What happens in an Arizona foreclosure?

Answer Most of the single-home foreclosures in Arizona use the nonjudicial process. A nonjudicial foreclosure is facilitated by a trustee appointed by the lender. Nonjudicial proceedings do not need to i... Read More »

Top Q&A For: What happens in an Arizona foreclosure

What Happens After a Foreclosure in Arizona?

Foreclosure allows a lender to sell the property that secures a mortgage after the borrower defaults. Lenders in Arizona have the option to either judicially foreclose or utilize a trustee's sale. ... Read More »

What happens to you in foreclosure?

Fees for not paying a mortgage start adding up as early as 16 days after being late on a payment. As time progresses, the foreclosure process advances with phone calls from the lender, notices, col... Read More »

What happens in a foreclosure?

When a homeowner defaults on her mortgage, the lender can take possession of the home through the foreclosure process. The length of the process, and the ability of the former homeowner to save her... Read More »

What happens to liens in a foreclosure?

Foreclosure satisfies some liens on a home, while other liens can remain unpaid. You are still legally responsible for paying any unpaid liens even if you lost your property to foreclosure.Primary ... Read More »