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Foreclosure for Delinquent HOA Fees and Assessments

 Foreclosure for Delinquent HOA Fees and Assessments   Question: In our homeowners’ association in North Phoenix there are several “deadbeat”     homeowners who have not paid their monthly dues for...

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Can Unpaid HOA Fees Result in Foreclosure?

 Can Unpaid HOA Fees Result in Foreclosure?   Question: My grandmother lives in Scottsdale, and my wife and I live in Chicago. We only visit my grandmother two or three times a year. Although we...

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Reverse Mortgage Obligations

Reverse Mortgage Obligations  Question: Six years ago after my father passed away, my mother got a reverse mortgage on their Goodyear home. This reverse mortgage paid off their existing mortgage on the...

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Understanding Mortgage vs. Deed of Trust

Understanding Mortgage vs. Deed of Trust  Question: In Arizona, a deed of trust can be used as well as a mortgage to secure a loan on a home. Other states use only mortgages. Why does Arizona also have...

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Mortgage Lender is Entitled to Proceeds from Sale

Mortgage Lender is Entitled to Proceeds from Sale   Question: After we refinanced our Glendale home a year ago my husband was injured in a car accident, and was unable to work for three months. We...

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