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The Power of Sale Clause in Your Texas Deed of Trust

The Power of Sale Clause in Your Texas Deed of Trust If you have read that Texas is a non judicial foreclosure state and were not sure what that meant for you, this is the short version. It means the lender does not have to file a lawsuit or convince a judge before selling your house. The authority comes from your own loan documents. A Texas deed of trust contains a power of sale clause, and by signing it you granted a trustee the right to sell the property if you defaul

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How to Stop a Foreclosure in Texas

What Texas Homeowners Can Still Do Before the First Tuesday Texas moves faster than almost anywhere else, and that single fact shapes every option you have. Most Texas mortgages are foreclosed without a lawsuit, under the process in Texas Property Code Section 51.002. There is no judge to slow things down, so the calendar does the work instead. Two dates matter. The notice of default gives you a window to cure the arrears before the lender accelerates the loan and d

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07-selling-an-inherited-house-in-texas

Inherited a House in Texas, Now What An inherited house in Texas usually arrives with a https://andersoncebj417.nexorafield.com/posts/07-selling-an-inherited-house-in-texas legal question attached, and answering it first saves months. The question is not what the house is worth. It is whether you currently have the authority to sell it. A buyer's title company will want proof that ownership passed properly. How you establish that depends on how the estate was handled.

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10-texas-homestead-protection-and-forced-sale

Texas Homestead Protection and Forced Sale Texas homestead protection is among the strongest in the country, and it is widely misunderstood by the people it protects. Homeowners assume it shields the house from everything. It does not, and knowing which debts pierce it tells you how much trouble you are actually in. The protection sits in the Texas Constitution, Article XVI, Section 50, and it shields the homestead from forced sale for most general debts. A credit card c

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