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Nextage Realty Professionals

State of Arizona foreclosure law summary

By Jerry Cecil, on February 18th, 2009

Arizona Laws

Important Note:  I am not a foreclosure lawyer; if you are facing foreclosure, you should consult with a Prescott or Prescott Valley real estate and foreclosure attorney. 

You can streamline the process  by familiarizing yourself with the Actual Statutes: Arizona State Revised Statutes Title 33:  Property.

State of Arizona foreclosure law summary

Judicial Foreclosure Available: Yes

Non-Judicial Foreclosure [...]

Posted by Jerry Cecil February 18, 2009, 6:11 am

Foreclosure process in Prescott Arizona

By Jerry Cecil, on February 10th, 2009

Arizona Laws

In Arizona, foreclosure can be a swift and simple procedure by a mortgage company. Foreclosure is the legal process by which a mortgage company can obtain ownership of a property. It relinquishes a homeowner from any all right to the property and evicts the homeowner from the premises.

In most cases, foreclosure can begin a [...]

Posted by Jerry Cecil February 10, 2009, 4:13 pm

Common questions about short sale tax consequences

By Jerry Cecil, on September 8th, 2008

Short sales and foreclosures are becoming common place in our Prescott area market. We are consistently asked questions by owners and agents alike about the Arizona anti-deficiency statutes and the tax consequences of a foreclosure or a short sale and deed in lieu. This article answers the two most common questions we receive.

Arizona Laws

By Richard [...]

Posted by Jerry Cecil September 8, 2008, 6:36 am