Legal Question in Real Estate Law in Texas
avoiding foreclosure
can i avoid foreclosure by selling my home to a friend willing to pay cash for it?
Asked on 10/03/08, 7:27 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: avoiding foreclosure
Yes, as long as the loan is paid off prior to the foreclosure date. You will need to get the full payoff amount from the Trustee listed on your notice of foreclosure.
Answered on 10/04/08, 10:31 am
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