The Kitsap Sun has a report about Doug Richards and an investment property of his that is facing foreclosure.
Richards, who is challenging Democratic incumbent Rep. Larry Seaquist, bought the 4.77-acre property with his wife Whitney in 2004. He built a 5,633-square-foot, 5-bedroom home on the land at 9695 Banner Road SE in 2006, but the couple were unable to sell it before the recession took hold.
The bank, ING, gave notice that the property was to be sold at auction on July 9, but the sale was deferred, Richards said.
Richards is a Republican facing incumbent Democratic Rep. Larry Seaquist.
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