Texas Foreclosure FAQs

• Q: Does Texas Law Allow for a Redemption Period After a Foreclosure?
  A: No, there is no statutory right for a borrower to redeem a property after that property has been foreclosed. More
• Q: Where and When do Foreclosure Sales Take Place in Texas?
  A: All property foreclosures in Texas occur on the first Tuesday of the month, regardless of whether that Tuesday is a legal holiday. Foreclosure sales must occur … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in Texas?
  A: Texas law allows for three different methods of foreclosure. In the absence of a power of sale clause in the loan documents, a lender may request a foreclosure … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Texas?
  A: A Texas lender is allowed to sue a borrower for a deficiency judgment if the loan is not paid in full with the proceeds of a foreclosure sale. However, the … More
• Q: How Can a Lender Foreclose on a Property in Texas?
  A: When a borrower defaults on mortgage secured by Texas property, the lender is entitled to foreclose on that property. Since most Texas mortgages contain power of … More
• Q: How Long Does the Typical Foreclosure Process Take in Texas?
  A: Texas foreclosures occur quickly. In just 60 days an uncontested foreclosure can be completed. If the lender seeks a delay or if the borrower contests the … More
• Q: Can I Keep My Home If I File Bankruptcy in Texas?
  A: Texas law allows homeowners to keep 100% of the equity in their home from unsecured creditors. That means that as long as the homeowner is current on his or her … More

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