Home Buying in Dallas>Question Details

cadillaccab, Home Buyer in Dallas, TX

What's, the redemption period in Texas for a foreclosed mortgage not tax liens?

Asked by cadillaccab, Dallas, TX Mon May 20, 2013

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6
I'm not aware of a redemption period for a mortgage foreclosure.

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
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III Lincoln Centre, 5430 LBJ Freeway #280
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0 votes Thank Flag Link Fri May 24, 2013
If the foreclosure was completed, there is no way to get the property back unless you can re-purchase it. However, it is important to make sure the process was completed and not just threatened. I am working with a client right now who has been "in" foreclosure for 6 years but the bank has not officially taken the property so there is a chance to reinstate payments. Its rare and strange, but it happens! Contact the mortgage company and see if it's an option!
0 votes Thank Flag Link Thu May 23, 2013
No redemption period that I know about.

The time to redeem was before the foreclosure.
0 votes Thank Flag Link Tue May 21, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
Foreclosed mortgage liens cannot be redeemed.
0 votes Thank Flag Link Mon May 20, 2013
No redemption period for mortgage foreclosure. Sorry.... :(
0 votes Thank Flag Link Mon May 20, 2013
There is no redemption period available on this type of foreclosure.
0 votes Thank Flag Link Mon May 20, 2013
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