What is a Pre-Foreclosure?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. What is a pre-foreclosure? Many homeowners across America and Dallas are facing difficulties in making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, … Continued

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Understanding the Foreclosure Process

Understanding the foreclosure process in Texas is an important part of navigating your own home foreclosure. What is foreclosure? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not the end of the world. … Continued