It would be best if you just have general knowledge about the foreclosure process so that you will not be cons fused about your rights and about what you could do to stay in your house longer. You need to understand and know the overview of the whole foreclosure process, first. You should know that the whole foreclosure process will be hard for the lender as well because he or she will go under a lot of processes to repossess your home.
You need to know that there are different things that will be happening while under the whole foreclosure process. There are so many that it would be hard to mention everything including the different aspects that would possibly happen if you go through the whole foreclosure process. It will be very hard to determine the timeline as well because there are several factors that will affect the whole foreclosure process, it will be hard to estimate the time.
The whole foreclosure process typically happens when the person is unable to pay the mortgage for the home for several months already. The whole process will start off with the bank calling the person about the missed mortgage payment, the banks will call him or her because that person is lending from the bank. Almost every homeowner will try to avoid in answering these phone calls. And this is the tip of the ice berg for those people, the lender will be forced to file for a foreclosure judgment. You also have to know that you will no longer receive any notice from the lender about the foreclosure. If you no longer receive any notices, that will mean that the lender has already made up his or her mind to kick you out.
When you get the signal that the texas foreclosure process is already underway. You can either go with the foreclosure process or you can request for a hearing in the local circuit court. In this kind of hearing, it gives you the opportunity to be able to share your part of the story on how you were unable to pay the mortgage.You can only hope that your story is unique and also valid. This is because it will be pretty hard for you to win this case. A lot of people failed in this kind of hearing. Right after losing the case , you will also lose your home because the judge will approve of the petition for foreclosure for your lender.
That is why you need to think about hiring stop foreclosure professional for this kind of case.
Be sure to have a credible professional.
You will have a higher chance of winning if you follow this guide.