Legal Question in Real Estate Law in Arizona

questions about forcloseure?

If i was to walk away from my house without selling or making any payments and the mortgage company sells the house for less than its worth...will i be liable for the rest of the money owed on the house?


Asked on 8/13/06, 1:49 pm

1 Answer from Attorneys

James Jenkins Jenkins Law Center PLC

Re: questions about forcloseure?

Not if it is a residence sitting on less than two and one half acres, but you will have a foreclosure on your credit report.

We have resources to people who buy houses in this situation or help people stay in the home. Call 480.835.1500 immediately if interested in a referral for that with no obligation.

Good luck.

James D. Jenkins

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Answered on 8/14/06, 11:40 am


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