Foreclosure Relief Services Blog

5 Options You Have When Facing Foreclosure

Apr 3, 2018 1:47:21 PM / by Greg Tidmore posted in Loan Modifications, Short Sales, Foreclosure

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1. Do Nothing

While you may be tempted to just walk away, if you ignore the lender and do nothing, you can expect to be foreclosed on in as few as 21 days. Adding insult to the injury, there is no redemption period for mortgage foreclosures in Texas. Once foreclosed on, you will have to move out or you will be evicted with little or no hope of getting it back.

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REALTORS needed to help thousands of Harvey victims facing foreclosure

Feb 28, 2018 1:47:04 PM / by Greg Tidmore posted in Foreclosure Defense, Foreclosure, Loss Mitigation, Forbearance

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On August 25, 2017 Hurricane Harvey hit Texas hard, wiping out 15,000+ homes and damaging some 150,000+ more. This caused a spike in delinquent housing payments, and now more than 40,000 mortgages are 90 or more days delinquent! The spike was not unexpected, but Houston foreclosure postings soared pre-Harvey according to the Houston Chronicle. Harvey just exasperated the problem.  

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HELP: I accepted a forbearance and now I’m being foreclosed!

Feb 21, 2018 10:48:20 AM / by Greg Tidmore posted in Foreclosure, Loss Mitigation, Forbearance

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On August 25th, Texas was hit by the strongest hurricane to impact the state since 1961. But it wasn’t the wind that gusted to 134 mph that caused most of the $180 billion in damage; it was the catastrophic rainfall of up to 60 inches. All told, some 15,000+ homes were destroyed with another 150,000 suffering some damage.  

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What Happens After a Foreclosure?

Dec 20, 2016 12:34:00 PM / by Greg Tidmore posted in Foreclosure Process, Foreclosure Defense, Foreclosure

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After the Foreclosure Process

In my previous post, Foreclosure Process in Texas I covered that foreclosure is a process that begins with default of the loan and culminates in the sale of the property. Now having an understanding of how the process works, let's discuss what happens after the auction takes place.

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