480-675-0112

Arizona’s homestead exemption allows a person to protect from certain creditors up to $150,000 of the equity in the home they live in (house, condominium, or mobile home). It applies only to non-consensual liens. A non-consensual lien is one which arises from a recorded money judgment. For example, a judgment that arises because the owner of the home lost a lawsuit. The homestead exemption does not apply to consensual liens, such as a mortgages or deed of trusts, and it only applies to one property at a time. If you have more than $150,000 in equity your primary residence, a judgment creditor can foreclose on the home, but must pay you the $150,000.