The worse thing to do is to ignore the situation. If you will address the situation ASAP you will most always have options. The foreclosure process moves very quickly in Texas and can happen in as little as six months following your first missed payment. Yes, it is a challenge. Yes, it can be stressful. But you must deal with it immediately because you do not want a foreclosure to impact your credit score for many years into the future.
These are the first three questions we discuss with every homeowner when helping walk them through the foreclosure process. Our goal is to ensure a win-win situation for everyone. Our ultimate goal is to help you reduce your financial burden and ensure your able to repair your credit history in the process.