ANTI-DEFICIENCY LAW IN AZ

The anti-deficiency legislation proposed by Congress-

man Pierce is inextricably tied to the state budget.  In other words, if the budget fails to pass, we will need to find another way to circumvent the legislation that is supposed to take effect on September 30th.

This could really hurt our housing/economic recovery.  If investors have to prove that they’ve personally lived in a property for at least 6 months before they qualify for foreclosure protection, this will be a mess!  Keep your eyes and ears open for news relating to this subject matter as it will affect ALL of us here in the State of Arizona……