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What Happens in a AZ Foreclosure

Losing your home: What Happens in a AZ Foreclosure

When a homeowner falls behind on at least three mortgage payments, a lender will usually initiate foreclosure proceedings.

In the first step, the lender hires a trustee to handle the foreclosure and ensure that the process follows Arizona laws.

In metropolitan Phoenix, a notice of trustee sale is filed [...]

US Housing Market Report. Housing Foreclosure Cloud

US Housing Market Report

Some clouds in housing report gain. Overall increase in starts is tempered by downturn in single-family component

NEW YORK (CNNMoney.com) — New home building increased overall in August, a government report said Thursday, but the gain was clouded by a dip in new construction of single-family homes.

The Census Bureau reported Thursday that builders [...]