Sherman, TX › Foreclosure
Can I Sell My Sherman House in Foreclosure?
If a trustee's sale is scheduled, tell us the date right away so we can try to close before it.
Often, you can still sell a Texas house before a mortgage foreclosure sale if the transaction closes in time. A lender usually forecloses without going to court, through a trustee or substitute trustee. Some foreclosures go through court and follow different steps, so check the notices and case papers for your house.
We buy houses as-is, in any condition — no repairs, no cleaning, no cleanout required to sell to us. We buy in Sherman and Grayson County.
Call 888-274-5006We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Takes 2 minutes. No obligation.
How we help
We make a written cash offer and give you the written terms before you commit. You do not fix or clean the house to sell it to us. If you choose to move ahead, the closing is handled through a title company.
A scheduled sale makes timing important. Tell us the date on your notice so we can look at whether a sale could close before it.
Which sale is in your notice?
A Texas mortgage foreclosure is usually a non-judicial sale: a trustee or substitute trustee handles it without a court case. A property-tax foreclosure is a different process. The mortgage deadlines below do not give you the deadline for a tax case; follow the papers for that case.
For a home used as your residence, the loan servicer must first send a written notice of default by certified mail and give you at least 20 days to catch up before a sale can be noticed. Then, at least 21 days before the sale, the notice of sale must be posted at the courthouse, filed with the county clerk, and sent by certified mail to each borrower.
A mortgage foreclosure sale is a public auction at the county courthouse, usually on the first Tuesday of the month between 10 a.m. and 4 p.m. It must start no later than three hours after the time stated in the notice. Some foreclosures go through court instead and follow different steps.
Read the Texas State Law Library guides on notices before a mortgage foreclosure sale and what happens at the sale.
If the payoff is the problem
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before.
The lender's current payoff and any liens need to be reviewed as part of the title work. You don't need to pay off your back taxes before we settle. We buy houses with back taxes and liens — payoffs get handled through the closing, not by you upfront.
Mortgage balances, liens, back taxes, and your share of current property taxes are separate amounts. The title company reviews the figures for the property before closing.
What happens next?
- Tell us the property address and the date shown on your mortgage or tax-sale notice.
- Review our written cash offer and written terms before you decide whether to commit.
- If you accept, a title company checks the title and payoff information and coordinates the closing.
- For a mortgage foreclosure, the sale needs to close before the scheduled trustee's sale.
It's real estate. Sometimes there are bumps in the road. We won't disappear when that happens, and we'll be fighting to get this to the closing table.
Local help in Grayson County
For a Grayson County property-tax account question, start at the official county website and follow its Tax Assessor-Collector contact route. If your notice is for a tax case, use the case papers for its deadline and contact the office named there.
Texas mortgage-sale notices are filed with the county clerk. For local real-property records and clerk contact information, see the Grayson County Clerk's real-property records page. Check the notice itself for the sale date and confirm current status with the appropriate office or your attorney.
Estimate possible sale proceeds with the Sherman calculator → Use the calculator as a planning estimate, not as a property-specific offer.
Questions about foreclosure in Sherman, TX
Can I sell my Sherman house before a trustee sale?
Often, yes, if the sale closes before the foreclosure sale. The notices, payoff, title work, and actual sale date matter. If a trustee's sale is scheduled, tell us the date right away so we can try to close before it.
What are the Texas mortgage foreclosure notice deadlines?
For a home used as your residence, the servicer must send a written default notice by certified mail and give you at least 20 days to catch up before a sale can be noticed. At least 21 days before the sale, the notice must be posted at the courthouse, filed with the county clerk, and sent by certified mail to each borrower. Some foreclosures go through court and follow different steps.
Is a property-tax sale the same as a mortgage foreclosure sale?
No. A mortgage trustee sale and a property-tax foreclosure are different processes. The mortgage notice dates on this page do not set the deadline in a tax case. Follow the tax-case papers and contact the office named in them about your specific account or case.
What if the lender payoff is more than my Sherman house is worth?
Think the payoff is more than the house is worth? Ask us — we've gotten lenders to come down before. The lender's current payoff still needs to be confirmed for your property.
What happens after I contact USA Home Buyers?
We discuss the house and the sale date, then give you a written offer and written terms before you commit. If you decide to proceed, a title company reviews the title and payoff information and coordinates the closing.
Talk through your next step
Call 888-274-5006 or send the property details and the date on your notice. We buy houses as-is in Sherman and Grayson County.
We'll give you a written cash offer within 24 hours.
We give written cash offers in 24 hours.
Share the property address and foreclosure-sale date.