Kent S. Berk Real Estate Law Blog

Under Arizona law, a lender may seek a deficiency judgment (the difference between the debt and the amount bid at the trustee sale) within 90 days of holding a trustee sale.  In order to protect the borrower against an excessive deficiency or under bidding, the borrower is entitled to a credit against the debt for the amount bid at the trustee sale or the "fair market value" of the property as of the date of the trustee's sale, which ever is greater.  What happens if the... Read More

Arizona Court of Appeals resolves three key issues involving Arizona's anti-deficiency statute applicable to judicial foreclosure actions.  Read more. .  . ... Read More

Visit http://www.AppraiserNegligence.com for all sorts of information on negligence and malpractice claims and lawsuits against appraisers.... Read More

Video Poweroint webinar regarding foreclosures and Arizona's anti-deficiency statutes.  Learn more.... Read More

Arizona's changes to the anti-deficiency statute protecting homeowners was repealed.  The long-standing statutes protecting certain property owners will stay in effect . . . for now.... Read More