Arizona is a non-judicial foreclosure state. A trustee's sale typically takes around 90+ days after the notice of sale. There is generally no right of redemption after a non-judicial trustee's sale. Because a lender absorbs carrying cost and risk for that entire period, a cash note sale today often beats carrying the credit through foreclosure.
Arizona foreclosures are usually non-judicial via a deed of trust's power of sale, with anti-deficiency protections on certain residential property that are less applicable to commercial credits â relevant to recovery analysis.
Compare the foreclosure path to a cash sale with the loan-sale-vs-foreclosure calculator, using the timeline above.
A note sale transfers the loan to a buyer for cash, removing the timeline, the legal cost, and the risk of ending up as the owner of the property. Standing Bid Capital is a direct principal buyer of CRE loans, discounted payoffs, and REO — $250K–$25M, all-cash, no re-trade, confidential. Request a confidential review.
A trustee's sale typically takes around 90+ days after the notice of sale. Timelines vary with the property, court or trustee schedule, and any borrower defenses; confirm with local counsel.
Yes â a note can be sold at any stage; the buyer steps into the lender's position and continues or resolves the process. Send the current legal status with the loan tape.
Standing Bid Capital buys nationwide, directly and all-cash, $250Kâ$25M. Request a confidential review.