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How long does it take to foreclose on a property in Texas?

On Behalf of | Dec 1, 2017 | Foreclosure Prevention

No one wants to get involved in a legal proceeding, but when the legal proceeding involves losing your home, the process can be particularly unsettling. This is precisely what happens during a home foreclosure, so most Texas residents will do everything they can to avoid the foreclosure process.

But what if you can’t avoid foreclosure? Or, what if it’s not worth it to avoid this process and you simply need to grit your teeth and endure it? The first thing you’ll probably want to know is how long a San Antonio foreclosure proceeding will last?

Perhaps the one saving grace of a home foreclosure in the state of Texas is the fact that it happens quickly. You might have heard stories of foreclosures taking forever to complete during the Great Recession’s real estate bubble collapse several years ago, but these days Texas residents should expect to complete their uncontested foreclosure proceedings in only 60 days.

In some cases, the foreclosure process could take longer than 60 days. For example, foreclosure proceedings will be extended if you try to contest or fight the foreclosure in court. Also, by filing bankruptcy, your foreclosure process could be delayed.

Going through foreclosure can be difficult and scary. It can also be psychologically traumatic to be forced to let go of your home. However, with proper knowledge of Texas foreclosure laws, Texas homeowners can employ various legal tactics to defend themselves against foreclosure and stop the process. Numerous Texas residents have been able to keep their homes by employing simple and effective legal strategies.

Source: Law Info, “How Long Does the Typical Foreclosure Process Take in Texas?,” accessed Dec. 01, 2017