Legal Question in Real Estate Law in Arizona

I am up side down in my home what are my options to get out of the home?


Asked on 8/27/09, 12:04 am

1 Answer from Attorneys
Donald Scher Donald T. Scher & Associates, P.C.

You can continue to pay your mortgage payments, you can stop paying and wait for the foreclosure notice and then, convey the property to your mortgage lender in lieu of going through foreclosure, or you can try to sell the property at market value, getting the mortgage lender to agree to the sale, which means that the mortgage company won't go after you for any deficiency.

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Answered on 9/01/09, 12:43 am


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