the law requires that a lender provide the borrower with notice before a foreclosure sale is conducted. This notice must be posted in a public space, usually a bulletin board or county courthouse, for three consecutive weeks. The notice must include the date, time, and location of the foreclosure sale, the name, address, and contact information of the lender, and the terms of the foreclosure sale. The notice must also provide the borrower with information regarding the right to reinstate the loan, the right to redeem the property, and the right to reinstate the loan after foreclosure. Furthermore, the notice must contain a description of the property, the amount of unpaid debt, and the last known address of the borrower. In addition, the notice must contain a list of documents that the borrower is required to submit in order to dispose of the foreclosure proceedings, such as proof of payment of taxes and insurance, a statement of the loan payment history, proof of funds to cover the debt, and copies of any court documents or judgments related to the foreclosure. The notice must be sent by certified mail to the address of the borrower or the last known address that is on file with the lender, and it must be filed with the county clerk. If the notice is not sent to the borrower, the foreclosure sale will be invalid.
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