What are my rights as a homeowner facing foreclosure?

As a homeowner facing foreclosure in the state of Arizona, there are several rights you can take advantage of to protect yourself. Firstly, you have a right to request a mediation meeting with your lender. During this meeting, you and your lender can discuss ways to keep you in your home. The Mortgage Foreclosure Mediation Program is a state-funded program that provides free assistance for qualified homeowners in the state of Arizona. You also have the right to consult with an attorney to help you find other solutions to the foreclosure and answer any questions you may have. An experienced attorney can provide invaluable guidance throughout the entire foreclosure process. You also have the right to waive a foreclosure sale in some cases. If your lender agrees to waive the sale, they cannot proceed with the foreclosure, and you may be able to keep your home. However, this is only possible if the lender believes that it would be in their best interest to do so. Finally, you have certain rights if your lender does proceed with the foreclosure. You have the right to receive a notice of foreclosure in writing at least 90 days before the scheduled date of the sale, and you have the right to attend the foreclosure sale. As you can see, you have several important rights as a homeowner facing foreclosure in the state of Arizona. Although foreclosure can be a difficult process, armed with knowledge of your rights as a homeowner, you can take steps to protect yourself and your home.

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