Legal Question in Real Estate Law in Texas

minors and mortgage

If money is loaned to a single parent for a home, if payment is not made can the home be foreclosed on, and in what period of time?


Asked on 7/09/03, 2:48 pm

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

Re: minors and mortgage

Any purchase money mortgage can be foreclosed upon if not paid. The borrower must be given notice and an opportunity to cure. The time periods are set out in the Texas Property Code.

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Answered on 7/09/03, 7:48 pm


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