Phoenix, AZ area, foreclosures are not as common as they were when the market was at its worst.
But many homeowners are still "underwater," and foreclosures do occur.
No one wants to hear the F word, but if you do, whether you are a seller or a buyer, there's plenty to know. What exactly is foreclosure and how does it affect you? We break down what you need to know about the process.
Here are some great resources that explain just about everything you need to know. Except this: don't attempt to negotiate a foreclosure by yourself. You will need an experienced REALTOR and, most likely, an experienced attorney.
Top Ten Things You Need to Know About Foreclosure
Stages and Phases of the Foreclosure Process
Important Questions to Ask Your Home Inspector
