If the owner is in default on the mortgage, the rents may be payable to the lender. We have a document that is signed at closing on investment properties which assigns the rents to the lender in the even of default.
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Foreclosures jumped in October by the largest monthly increase since August 2007, according to the October 2016 Foreclosure Market Report from ATTOM Data Solutions, a property database company.
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It used to be that houses in Flagstaff were for living in. market crashed and the median sales price fell by 40 percent while hundreds of families faced foreclosure, the study was shelved. Today,
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Arizona Real Estate Trends & Market Info. Summary; Market Trends;. AZ. 1 in every 1487. Graham County, AZ. 1 in every 1641. Gila County, AZ.. The current distribution of foreclosures based on the number of active foreclosure homes in Arizona. Auction.