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Originally Posted by shaversd What is the name of your state? Texas
I am owner-financing a home for a gentleman and having so many problems with him. He is a really nice man and I have given him every break I can but I'm running a business! I have so far sent him two registered letters in the past and he finally paid up. He is now two months behind again. I would like to know the proper procedures to follow for foreclosure (that I can do on my own) before I will have to seek legal help.
Thanks so much,
D. Shavers |
The proper procedures to follow for foreclosure (that you can do on your own) is to hire a real estate lawyer well-versed in foreclosures. If a foreclosure gets screwed up (and you could do that on your own real easily), then you will have a massive lawsuit on your hands trying to clear it up.
The cheapest route you can take is to hire a good lawyer now.
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