What are the foreclosure timelines in my state?

In Texas, the foreclosure timelines are laid out in the state’s property code. The first step of the foreclosure process is that the lender must serve the borrower with a notice of default. This notice must provide the borrower with at least 20 days to cure the default, or make up the missed payments. If the borrower does not cure the default, then the lender can request a judicial foreclosure. The lender must first file a lawsuit and file a Notice of Foreclosure with the local county recorder’s office. The notice must provide the borrower with at least 21 days to cure the default. At this point, the lender can schedule a foreclosure sale. This takes place no sooner than 20 days after the notice of foreclosure is posted and no later than 30 days after the notice of foreclosure is posted. Finally, if the lender is the successful bidder at the foreclosure sale, they can apply for a foreclosure order from the court. This order allows the lender to take control of the title to the property. The foreclosure order must be obtained within 30 days of the foreclosure sale. Overall, the foreclosure timelines in Texas are relatively quick. However, the timelines do give the borrower time to cure the default and avoid foreclosure.

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What are the foreclosure timelines in my state?

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