1 in every 3 Arizona homeowners are now underwater on their mortgage, and don't know what to do. Should you find yourself in this situation, it's important that you first understand the foreclosure process, then become educated about your options.

7 out of 10 homeowners in foreclosure proceed without consulting with a real estate professional. If you are facing the prospect of foreclosure, understand that you have a number of possible options.

Some of the terminology you hear and read may seem confusing. These definitions should help you stay on top of the real estate lingo.

If you are facing the prospect of foreclosure, you need to prepare yourself to avoid the following mistakes that are most commonly made.

The puprose of the chart that follows is to show you some of your options, and help you look at your situation from a purely logical perspective. After all, no one can put a value on the emotional attachment you may have to your home.

If you are facing the prospect of foreclosure in the near future, you are not alone. But, understand that you have options. Be sure to talk to a pre-foreclosure professional to find the best optiion for your specific situation.

If you are affected by the prospect of foreclosure, understand that you have options...and I can help. Find out how.

Homeowners facing the prospect of foreclosure are encouraged to seek the advice of a trusted pre-foreclosure professional. There follows a list of recommended law firms specializing in short sales.

There follows a recommended CPA and tax firm, both specializing in Short Sales

Today, nearly 1 in 6 mortgages are not being paid. If you think you're alone, think again. However, it's important that you avoid the predatory modification schemes disguised as assistance. There follows a few suggestions on how you can avoid becoming a victim. .