Herrin & Wright
Foreclosure is a scary process and in many cases people feel as if they are powerless to do anything about it. However, whether you want to keep your home or just want time to move out, there are options.
Texas is a non-judicial foreclosure state, which means that Texas does not require your mortgage company to sue you for the right to foreclosure. After acceleration of your note, your mortgage company is only required to give you 21 days notice of the foreclosure. There are several rights you have as a homeowner but because of the short notice period in Texas, you must act quickly.