How Close Are You to Foreclosure?
Depending on your answers, this calculator estimates:
Example: “You’re 75 days late. Foreclosure may begin soon. You may still have time to sell and protect your equity.”
Use this data to make informed decisions — not emotional ones.
What Happens When You Miss Mortgage Payments in Texas?
Here’s a typical non-judicial foreclosure timeline in Texas. It can vary slightly by lender, but it moves quickly:
| Days Late | Status | What Happens |
|---|---|---|
| 30 Days | Payment missed | Lender contacts you, late fees apply |
| 60 Days | Pre-foreclosure | Credit score drops, notices begin |
| 90 Days | Notice of Default | You may receive certified mail |
| 120+ Days | Foreclosure Notice | Auction date is set |
🛑 In Texas, the foreclosure process moves fast. You could lose your home in just 41 days after the official notice.
Sell Before Foreclosure – What You Keep vs. What You Lose
| Option | Time to Complete | Credit Impact | Keep Equity? |
|---|---|---|---|
| Sell for Cash | 7–14 days | ✅ Minimal | ✅ Yes |
| Let Foreclose | 60+ days | ❌ Major hit | ❌ No |
| Bankruptcy Filing | 30–90 days | ⚠ Moderate | ⚠ Maybe |
Selling before foreclosure is usually the fastest and cleanest option — especially when time is running out.
FAQ – Texas Foreclosure & Your Options
While every lender is different, many start the foreclosure process after two missed payments. In general, homeowners begin receiving formal notices around the 90-day mark. If you’re behind, it’s a good idea to explore your options early. Selling the house before it reaches the auction stage may still be possible, but time is usually limited.
In Texas, foreclosure auctions take place on the first Tuesday of each month. The property is sold at a public sale, and the highest bidder becomes the new owner. If the sale amount is less than what you owe on your loan, you might still be responsible for the remaining balance. That’s why many homeowners try to sell before it reaches this stage.
The house is sold at a public trustee sale on the first Tuesday of the month. If the sale price doesn’t cover your loan, you could still owe the difference.
Yes, in many cases you can still sell your home after receiving a foreclosure notice, but time is tight. Some sellers are able to close just one or two weeks before the auction. If this is your situation, the sooner you reach out, the better chance we have of helping you complete the sale before the deadline.
No, there’s no need to fix anything before selling to us. We buy homes in all conditions, whether they need a few updates or major repairs. You don’t need to clean, paint, replace appliances, or do any prep work. We’ll take care of everything after closing.
Can I Sell My House If I Have Liens or Back Taxes?
Yes — we work with Texas title companies that handle:
These debts can usually be paid at closing from the sale proceeds.
💡 Example: You owe $7,500 in liens and sell for $275,000. The debts get paid, and you keep the rest.
Don’t assume you’re stuck — we can help you understand your numbers and walk away clean.
More Frequently Asked Questions
Foreclosure can have a serious impact on your credit. Most people see their credit score drop by 100 to 160 points after a foreclosure. It also stays on your credit report for seven years, which can make it harder to qualify for future loans, credit cards, or even rental housing. That’s one of the reasons many homeowners try to sell before the process is completed.
No, Texas does not offer a redemption period after a foreclosure sale. Once your property is sold at auction, the sale is final. You no longer have the right to reclaim the property or reverse the foreclosure If you’re at risk of foreclosure, selling before the auction is often your best option.
Sometimes, it depends on your situation. Whether you’re able to sell will depend on the type of bankruptcy you’ve filed and whether the court approves the sale. In many cases, it’s still possible, but it does require extra coordination. We’ve worked with sellers in bankruptcy before, and if needed, we can connect you with professionals who understand how to navigate this process.
Yes, you can, but the window is usually very small. We’ve helped homeowners close just days before the auction. If your property is already scheduled for auction, reach out as soon as possible. The more time we have to work with, the more likely it is we can help you sell and avoid the foreclosure.
That’s completely fine. We regularly buy homes that need a lot of work, including those with roof leaks, foundation issues, outdated electrical systems, or other major problems. You don’t need to fix anything or spend money trying to improve the condition of the home. We’ll buy it exactly as it is.
No, you don’t need an agent. When you sell directly to us, there’s no listing, no commission, and no need for showings or negotiations. We’re local cash buyers, not agents, so you can avoid the traditional selling process altogether and close directly with us.
Get Your Foreclosure Risk Estimate + Free Offer
Don’t wait until your home hits the auction block.
Serving Austin, Round Rock, Pflugerville, and all surrounding Texas areas. No fees. No BS. Just real help for Texas homeowners.
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Give us a call at (512) 580-7557 or fill out our form to get started.
Austin All Cash Home Buyers
7007 West Gate Blvd, Austin TX 78745
