Option 1
Sell to us: cash or terms
- Tell us about the house and your situation
- We review it, usually within 48 hours
- You get a written offer: cash, or paid over time on terms. You pick the closing date
Option 2
List it for top dollar
- Have some time and a house in decent shape? Listing may net you more
- Doug lists homes as a licensed agent with My Home Group Real Estate
- We tell you plainly which option fits your situation
The Arizona Timeline, In Brief
- Most Arizona home loans use a deed of trust, so most foreclosures happen outside of court through a trustee's sale.
- Once a Notice of Trustee's Sale is recorded, Arizona law requires at least 90 days before the sale.
- Arizona generally lets you reinstate the loan by paying what is past due, plus allowed fees and costs, until shortly before the sale.
Your Main Options
- Call your servicer. Ask about forbearance, a repayment plan or a loan modification.
- Talk to a HUD-approved housing counselor. Their help is free or low cost.
- Sell before the sale date. If you have equity, selling lets you pay off the loan and keep the difference instead of losing it at auction.
- Short sale. If you owe more than the house is worth, the lender may agree to accept less.
See also: behind on mortgage payments.
Situations We Help With
- Inherited or probate house
- Behind on mortgage payments
- Facing foreclosure
- Rental property or problem tenants
- House needs major repairs
- Selling during a divorce
How It Works
- Tell us about the property. Fill out the short form or call or text 480-485-4261.
- We look at it with you. We review the house, the numbers and your timeline, usually within 48 hours.
- You get a written offer. Cash, or terms if that suits you better. No obligation. If it works, you pick the closing date and close through a local title company.
This page is general information, not legal, tax or financial advice. For your situation, talk with an Arizona attorney, a tax professional or a HUD-approved housing counselor.