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worried-banner-l1 Considering a Short Sale in Phoenix? worried-banner-r1
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get-started-checkmark The 10 most common mistakes Phoenix homeowners make when facing foreclosure and what to do instead get-started-r-spacer-2line
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get-started-checkmark Expert advice from FHA, HUD, FTC and other government agencies
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get-started-checkmark A review of common foreclosure alternatives in Phoenix including loan modification, short sale, deed in lieu of foreclosure, bankruptcy, and legal considerations
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get-started-checkmark Details about the critical consequences of foreclosure and short sales including mortgage deficiency and tax implications in Arizona - and tips on how to avoid them
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trust-jk-l-spacer Because short sales are often the best alternative to foreclosure, JK Short Sale works to provide the safest, most effective short sale program in Phoenix -- at no cost to you. Our close rate, over three times the industry standard, demonstrates not only the effectiveness of our program but also our commitment to homeowners in Phoenix. JK Short Sale offers: trust-jk-r-spacer
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trust-jk-body-left-spacer Free Consultation: We will spend time answering your questions and provide essential information to help you assess your options.
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trust-jk-body-left-spacer Expert Team: Our team of financial and real estate professionals have expertise you can rely on.
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trust-jk-body-left-spacer Success at No Cost: Our program is always FREE to homeowners.
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trust-jk-body-left-spacer Complete Solution: We provide a full-service offering to give you the best chance to eliminate your mortgage debt without a deficiency.
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  • Explain our experience with your particular lender
  • Provide information about the deficiency laws in Arizona
  • Discuss the general implications of foreclosure compared to a short sale
  • Highlight exclusions related to the Mortgage Debt Relief Act
  • Review Arizona lending and foreclosure laws

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Arizona Foreclosure Information
State:Arizona
Primary Method:Non-Judicial
Time Frame:125 days
First Document:Recording of Notice of Sale
Right to Cure:For the power of sale foreclosure, up to 5:00 p.m. on the last day, other than a Saturday or legal holiday, before the sale date or the filing of an action to foreclose the trust deed. For a judicial foreclosure, up to twenty days after service of the Notice of Intent to Forfeit.
Redemption Period:For a judicial foreclosure, can redeem judgment prior to the sale if the property is not abandoned.
Deficiency Judgment:For purchase money mortgages for one- to two- family homes on less than two and one-half acres no deficiency, unless the court finds that the mortgagor committed waste.