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How to Avoid Foreclosure in Scottsdale Arizona
With more than half of homes and homeowners "under water" in Arizona, you are one of thousands of people who are looking for information on how to avoid foreclosure in Scottsdale.
The Short Sale Seller Advisory - a joint effort between ADRE - the Arizona Department of Real Estate - and AAR - the Arizona Association of REALTORS® - highlights a number of other options that should be explored before deciding to Short Sale your home.
Those options include:
Loan Workout
Forbearance
Loan Modification
Refinance
Deed in Lieu of Foreclosure
Work Out Sale
Bankruptcy
Foreclosure
That said, in almost every case where the homeowner either must sell, or has resigned themselves to losing the house to foreclosure, a Short Sale is the best option - even if you also plan to file Bankruptcy.  A Short Sale in conjunction with Bankruptcy is a more complicated Short Sale process than just doing a Short Sale alone, but it can be done, and we have personally helped Arizona Short Sale homeowners do just that.
Foreclosure should be the choice of last resort, letting the property go to Trustee Sale only after all other options to avoid foreclosure - including a Short Sale of your Scottsdale home - have been exhausted.
To make an informed decision on how best ... more

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