When you are behind on your mortgage payments, you might be worried about the possibility of losing your home to foreclosure. Under Texas law, if you fail to make your payments, your mortgage company has the right to initiate the foreclosure process and take possession of your home without any judicial intervention whatsoever. With [...]

When you get a loan to purchase a property, you enter into a contract with the lender and agree to repay the loan in accordance with the payment schedule spelled out in said contract. If you fail to do so, the lender has the right to seize your property and sell it to a third [...]

Are you facing a potential foreclosure on your home? When your budget is tight it doesn’t take much to get behind on your house payments. And once you’re 120 days behind, your mortgage lender has the right to begin the process of foreclosure.  But even if you’ve missed payments, you still have rights in this [...]

Short Sale vs Foreclosure: What’s the Difference? When a homeowner struggles with making mortgage payments, they may be in danger of losing their home. If you have found yourself in this situation, you have a few options:  Foreclosure. The lender seizes the property. Short Sale. The property is sold before foreclosure. Deed in Lieu of [...]