Foreclosure

Legal Resources

• All about Home Equity Loans

  Answers frequently asked questions about home equity loans in Texas. Content Detail

  By:

  Texas Office of Consumer Credit Commissioner

  Read this in:

  Spanish / Español

• Home Equity Loans: Borrowers Beware!

  Don't risk paying off unsecured loans (credit cards) with a loan secured by your home. If you really think you must borrow against your home, look out for these loan terms. Content Detail

  By:

  Federal Trade Commission

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  Spanish / Español

• How to Avoid Foreclosure

  This is a link to HUD's website that has some good information. It does NOT mention the borrower's right to file bankrutpcy. This is sometimes a good option to take in certain circumstances. There are other options not mentioned by HUD that borrowers might have. Additional information will be available soon, however, at present the best source of information about preventing a foreclosure is found with an attorney specializing in the area. Content Detail

  By:

  US Department of Housing and Urban Development

  Read this in:

  Spanish / Español

• Making Home Affordable Program

  The Obama Administration's Making Home Affordable Program includes opportunities to modify or refinance your mortgage to make your monthly payments more affordable. It also includes the Home Affordable Foreclosure Alternatives Program for homeowners who are interested in a short sale or deed-in-lieu of foreclosure. Content Detail

  Read this in:

  Spanish / Español

  Vietnamese / Tiếng Việt

• Renters in Foreclosure Toolkit

  On May 20, 2009, the President signed into a law a bill containing provisions protecting tenants living in foreclosed buildings. (The Protecting Tenants at Foreclosure Act is Title VII of Public Law 111-22.) These provisions immediately went into effect and are "self-executing", so no federal agency (such as HUD) is responsible for making them work. It is up to advocates to make sure that tenants, landlords, public housing authorities, courts, the legal community, and others involved in the foreclosure process are aware of these new rights for tenants. Content Detail

  By:

  National Low Income Housing Coalition

• Reverse Mortgages: Are They for You?

  This is a guide to assist you in evaluating whether a reverse mortgage is right for you. Content Detail

  By:

  US Comptroller of the Currency

• Saving Your Home From Foreclosure

  This brochure discusses different ways to save your home from foreclosure including filing for bankruptcy. Content Detail

  By:

  National Consumer Law Center

• Tenants Have Rights If Landlord Foreclosed On

  Read More

  By:

  Office of the Comptroller of the Currency

• Texas Foreclosure Timeline Chart

  This chart shows the process a lender takes to foreclose on a homestead when the loan being foreclosed on was used to purchase the home, or was a refinance of the purchase loan (not a home equity loan or a tax loan -- court approval is required before a lender can foreclose on these loans). Content Detail

  By:

  Texas RioGrande Legal Aid - Austin

• Options and Answers for Homeowners Facing Foreclosure

  Content Detail

  By:

  Texas RioGrande Legal Aid - Austin