Selling a residential property can be a big effort for any homeowner. From ensuring the property is in proper shape, identifying and resolving any title issues and setting the right price, there are many potential pain points in the process where major concerns could pop up.

As a seller of a commercial or residential property, there are many things to consider as you go through the sales process and review of offers on the property. In some cases, those offers could contain proposals from buyers that are asking for seller financing – i.e. for the seller to convey title but carry a portion of the purchase price after the sale.

The residential or commercial foreclosure process is never an easy one for property owners. At Holmquist + Gardiner we help property owners understand their rights during a foreclosure process.

What most people do not know about the foreclosure process is that if there is money left over from the sale of a property in foreclosure and after satisfying debt claims, those funds may be eligible to go back to the prior owner.

As necessary protections, landlords must understand the laws impacting security deposit retention that are specific to the city of Seattle. Tenants must follow precautions and understand their rights as well. Holmquist + Gardiner frequently advises landlords and tenants on how to resolve security deposit disputes.

A major concern for any transaction or real estate contract negotiation is the survival period for the representations and warranties. In simple words, how long will those promises be enforceable? For real estate buyers and sellers, the survival period – how long that promise is upheld – can impact each party differently.

Eminent domain is the right of government entities to seize private property for public use, with fair compensation. It’s a powerful tool offered to federal, state and local governments, including government agents like Sound Transit. Eminent domain is a worry for current residents and business owners in West Seattle, Northgate, the International District and Lynwood, where the path of future light rail projects are at various stages of planning and development.