notice – Fleishman Law

Arizona Foreclosure Rates

January 19, 2009 by admin Leave a Comment

RealtyTrac just released its 2008 U.S. Foreclosure Market Report, which reported that there were a total of 3,157,806 foreclosure filings (default notices, auction sale notices, and bank repossessions) on 2,330,483 properties during 2008. That was an 81 percent increase over 2007 and a 225 percent increase over 2006. To get a feel for the breadth … [Read more…]

Foreclosure and The Right of Reinstatement

January 9, 2009 by admin Leave a Comment

So a borrower defaults under a promissory note and the deed of trust. Normally, the lender in that circumstance will exercise the power of sale clause in the deed of trust and begin the foreclosure process by noticing a trustee’s sale. However, the lender may also choose to call the note due and accelerate the … [Read more…]