With AZ being a "non-recourse" state, can lender still seek deficiency on foreclosure of investment property ?
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Answered on January 21, 2012
It depends on your loan and property type. If its a single (or two) family dwelling on less than two and a half acres and all the money you...
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Should we refinance for 15 year term or 30 year again
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Answered on January 10, 2012
That is a personal decision based on income and expenses. Check out a mortgage calculator at www.bankrate.com to get an idea of what your financing...
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I can no longer be in the house i own. I owe about 160k between two mortgages but the house is worth 60k what can i do?
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Answered on December 28, 2011
You have a few options. You can be foreclosed on and if the loan you took out for your wife was a HELOC, you will have to pay it back. The...
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I live in Arizona, my long time friend quit claim her house to me.
Suzanne's answer
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Answered on December 06, 2011
Hi Anne,
You have to go through the eviction process and get a Forcible Entry and Detainer. Call the court clerk in your area and they can help...
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What considerations should I have if I am interested in purchasing a short sale property?
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Answered on August 31, 2010
Hi,
Yes, you can certainly try to negotiate the purchase price with the lender. The lender does a Broker Price Opinion (BPO) to determine fair...
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