Arizona Governor Signs Bill That Repeals Change To Anti-Deficiency Statute

by benjaminteam on September 4, 2009

in East Phoenix Valley and Gold Canyon Real Estate

This just in the e-mail box this afternoon –

“Governor Jan Brewer signed HB 2008, which repeals SB 1271 and its change to the anti-deficiency statute. Arizona Association of Realtors (AAR) would like to thank our members for their quick response and action on this matter. AAR’s success is due, in part, to members like you who help engage on issues down at the Capitol. AAR will continue to work with legislators and industry stakeholders to protect homeowner rights at the Capitol.”

Homeowners in Arizona who are on the verge of default and having their homes taken over by the banks can breath a sigh of relief. Homeowners in Arizona can thank the state’s collective group of Realtors who took up the cause on behalf of the state’s homeowners.

To read the earlier posts on this topic on our blog visit this link.

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