Texas Could Follow Washington State Supreme Court In Putting A Halt To Property Preservation Tasks Before Foreclosure

I’m From the bank!

As is true in Washington, Texas case law also indicates that lenders do not own a borrower’s home and do not have the right to take possession of that home before default and until the home is sold at foreclosure.

The Texas Property Code details the rights homeowners and lenders have when a home is scheduled to be sold at foreclosure, and those rights do not include the ability to lock homeowners out of their homes before a foreclosure sale.

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