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Definition of a short sale: A short sale is the process of selling a property for less than what is currently owed on the loan(s) and negotiating with the lien-holder(s) to accept the proceeds of the sale and forgive or settle the remaining debt (deficiency Read More...
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Governor Jan Brewer recently signed HB 2008, which repeals SB 1271 and the changes to the anti-deficiency statute that were set to take effect at the end of this month. This is good news for Arizona Homeowners, especially those with negative equity who Read More...