In Arizona, we have a couple of resources for home owners. I recommend that home owners who are working through challenging times make a call to the Foreclosure Prevention Hotline at 1-877-448-1211 or visit www.AZ211.gov to get more information to make a better informed decision.

July 10, 2008 Update

- Here’s another web site that may be very helpful, too.

Arizona Foreclosure Prevention Task Force - Taskforce Helping Reduce and Prevent Residential Foreclosures in Arizona

July 19, 2008 Update

Scottsdale city staff is also participating in a variety of regional efforts to assist homeowners at risk of foreclosure. For more information, contact Scottsdale Social Services.  

February 8, 2011

It appears that the AZ211 web site was shut down in January 2009 as part of the State of Arizona’s effort to balance the budget.

This program has some great features and down payment assistance.

Income limits will work for purchasing in many Scottsdale neighborhoods, too!  Since Scottsdale is a not-targeted area, limits are just a bit more restrictive.  For a family of two or less, maximum income to qualify is $64,524, and for a family of three or more, the limit goes up to $74,203.

Maximum home sales price for the Scottsdale area, is $311,625, and with all the price reductions, we’ve been seeing there are many homes in this more affordable price range.  As of today, almost 20%, or over 1,100 of the almost 6,000 Scottsdale homes on the market are listed in this price range.

So, if you’ve been thinking about buying a Scottsdale home, and need a bit of assistance to get started, call Shailesh to see if it’s a loan program that will work for you!  Funds are limited so you will want to take action quickly.