A Galveston Foreclosure Defense Attorney Protecting Your Property Rights
If you are facing the loss of your home or a commercial property, you need more than just legal advice. You need an effective, knowledgeable attorney in your corner. I am Galveston foreclosure defense lawyer Eric R. Little, and I am that advocate. I will work tirelessly to protect your investments and find practical solutions to save your property.
At The Law Office of Eric R. Little, I bring 25 years of legal experience to your case. I have seen the personal toll that financial hardship takes on families and business owners in coastal Texas. That is why I am ready with compassionate yet tenacious representation during mortgage disputes.
Understanding Property Foreclosure Procedures In Texas
The legal framework that addresses default situations in real estate finance is Texas Property Code Section 51.002. Under this statute, lenders have to send you notice and follow strict scheduling requirements before they can sell your real property.
Lenders tend to pursue one of two paths, depending on your loan agreement:
- Nonjudicial foreclosure: If your contract has a power of sale clause, the lender can sell your home without going to court.
- Judicial foreclosure: The lender must file a lawsuit and obtain a court order before moving forward with a sale.
As a real estate attorney, I review every document available to make sure that your lender complies with the law. I am a homeowners’ rights advocate and can identify procedural violations that can stop foreclosure actions.
How Fast Can A Bank Foreclose In Texas?
The foreclosure process moves stunningly quickly. Lenders can initiate the process after you miss payments for 120 days. Once that period ends, the bank may complete a sale in just over 40 days.
What If You Are Behind On Your Property Taxes? Can The County Foreclose On It?
Texas Tax Code Section 33.41 allows local authorities to sue you for unpaid property taxes. The county can eventually sell your home or business at an auction to recover the debt. For these complex situations, you should have an experienced foreclosure lawyer to negotiate installment agreements or tax deferrals. These options can halt the litigation.
Can You Reclaim Your House After An Auction Sale?
Your options depend on the type of debt. Texas has a statutory right of redemption for tax foreclosures and homeowners association foreclosures. This window allows you to buy your property back within a specific time frame. However, standard mortgage foreclosures generally do not offer a redemption period.
Get Counsel From A Texas Foreclosure Defense Attorney
Do not take on lenders or tax authorities alone. I offer the defensive strategies you need for positive outcomes. For a free, confidential consultation, call me at 409-203-7803 or use my online contact form.