Legal Question in Real Estate Law in Texas
foreclosed property
i have three rental properties that was foreclosed on 4 days ago. is there anything i can do to regain properties
Asked on 2/11/07, 12:32 am
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: foreclosed property
There may be a redemption period for a foreclosed HOA lien or tax lien, however, a regularly and validly conducted trustee's sale cuts off the equity of redemption previously existing in favor of the mortgagor (you)under Scott v. Schneider Trust, 783 SW2d 26.
Answered on 2/11/07, 10:02 am