Take Action NOW – Every Day Counts
If you’re facing foreclosure in Longview or anywhere in Gregg County, you need to act immediately. Texas has one of the fastest foreclosure timelines in the country. From the time you receive your Notice of Default, the actual foreclosure sale can happen in as little as 21 days.
The good news: We can help you stop foreclosure and protect your credit by purchasing your house quickly.
Option 1: Sell Your House Fast for Cash
The fastest and most reliable way to stop foreclosure in Longview
- Get a fair cash offer within 24 hours
- Close in 7-14 days (fast enough to stop foreclosure)
- Pay off your mortgage completely
- Avoid foreclosure appearing on your credit report
- Walk away with cash if you have equity
- No repairs, no showings, no hassle
Option 2: Traditional Listing (If You Have Time)
Only viable if foreclosure sale is 4-6 months away
- May get higher sale price
- Requires 90-180 days to close
- Must make repairs and stage home
- Pay 6% agent commission
- Risk: Buyer financing may fall through
- Not recommended if sale date is near
Texas Foreclosure Timeline – Know Your Deadlines
Understanding the foreclosure process in Texas is critical to knowing when you need to act. Here’s what happens:
Day 1-30: First Missed Payment
Your mortgage servicer will contact you by phone and mail. Late fees are added to your account. This is the easiest time to catch up.
Action: Contact your lender immediately or call us at (903) 367-2274 to discuss options.
Day 30-60: Second Missed Payment
More urgent communication from your lender. Additional late fees accumulate. Your account may be marked as delinquent. Credit score begins to drop.
Action: You can still work out a payment plan with your lender or consider selling fast.
Day 60-90: Third Missed Payment – Notice of Default
You’ll receive a formal Notice of Default (also called Breach Letter or Notice to Accelerate). This letter demands full payment within 30 days or acceleration of the entire loan balance. This is your official warning that foreclosure proceedings will begin.
Action: This is your last chance to resolve the situation before formal foreclosure begins. Call us immediately.
Day 90-120: Notice of Trustee Sale Posted
If you don’t cure the default within the 30-day notice period, the lender files a Notice of Trustee Sale at the Gregg County courthouse. Texas law requires only 21 days between posting this notice and the actual foreclosure sale. The notice is also mailed to you, posted on your property, and published in local newspapers.
CRITICAL: This is your final window to stop foreclosure. Contact us immediately at (903) 367-2274.
Day 120-140: Foreclosure Sale Date
The foreclosure auction occurs on the first Tuesday of the month at the Gregg County courthouse. Your home is sold to the highest bidder. Once the sale occurs, you lose all rights to the property.
URGENT: We must close on your house BEFORE this date to stop foreclosure. Call us NOW.
After Sale: Eviction Process
After the foreclosure sale, the new owner (typically the bank) will begin eviction proceedings. In Texas, you could be forced to leave within 30 days. The foreclosure severely damages your credit for 7 years and may result in a deficiency judgment if the sale price doesn’t cover your mortgage balance.
Don’t let it get to this point. Call us today: (903) 367-2274
WARNING: Texas Foreclosure Moves FAST
Texas is a non-judicial foreclosure state, meaning the bank doesn’t need to go through the court system to foreclose on your home. This makes the process much faster than in other states.
From your first missed payment to losing your home can be as quick as 120 days. Once the Notice of Trustee Sale is posted, you have only 21 days until the auction.
DON’T WAIT until the last minute. The sooner you contact us, the more options you have.
How We Help You Stop Foreclosure in Longview
We’ve helped dozens of Longview homeowners avoid foreclosure. Here’s our proven process:
1. Emergency Contact
Call us immediately at (903) 367-2274 or fill out our urgent form. Tell us about your situation and foreclosure timeline.
2. Property Evaluation
We’ll evaluate your property and mortgage situation within 24 hours. No waiting around – we know time is critical.
3. Fair Cash Offer
We present you with a fair, all-cash offer that will pay off your mortgage and stop the foreclosure. No obligation to accept.
4. Fast Closing
If you accept, we can close in 7-14 days – fast enough to stop foreclosure before the sale date. We handle all the details.
Common Questions About Stopping Foreclosure in Longview
How quickly can you stop foreclosure?
We can typically make you a cash offer within 24 hours and close the sale in 7-14 days. This is usually fast enough to stop the foreclosure process before the sale date in Texas, as long as you contact us before the auction date. The key is to reach out to us as soon as possible – the earlier you call, the more options you have.
Will selling my house stop the foreclosure from appearing on my credit?
Yes! If we close on your house before the foreclosure sale date, the foreclosure will not appear on your credit report. Instead, it will simply show as a property sale. This protects your credit score and makes it much easier to buy a home again in the future. A foreclosure stays on your credit report for 7 years and can drop your score by 200-300 points. Avoiding foreclosure by selling to us is one of the best things you can do to protect your financial future.
What if I owe more than my house is worth?
This is called being “underwater” or “upside down” on your mortgage, and it’s more common than you think. Even if you owe more than your house is worth, we may still be able to help. We can work with your lender to negotiate a short sale, where the bank agrees to accept less than the full mortgage balance. We’ve successfully completed many short sales for Longview homeowners facing foreclosure. Call us to discuss your specific situation.
Do I have to pay you anything?
No! We don’t charge any fees, commissions, or closing costs. Unlike a traditional sale where you’d pay 6% in agent commissions (that’s $12,000 on a $200,000 home), we cover all costs. Our cash offer is the amount you receive, minus only what you owe on your mortgage.
What if my house needs repairs?
We buy houses in any condition. You don’t need to make any repairs, clean up, or even remove your belongings. Whether your house needs minor cosmetic work or major structural repairs, we’ll buy it as-is. This is especially important when facing foreclosure because you likely don’t have extra money or time to invest in repairs.
Can you help if the foreclosure sale is next week?
Possibly, but time is extremely tight. If the sale is scheduled for next week, call us immediately at (903) 367-2274. We’ll evaluate your situation right away and let you know if we can close fast enough. In some cases, we can close in as little as 7 days if all paperwork is in order. However, the earlier you contact us, the better your chances of stopping foreclosure successfully.
What happens to my second mortgage or home equity line?
When we buy your house, we pay off your first mortgage, and depending on the equity in your home, we may also be able to pay off your second mortgage or HELOC. If there isn’t enough equity to cover all liens, we can negotiate with your lenders. Every situation is different, so call us to discuss your specific circumstances.
Will I still owe money after selling to you?
In most cases, no. When we buy your house, we pay off your mortgage directly, which satisfies your debt to the lender. If you have equity (your house is worth more than you owe), you’ll receive the difference in cash. If you’re underwater but we complete a short sale with your lender’s approval, you typically won’t owe anything after the sale. However, deficiency judgments are possible in some situations, which is why it’s important to discuss your specific case with us.
Is selling to you better than filing bankruptcy?
In many cases, yes. Bankruptcy is expensive, complicated, and damages your credit for 7-10 years. It costs thousands in attorney fees and stays on your credit report even longer than foreclosure. By selling your house to us quickly, you can avoid both foreclosure and bankruptcy, protect your credit, and move forward with your life. That said, every situation is unique, and we recommend consulting with both us and a bankruptcy attorney to understand all your options.
Can I sell if I’ve already received a foreclosure notice?
Absolutely! You can sell your house at any time before the actual foreclosure sale takes place. Even if you’ve received the Notice of Default or the Notice of Trustee Sale, you still own the property and have the right to sell it. The key is timing – we need to close before the scheduled auction date at the Gregg County courthouse. Contact us immediately so we can start the process.
Why Homeowners in Longview Trust Us During Foreclosure
✓ Local Expertise: We’re based in Longview and understand the local foreclosure process, Gregg County courthouse procedures, and East Texas property values.
✓ Proven Track Record: We’ve purchased over 60 homes in Longview over the past 5 years, including many foreclosure situations.
✓ Speed When It Matters: We can close in 7-14 days, which is critical when facing Texas’s fast foreclosure timeline.
✓ No Extra Costs: You don’t pay any fees, commissions, or closing costs. We cover everything.
✓ Compassionate Service: We understand foreclosure is stressful and emotional. We treat you with respect and dignity throughout the process.
✓ Creative Solutions: Even in difficult situations (underwater mortgages, multiple liens, etc.), we work to find solutions.
Understanding Your Foreclosure Rights in Texas
Texas is a “Right to Cure” State
Texas law requires that your mortgage servicer give you at least 20 days to cure the default (catch up on payments) before they can accelerate the loan and proceed with foreclosure. This is your opportunity to get current on your mortgage if possible.
Notice Requirements
Texas law requires your lender to send you written notice at least 20 days before the foreclosure sale. The notice must be posted at the county courthouse at least 21 days before the sale, and a copy must be mailed to you. The sale must occur on the first Tuesday of the month between 10 AM and 4 PM at the county courthouse.
No Judicial Process Required
Texas is a non-judicial foreclosure state, which means your lender doesn’t have to go through the court system to foreclose. This makes the process faster but also means you have less time to respond and fewer opportunities to contest the foreclosure.