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Oct
28

How Long Will It Take To Foreclose?

The best answer is that it depends. In Arizona, we typically use what is called a deed of trust. The deed of trust is also commonly referred to as a mortgage. In a deed of trust, the lender has two options to foreclose. The first option is almost unheard of. It is called a judicial foreclosure. The bank files a lawsuit and works through the court system. This option takes several months and creates lots...
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