We buy houses in Jersey Village, Texas and in greater Houston, and want to help you if you’ve gotten a foreclosure notice of default and are trying to figure out what is going on.
A simple way to look at it, is that a notice of default for foreclosure is a document that has to be filed by a lender to begin the foreclosure process.
A foreclosure notice of default is required to be sent to everyone who has an interest in the property. This obviously would include lenders or other loans you may have, but what you may not realize, is that it also would include contractors who are owed money for work done to a property.
Another requirement for the foreclosure notice of default is that it must be posted on the property itself, as well as being published in a newspaper. We understand that this can be embarrassing to a person going through foreclosure, but it’s necessary to actually protect us.
Did you know that before the Notice of Default, you could have been foreclosed on without any warning?
It’s actually happened in the recent times – at least one bank has foreclosed on the wrong property and removed people from their house without due process. It’s even happened in greater Houston.
If you’ve received a notice of default, don’t wait around. Time is of the essence, and you shouldn’t waste any of it.
This Is A List Steps To Take In Jersey Village TX
1) Don’t Panic If You Received A Notice Of Default In Jersey Village
Anyone in foreclosure will be dealing with a lot of stress beyond just the property. These situations don’t happen overnight, and will take time to figure out. You can get through it by practicing good coping techniques and taking care of yourself and your family. Stay calm and try to avoid rash decisions.
2) Take Time To Learn About Foreclosure In Texas
Educate yourself and try to learn everything you can about the foreclosure process in Texas so that you know what’s happening and what’s coming up next.
3) Consult Legal Advice
There are a lot of non-profit and government resources available. You will also want good legal and tax advice throughout the process. Don’t try to do it all yourself. You can find yourself in a lot of trouble due to how complicated all of the rules are.
4) Check Out All Of Your Options
We want to help you avoid foreclosure. We buy houses in Jersey Village with cash. We can help you with short sales and even rent-back situations so you may be able to keep living in your home. There are more options than you think.
5) Talk To Your Bank In Jersey Village
The truth is that the bank doesn’t want your house – they want money. You can slow down, or stop the foreclosure process by saying the right thing and taking the appropriate action. In some circumstances, we can help you talk to and negotiate with the bank to reduce what you owe and in some cases, help you walk away from your property with cash in hand.
Sell Your House In Jersey Village TX
We hope this information is helpful. If you get a foreclosure notice of default, don’t panic, you have options, so take the time learn about short sales, and negotiate with your bank. The notice is important because it gives people the warning to prepare for foreclosure. We would love to help, and answer any questions you have. You can also reach to us if you want to sell your house in Texas.