Let's talk about a tough subject: foreclosure. If you're behind on your mortgage payments in Texas, it's normal to feel overwhelmed and confused. But before you panic, take a deep breath and know that you have options. Here's a breakdown of the foreclosure process in Texas, minus the legalese.
First things first:
Delinquency: You're usually considered delinquent after missing 120 days of mortgage payments. However, some lenders might act sooner, so it's crucial to stay in touch with them.
Notices: The lender will send you two important notices:
The Foreclosure Sale:
Important things to remember:
Remember: Foreclosure is a serious matter, but it's not the end of the road. By understanding the process and exploring your options, you can navigate this challenging situation and find the best path forward for yourself and your family.
If you'd like to talk through the process, reach out to the info below.
Clementina Thornton- Your Bilingual Greater Houston Real Estate Pro
Call:281-797-9019
Email:Clementhorn@yahoo.com
Address:3616 Highway 6, Sugar Land, TX 77478.
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Let's turn your "selling soon" sign into a "sold!" and unlock the next exciting chapter in your life