Arizona Short Sale law can be confusing when it comes to topics like construction loans, investment property and how & when purchase money applies. This article was published as: “Short Sales & Arizona Anti Deficiency Law” September, 2012 issue of Arizona Journal of Real Estate & Business, by Daniel Kloberdanz. Any and all copyright […]
READ THE FULL ARTICLE →Foreclosure Process in Arizona: Short Sale Help & Anti Deficiency
How Anti Deficiency laws apply during the Foreclosure Process in Arizona for Arizona Short Sales A commonly asked question I get from homeowners during the foreclosure process in arizona Arizona is, can the banks come after me later if I complete a short sale? What they’re really asking is, can I be liable […]
READ THE FULL ARTICLE →Arizona Anti Deficiency Laws and Short Sales
What is Anti-Deficiency Protection? It’s worth noting that addressing deficiency simply covers the ability of the foreclosing lender to pursue the Sellers for the difference of what they were owed and what the home sold for; and has nothing to do with the Sellers tax liability on any forgiven debt…those things are separate. Anti-Deficiency […]
READ THE FULL ARTICLE →