Legal Question in Real Estate Law in Texas
I own a property in Tx that I currently have rented to tenants. Can you tell me what legal or financial implications (outside of the standard foreclosure lawas) could occur if I foreclose on the property?
Asked on 8/07/09, 1:35 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
If you already own the property, why would you foreclose? Are you talking about evicting the tenants who are under a lease? Did you sell the property to the present occupants and retain a note to the new owners who aren't paying.? I am sorry, but I am really not sure what you are asking. Can you re-post the question with more specific details?
Answered on 8/07/09, 2:23 pm