I recommend getting bids from several plumbing contractors. To start, contact the City of Seattle Department of Planning & Development. Here's a link to the city's website: http://www.seattle.gov/dpd/ DPD can advise you about the permit application process, turn-around time for the permit, and the cost of the permit. You may want to contact Seattle Public Utilities as well. SPU will need to conduct a site visit to evaluate the proposed project. Here's the link to SPU: http://www.seattle.gov/util/. Although you can undertake the permit process yourself, you'll no doubt find the entire process to be more onerous and complicated than you expected. At the end of the day, you may be wise to hire a plumbing contractor to handle the entire process for you. Good luck!... more
There are as many ways to calculate this as there are people who may calculate it. There are also many missing parts to consider. Is there a lien against the property? Did you do any improvements or damage? What is the assessed value today versus then? Assessments only very roughly relate to market value.
I believe you are going to have to create a proposal to present to the other owners and see if they accept, reject or modify it. You could also decide as a group to hire someone familiar with real estate, mortgage and accounting to come up with a number that all would agree to accept.... more
Here is one place we have talked about it: http://www.trulia.com/voices/Foreclosure/Why_would_a_bank_not_want_to_work_with_the_present-105242
Here is some fannie mae info about it: http://www.fanniemae.com/newsreleases/2009/4631.jhtml;jsessionid=RORI2D1D0NED3J2FQSISFGA?p=Media&s=News+Releases
Here you can find out if the mortgage is owned by fannie mae: http://loanlookup.fanniemae.com/loanlookup/
You will need to show your hardship, here is a sample form: http://www.floridadreamloans.com/xSites/Mortgage/CharlesRutenbergRealtyInc/Content/UploadedFiles/Sample%20Hardship%20Letter%20website%20doc.pdf... more