Prescott Arizona Area Foreclosure News

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 Available: [...]

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 soon [...]

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.
By Richard V. [...]