Behind on payments? You have more options than the bank tells you.
In Texas, foreclosure moves fast — but a cash sale can move faster. If there's equity in your house, you can pay off the loan, protect your credit from a completed foreclosure, and walk away with money instead of nothing.
Texas foreclosure moves faster than almost anywhere
Texas is a non-judicial foreclosure state, which means the lender doesn't need a court order to sell your house. Once you're several months behind, the process can run from the first official notice to the courthouse steps in a matter of weeks — foreclosure auctions here happen the first Tuesday of every month.
That speed is exactly why waiting is the most expensive thing you can do. Every month that passes adds missed payments, late fees, and legal costs to what you owe — and shrinks the equity you could still walk away with.
How a fast sale changes the math
If your house is worth more than what you owe, that difference is your money — but only if the house sells before the auction. A completed foreclosure typically wipes it out: the house sells at auction for less than market value, the fees stack up, and the credit damage follows you for seven years.
Selling to us before the sale date works like this:
- We move on your deadline. A 14–21 day close is routine for us, and we've closed ahead of auction dates more than once.
- The loan gets paid through closing. The title company pays off your lender — arrears, fees, and all — directly out of the sale proceeds.
- You keep the remaining equity. Whatever is left after the payoff is yours at the closing table.
- The foreclosure never completes. Your credit shows a sale, not a foreclosure — a dramatically softer landing for the next chapter.
What to do right now
First: don't ignore the letters. Find your most recent mortgage statement and any notice of default or notice of sale — those tell us your exact timeline. Then call us at (682) 200-8995. Within one conversation we can usually tell you whether a sale can beat your date and roughly what you'd walk away with.
Second: know your other options. Depending on how far along things are, loan modification, forbearance, or reinstatement may also be on the table, and a HUD-approved housing counselor can walk you through them free of charge. We'll be straight with you about whether selling is actually your best move — sometimes it isn't, and we'll say so.
We are not attorneys or credit counselors, and this page isn't legal advice. For legal questions about your foreclosure, talk to a Texas real estate attorney — earlier is better.
Get your options in 24 hours
Tell us the address — we'll call with a real number and straight answers.
Questions we hear most
How close to the auction date can you still buy my house?
Closer than you'd think — we've closed in under three weeks. But every day matters: title work, payoff statements, and scheduling all take time. If your sale date is inside 30 days, call today, not next week.
Will the bank accept a payoff from your title company?
Yes. Lenders would rather be paid in full than foreclose — the title company requests an official payoff statement and wires the funds at closing. The foreclosure stops because the debt is gone.
What if I owe more than the house is worth?
Then a standard sale can't clear the debt, and you'd be looking at a short sale — which needs your lender's approval and more time. We'll tell you honestly which situation you're in after one conversation.
Will I get anything out of the sale?
If there's equity after the loan payoff, yes — it's yours at closing. We'll estimate your walk-away number up front so you can decide with real figures, not fear.
Get a straight answer today.
One call or one short form. Within 24 hours you'll know your number and your options — with zero obligation to take either.