What is a Deed in Lieu of Foreclosure?

October 1st, 2018|Foreclosures, Real Estate|

A deed in lieu of foreclosure transfers your property back to the lender — you give the mortgage company your home to avoid a foreclosure on the property. This is an alternative to foreclosure and/or short sale, as an attempt to release you from debt. In Arizona, when you deed the property back, any debts [...]

What Makes Arizona So Special?

November 4th, 2011|Bankruptcy, Foreclosures, Other|

Arizona is a great place to live.  We have amazing winter weather, beautiful landscapes, nice restaurants, and good shopping.  But, what makes the state of Arizona truly special?  I would point to something called the "anti-deficiency" statute.   If you are a struggling homeowner, the anti-deficiency statute is definitely something you need to be aware of.  [...]