Bill Morris: Texas Foreclosure and Keeping Your Home

Texas Foreclosure and Keeping Your Home

Over the past several months, there has been a lot of information available about alternatives to foreclosure:

  -- forebearance

  -- loan modification

  -- short sale

  -- deed in lieu

All of these depend on the mortgage lender involved, and on how they make loss mitigation decisions.  The rules of foreclosure, however, are a matter of state law.  Lenders may exercise patience and attempt alternatives before triggering the foreclosure process, but this website does a good job of outlining the steps in a Texas foreclosure, and in providing good general information about some alternatives:

If you're struggling with mortgage payments and in risk of losing your home, don't wait until it's too late.  Please check out this information and contact a professional for assistance.

Bill F. Morris, ABR, CRS, CDPE, e-PRO, MBA
RE/MAX Capital City
Call or Text:       512-785-3345
Toll-Free:           1-800-692-8784, x 162

Your personal referrals are the best measure of my success!

Comment balloon 0 commentsBill Morris • June 06 2010 08:33PM