If you fall behind in your mortgage payments, a foreclosure is the procedure by which the lender forces the sale of your property so it can be repaid for the debt you owe. The foreclosure process moves very quickly in Texas and can happen in as little as six months following your first missed payment.
We call foreclosure "the atomic bomb of credit scars" because it cuts the deepest and lasts the longest. The truth is that foreclosure is the beginning of an eight to 10-year nightmare that can involve:
Foreclosure can happen in as little as 6 months following your first missed payment.
Note: This is a representative example. The foreclosure timeline can vary on a case-by-case basis.
Helping homeowners avoid foreclosure and learn their options is what we do best. We will work with you to find the best solution based on your situation and needs.
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