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No More Foreclosures in Southeast Texas

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Halt sign

 At least for now, so says the Texas Attorney General…

The Texas Attorney General's office has halted all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties, until mortgage companies have completed a review of their processes, including whether employees or agents "robosigned” affidavits and other documents recorded in Texas.

The AG suspension notices were sent to 30 mortgage-loan servicers doing business in Texas.

What's this all mean?

I think we are all still trying to figure that out.  Here's a little more information for those of you buying a foreclosure in Beaumont or any part of Texas for that matter.

Dallas News

Houston Chronicle

FAQ's Texas Association of REALTORS

If you want to learn more about buying and selling foreclosures in Jefferson County and Southeast Texas contact me today.

 

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