Strategic Default In Arizona: What You Need To Know

Strategic Default In Arizona: What You Need To Know

As more and more Arizona homeowners find themselves in a situation where they owe more on their home than their home is worth, strategic default is becoming more common.

Simply put, strategic default is when you can afford your mortgage payment, but you elect to stop making it.

Many times when the topic of strategic default is brought up, there will be a heated debate regarding the morality, the technicalities or the options surrounding strategic default – but regardless of which side of the fence you are on, here is some very important information that we want you to know regarding strategic defaults.

Strategic Default: Is It Walking Away? Is It Immoral?

In this video, Kevin Hardin discusses things such as “is strategic default immoral” and “is strategic default considered walking away”? Not only can you get answers to these two questions, but also learn how many months the average homeowner in Arizona stays in their house after stopping to make their mortgage payments.

Strategic Default: Is It Fraud? What Will Happen In Foreclosure?

In this video, Kevin Hardin discusses strategic default not being fraud and in what situations you could commit fraud such as lying about renting your old home. Kevin also discusses the process of going to foreclosure and what the foreclosure timelines are.

Strategic Default: What You Need To Know

If you are situation where you can no longer afford your mortgage payment or owe more on your home than it is now worth, be sure to consult a legal expert regarding your rights, obligations and options. We are experts and have helped thousands of Arizona residents with the legal opinions and protection they need regarding their Arizona loan modification, short sale and strategic default options. Before you list your home for short sale, stop making your payments or accept that loan modification call us at 888-909-1030 for a consultation to discuss your situation.

If you would like to arrange a consultation please complete the contact form below.


About Kevin Hardin

Kevin W. Hardin is a 22 year veteran of the Mortgage and Real Estate industries. He holds a Juris Doctor (JD) degree from Concord Law School and a CMB (Certified Mortgage Banker) from the Mortgage Bankers Association. He is a Senior Loan Officer at HomeStreet Bank. He works with Borrowers, Attorneys, Title Companies, Real Estate Agents and Mortgage Companies on mortgage law issues.


  1. Kevin,

    Great info! This is why I refer all of my clients who are anticipating a short sale to your office. This will clarify a lot of their concerns.

    Keep up the great work!

    Cynthia Knight
    SE Valley REALTOR


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