P. 1
Arizona Foreclosure Information Workbook

Arizona Foreclosure Information Workbook

Ratings: (0)|Views: 21 |Likes:
Arizona Foreclosure Prevention Task Force - Arizona Foreclosure Information Workbook (06/2011)
Arizona Foreclosure Prevention Task Force - Arizona Foreclosure Information Workbook (06/2011)

More info:

Published by: David Schmid, REALTOR, CCIM, CPM, CRS on Jul 28, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

11/22/2011

pdf

text

original

 
 Arizona Foreclosure Prevention Task Force | www.azforeclosureprevention.org | Revised June 1, 2011 | Page 1 of 50
The Arizona Foreclosure Prevention Hotline
1-877-448-1211
 
 ArizonaForeclosure Information Workbook
 A tool to educate homeownersabout the foreclosure process
 
 Presented by the Arizona Foreclosure Prevention Task ForceTo the citizens of Arizona
 Adapted from the Foreclosure Prevention WorkbookCreated by the Pima County Foreclosure Prevention Coalition
 
 Arizona Foreclosure Prevention Task Force | www.azforeclosureprevention.org | Revised June 1, 2011 | Page 2 of 50
Acknowledgement
The Arizona Foreclosure Prevention Task Force expresses deep gratitude to the PimaCounty Foreclosure Prevention Coalition for allowing us to adapt the Pima CountyForeclosure Prevention Workbook for use statewide in Arizona. This information willallow Arizona residents experiencing mortgage difficulties to become better preparedwhen working with their lenders, servicers and HUD approved non-profit housingcounseling agencies.
Disclaimer
Unless otherwise specifically stated, the information contained herein is made availableto the public by the Arizona Foreclosure Prevention Task Force for use as an exampleof the kinds of documents and advice one may receive in the process of negotiating witha mortgage company, HUD approved non-profit housing counseling agency or any
other party involved in the delinquency or foreclosure of one’s home. The intent of the
workbook is to assist individuals in resolving or preventing their foreclosure crisis.Neither the Arizona Foreclosure Prevention Task Force nor any other agency or entitiesinvolved in the development of this workbook, assumes any legal liability orresponsibility for the accuracy, completeness, or usefulness of any information, productor process disclosed in these examples. Due diligence has been made to site allsources used in the making of this workbook.Reference herein to any specific commercial product, process, service by trade name,trademark, manufacturer, or otherwise, does not constitute or imply its endorsement,recommendation, or favoring by the Arizona Foreclosure Prevention Task Force or anyentities thereof.The views and opinions of the originators expressed therein do not necessarily state orreflect those of the Arizona Foreclosure Prevention Task Force or any agency or entitiesthereof.This workbook is not intended to provide you with legal advice. Please contact theState Bar of Arizona at 1-866-48-AZBAR or your local Bar Associ
ation’s La
wyerReferral Service to find an attorney who can provide you with legal counsel.
Copyright 2009 Arizona Foreclosure Prevention Taskforce
O
FFICE OF THE
A
TTORNEY
G
ENERAL
 
S
TATE OF
A
RIZONA
 
 
 Arizona Foreclosure Prevention Task Force | www.azforeclosureprevention.org | Revised June 1, 2011 | Page 3 of 50
T
OM
H
ORNE
 
A
TTORNEY
G
ENERAL
 
O
FFICE OF THE
A
RIZONA
A
TTORNEY
G
ENERAL
 
E
XECUTIVE
O
FFICE
 
Dear Arizona Homeowner,The Arizona Foreclosure Prevention Task Force is pleased to provide you with this workbook asa valuable tool for homeowners facing financial distress. You have taken an important step inrecognizing the difficult choices affecting your future. This workbook was written to give you andyour family valuable information and a resource for dealing with a potential foreclosure.It is our hope that this workbook will help you understand your options, give you the confidenceto seek assistance at the first sign of financial trouble, provide guidance in finding a reputablehousing counseling agency and help you to be better prepared when working with your lender. Ihope it will also raise your awareness ab
out foreclosure ―rescue‖
scams and how not to becomea victim.The workbook is designed for you to complete on your own, or with the assistance of acounselor. It offers clear direction on the information you will need to gather to help you receiveefficient service from your mortgage lender. Other tools include a communications log; sampleletters to aid you in stating your case; a glossary of mortgage loan terms; and how to accessonline and community resources. It will help you decide if you can afford to keep your home or ifyou should take other steps to protect your financial interests.
The Attorney General’s Office will continue to reach out to lenders and those who offer services
to the homeowner. We know the effect this can have on families, neighborhoods andcommunities within Arizona. It is our intention to streamline current processes to benefit thosefacing hardship. It is my hope that this workbook helps you understand the process and youroptions. I believe you will find it invaluable in making informed decisions about your home andyour future.
Sincerely,Attorney General

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->