Bidding is governed by Arizona Revised Statutes, Section 33-810 et. seq.

On the day of the sale, any person, including the trustee and the beneficiary, may bid on the property. For more information about the amount of the credit bid, see our Sales List.

Every bidder must provide a $10,000 deposit in the form of a cashier’s or certified check.

It is our trustees’ policy not to accept cash. All bid deposits except that of the successful bidder will be returned. Each bid (except a higher subsequent bid by the same party) is irrevocable until the sale is completed. Failure to timely make payment as required will result in forfeiture of the deposit.

Payment of the bid price must be paid at the place designated by the Trustee by 5pm on next business day after the sale. If the successful bidder fails to make payment in a timely manner, successive bidding will be conducted according to ARS 33-811.

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