Foreclosures Help Information

Posts Tagged ‘new foreclosure laws in arizona’

Foreclosure Laws In Arizona

Question: Can someone explain FORECLOSURE to me?

Here is the arizona laws.. I am just wondering how long we have until we have to move out if the forclosure starts july 1st?

http://www.realtytrac.com/foreclosure_laws.asp?strState=Arizona

THANKS!!

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Answer: Foreclosure means that the person who owns the house either is more than 3 months behind on payments, or, have failed to pay their taxes.

If the lender has not been paid, they will re-take ownership of the house. The same with the tax collector.

As told to you in a previous post, no one knows how long before you have to leave. When the eviction notice is served, you'll have about a week.

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