Sell Closure Property With Example In San Antonio
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FAQ
Can I sell my house in Texas without a realtor? Yes, you can sell your house in Texas without a realtor. This is known as For Sale By Owner (FSBO).
Extraterritorial Jurisdiction (ETJ) The ETJ is the unincorporated land within five miles of the City of San Antonio boundaries and includes all unincorporated territory that is not located in another city's municipal boundary or ETJ.
Fortunately, if you are facing foreclosure, you can still sell your house and ease the painful impact foreclosure will have on your family.
We can outline the key timeline events in the Texas foreclosure process. Generally, homeowners fall into default after missing 3-6 months of mortgage payments. Upon reaching at least 120 days behind on payments, homeowners may receive a notice of default.
Foreclosure auctions are generally held the first Tuesday of each month between a.m. and p.m. at the county courthouse. The sale must begin at the time stated in the notice of sale, but no later than three hours after the time scheduled on the notice of sale.
The timeline for buying a foreclosed home in Texas can vary, but the process may take several months on average. It typically begins with the pre-foreclosure stage, allowing time for negotiation with distressed homeowners.
The former owner will have to petition the county to turn over the surplus funds. If no one petitions to recover them, the surplus funds generally can be held by the county for two years before they are distributed to the taxing bodies that foreclosed on the property.
