Arizona’s anti-deficiency statutes protect borrowers from being sued for a deficiency after a foreclosure of a loan used to purchase a home. Exceptions include where the property is more than 2.5 acres, or if it there are three or more units (such as a triplex). And for loans made in 2015 on, the anti-deficiency protections don’t apply if: 1. The home was not “substantially completed” – the final inspection has been completed, or construction has been completed in all material ways; or 2. The property was never actually used as a dwelling. Although foreclosures are relatively rare compared to in the Great Recession, trustee’s sales do happen. If you need help with a foreclosure, ask me how you can put yourself in the best position possible before the sale.