To stop foreclosure in Houston, TX, you should be aware that the laws of foreclosure will vary state by state. Texas has its own foreclosure laws and timeline. It's very important to become familiar with these laws and understand your rights as a homeowner to help you stop the foreclosure from happening.

The very first thing you must do, if haven't already, is to get in touch with your lender. There may be any number of reasons that you are going through a rough time financially, and you need to help your lender understand why you have been missing payments.

Maybe you were injured, or came down with sudden illness. Maybe you lost your job unexpectedly. Maybe you bought into an adjustable rate mortgage a few years back, and are now facing a ridiculous rise in interest on your monthly mortgage payments.

Whatever the reason is for your financial hardships, contact your lending institution in Houston, and explain your situation to them. Lenders will want to avoid a lengthy and costly foreclosure, and if you play your cards right, this is something that will work to your advantage to stop foreclosure in Houston, TX.

Here is a quick rundown of Texas state's foreclosure laws:

In Texas, you will be given 60 days from the time the Notice of Default is issued, which is usually 90 days after payments have been delinquent, until your property is auctioned off to the public.

Texas state law allows both judicial and non-judicial foreclosure processes. A judicial foreclosure is when your lender must file a lawsuit to obtain a court order to foreclose.

A non-judicial foreclosure is when a "power of sale" clause exists in a mortgage or deed of trust. If you signed a mortgage agreement with a "power of sale" clause, you, the borrower, have pre-authorized the sale of your property to pay off the loan should payments become delinquent. Basically, this means your bank does NOT need court approval to foreclose your home.

What's Your Next Step?

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