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article about differences between pre-foreclosure and foreclosure

Pre-Foreclosure vs Foreclosure: What’s the Real Difference?

Pre-foreclosure is the early stage after missed mortgage payments, where the homeowner still has time to take action—like reinstating the loan, modifying it, or selling the property. Foreclosure is the final stage when the lender repossesses the home and sells it, usually through a public auction. At that point, the homeowner loses ownership, and the impact … Continued

How Long Does Pre-Foreclosure Last in Texas?

Deadlines & Timelines Every Texas Homeowner Should Know If you’ve fallen behind on your mortgage payments, you may be wondering: How much time do I actually have before my house is foreclosed in Texas? Texas has one of the fastest foreclosure processes in the country. In some cases, homeowners go from a missed payment to losing … Continued