Like California, Arizona uses primarily the non-judicial foreclosure process. That means no court, no judge and no jury; it is a paperwork only automatic process. Arizona’s run time on foreclosure is shorter than California’s in that it does away with the separate Notice of Default, followed by the Notice of...

This week we look at Nevada foreclosure and deficiency judgment rules, and conclude next week with the Arizona rules. The Nevada foreclosure process is similar to California’s. Nevada uses a deed of trust to secure the real property loan, and the trustee of the deed of trust carries out the...

Reviewing the Southwest’s Anti-Deficiency Laws Just in Time for the Flood   With the national mortgage settlement signed off on by a federal judge on April 6, 2012, and the banksters having been given time to bring their minions up to speed just in time for the summer buying season,...

Unless you have been living under a rock for a while, you have no doubt heard about “robo-signing” as it pertains to mortgages. Robo-signing is when the employee of a bank, or bank related company, prepares and signs documents to be used in court to foreclose on mortgages. These documents...

How Much do High Interest Rates Cost You? Everyone who has ever been exposed to advertising has seen a car commercial, furniture commercial or some other pitch to buy something on credit. Normally there’s a freeze image of a payment, and beneath that payment is several lines of indecipherable type...