What is the best company to use to stop foreclosure in Texas?
Question:
Answer:
Stop it based on what. Assuming you are indeed late on your payments, you will need to declare bankruptcy to avoid foreclosure.
To stop it, either get them to accept the house via quit claim, or file bankruptcy.
If you want to stop forclosure and keep your house I would hire a lawyer ASAP. If you are ok selling your house go to Home Vestors. Keep in mind they will probably low ball you and you will walk away with hardly any equity. Don't call the numbers on the side of the road. They are usually an individual who just attended a real estate seminar a few weeks ago and don't know what they are doing. Also don't sign your deed over to an individual claiming they can stop forclosure. (See recent article in Dallasnews.com) The only person who can stop it is your mortgage company.
The only way to stop foreclosure is to pay the amounts owed. You don't need a "company" to do that on your behalf, you just need to send the mortgage company a check.
If the problem in fact arises from the lender's misapplication of your payments, then I'd hire an attorney.
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