Learn How to Stop Foreclosure in Arizona. Visit
http://www.azshort-sales.com for more information on how to avoid foreclosure in Arizona.
This video will teach you how to avoid foreclosure in AZ and how to stop an AZ foreclosure. If you are facing foreclosure, you have options. This video will teach you some of your options for avoiding the Arizona foreclosure process...one example is doing a Short Sale. This is a basic outline of the Arizona Foreclosure Process:
You stop paying the mortgage
Notice of Default (30 days after)
Reinstatement Time..usually 90 days (the time you have to repay before Trustee's Sale)
Trustee's Sale
If no sale, becomes a bank REO
One of the most common ways to stop foreclosure is to sell the property as a short sale. This happens in pre-foreclosure. If you owe 200,000 on the mortgage (let's say it's now worth 100,000) and the bank agree to let you sell it for 150,000, then a short sale just occurred.
For more information on how to stop foreclosure in az, a free report, and a free consultation with one of our short sale specialists, visit
http://www.azshort-sales.com.Originally collected by
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