Got a foreclosure notice in Bexar County? Here is what each one means.
Foreclosure letters are confusing, and some arrive with a date attached. Here is what each notice means in Texas, how the timeline usually runs, and what you can do at each step. Plain language, no pressure.
Free, private, no obligation. Offers come to you in writing.
The notices and the timeline
Texas foreclosures are usually non-judicial, which means the lender does not have to go through a court. The steps below are the general pattern.
Missed payments
Your lender usually starts with late fees, calls and letters. This is the best time to reach out, because more options are open early.
Notice of default
A written notice that you are behind. In Texas, you generally have at least 20 days from this notice to catch up before the lender can move forward.
Notice of sale
This notice sets the sale date. It is generally sent and filed at least 21 days before the sale. Many people only see it when it is posted or recorded with the county.
Sale day
Texas foreclosure sales are held on the first Tuesday of the month, between 10 AM and 4 PM, at the location the county designates, usually the courthouse.
After the sale
In Texas, there is generally no right to buy the house back after a foreclosure sale. The new owner can start the process to take possession.
These are general timelines. Your loan documents and loan type can change them, so read every notice and ask your lender what applies to you.
How selling to us works
Simple, and you stay in control the whole way.
- Tell us about the house. Use the short form or call. The address and the sale date on your notice is plenty to start.
- A real person follows up the same day. We ask a few questions about the house and your situation.
- You get a clear written offer if it makes sense. Whether the numbers work depends on the condition of the house and what is owed on it. We will tell you honestly either way.
- You choose the closing date. A title company handles the paperwork, and you can always say no.
We are a home buying company, not an attorney, lender or government agency. We will tell you honestly if selling to us is not your best move.
Your options once you have a notice
What is best depends on how far behind you are, what you owe, and what you want to do with the house.
Call your lender
Ask about loss mitigation. Depending on your loan, a repayment plan, forbearance, modification or partial claim may be available. Get anything agreed in writing.
Reinstate the loan
If you can pay the past-due amount plus fees, the loan can be brought current. Ask for a reinstatement quote with a good-through date.
Get free counseling
HUD-approved housing counselors help homeowners at no cost and can talk with your lender for you.
Sell before the sale date
Selling before the auction can stop the foreclosure and may protect your credit better than a foreclosure would. You can sell with an agent or directly to a cash buyer like us.
General information only, not legal or financial advice. For your specific case, talk with a licensed Texas attorney, a HUD-approved housing counselor or your lender.
What helps us give you a straight answer
You do not need all of this to get started. Share what you have:
- The address and a short description of the condition.
- Which notice you have, default or sale, and the sale date if there is one.
- About how much is left on the mortgage and who the lender is.
- Whether anyone lives in it, or it is vacant or rented.
- Your goal: keep the house if you can, or move on if you cannot.
Want a straight answer about your house?
Tell us about the property. A real person looks at your situation and gives you a clear written offer if it makes sense. No fees, no pressure, and you can always say no.
Questions people ask
What is the difference between a notice of default and a notice of sale?
A notice of default says you are behind and gives you a window to catch up. A notice of sale sets the date the house will be sold at the foreclosure auction.
How long do I have before the foreclosure sale?
Once a notice of sale is issued, the sale is usually at least 21 days away. The sale date is on the notice, and sales are held on the first Tuesday of the month.
Can I stop a foreclosure?
Sometimes. Paying the past-due amount, working out a plan with your lender, or selling the house before the sale date can stop it. For legal questions, talk with a Texas attorney or a HUD counselor.
Can I still sell my house after getting a notice?
Often yes, if the sale closes before the foreclosure sale date and covers what is owed. Timing is tight, so reach out as early as you can.
Will I lose all my equity at a foreclosure sale?
Any money left after the lender is paid and costs are covered may go back to the owner, but the sale price at auction can be lower than what the house is worth. Selling beforehand can give you more control.
Is there a fee, or do I pay commissions?
No fee to ask, and no agent commissions when you sell directly to us. Every offer comes to you in writing and you can say no at any time.