Can a lender sell my property?

If you bought a home and signed a deed of trust giving a lender a security interest in your property, the lender can start a process to take legal action to sell the property at a Trustee's Sale. The legal process can be started if you are in default - if you do not do what you agreed when the loan was given. Usually this happens if you are behind on your payments. It also could happen if you fail to pay your property insurance or real estate taxes on the property or don't maintain the property. Click here to find out more...

How Do I Avoid Foreclosure?

You don't need to pay fees for foreclosure prevention help-use that money to pay the mortgage instead. Many for-profit companies will contact you promising to negotiate with your lender. While these may be legitimate businesses, they will charge you a hefty fee (often two or three month's mortgage payment) for information and services your lender or a HUD approved housing counselor will provide free if you contact them. Click here to find out more...

Housing Clinics

May 10, 2008: Foreclosure Prevention Workshop, 9:00 a.m. to 1:00 p.m. at Phoenix City Hall   For questions or more information, call 602-258-1659

Organizations

Arizona Department of Financial Institutions: Foreclosure Help