Legal Question in Real Estate Law in Texas
taxes
If an individual holds a mortgage on a property for someone and the mortgagee is constantly late therefore making the escrow payments for insurance and taxes late. The holder of the mortgage wants to foreclose, but the person living in the house wants to sue because his taxes payment was short. What are the rights of both parties?
Asked on 6/01/09, 7:20 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: taxes
A foreclosure can easily be done. Contact an attorney to handle. Foreclosures are procedurally tricky, so if they are not done exactly right, it may be ineffective.
Answered on 6/03/09, 12:44 pm
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