AZ Foreclosure Update
Sep.22, 2009 in
Foreclosure, Real Estate
AZ Foreclosure Info
Here is a great article from www.azcentral.com outlining some of the reasons lenders may not be foreclosing.
AZ Foreclosure Notices filed are closing in on about 50,000 units. Actual foreclosures dropped by about 1,000 units from the prior month.
About 1 in 5 homes are currently being sold as “short sales” in Maricopa County. This means lenders are starting to take that process seriously and bodes well for homeowners.
If you are “upside down” on your mortgage, need help in understanding your options if you are behind on your payments or need to discuss a short sale, please call my office at (602) 291-4362.
Download a Graph of foreclosure filings through July of 2009 by viewing this link.
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