Arizona Foreclosure Process

Starts the foreclosure process and sets auction date when recorded.
ARS 33-808(A)(1)

Notice of Trustee Sale mailed to parties to the trust deed within 5 days and others within 30 days of recording.
ARS 33-809(B)

Trustee Sale must be no earlier than 91 days from recording. ARS 33-807(D)

Initial auction date at least 91 days from the recordation of the Notice of Trustee Sale and must be posted for 20 days and published once a week for 4 weeks with the final publication at least 10 days before sale.
ARS 33-807(D)
ARS 33-808(A)(3) & (4)

Opening bid must be available the day before the sale or the sale must be postponed.
ARS 33-809(F)

Postponements of the Trustee sale are unlimited and may be for any amount of time up to 90 days
ARS 33-810(B)

Bidders may be required to deposit $10,000. Winning bidder must pay balance by the close of the next business day.
ARS 33-810(A)
ARS 33-811(A)

Reinstatement right up to the day before the sale with no acceleration.
ARS 33-813(A)

Transfers property to highest bidder.
There is no right of redemption in a non-judicial foreclosure.
ARS 33-811(E)

Debtor may be subject to a deficiency judgment unless loan documents prohibit or the trust property is a single family home.
ARS 33-814(G)