Tag: Real Estate

A Silver Lining to Foreclosures: Obtaining Excess Proceeds from Property Sales

Although the real estate market has been in an upswing for several years and we are far past the great recession, there are still circumstances that can arise and cause people to lose their homes to foreclosure.  The only silver lining is that a property can sell for more than what is owed to the creditor […]

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AZ Homestead Exemption

Protect Your Equity with the Arizona Homestead Exemption

Arizona has a law which allows a homeowner to protect $150,000 in equity from general creditors.  It does not apply to mortgage companies or any creditor who has been given a consensual lien from the homeowner.  It is called a “homestead exemption”.  It applies to all people who have an “interest” in property in Arizona.  It applies whether someone […]

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