If you're facing foreclosure, time is critical. Texas moves quickly — understand the 20-day cure, the 21-day Notice of Sale, and the first-Tuesday auction. Dream Financial Management helps homeowners throughout Dawson County explore options like loan modification, repayment plans, and reinstatement.
Tell us about your situation. A specialist will review your options — at no cost.
In Dawson County, Texas foreclosures are handled through the deed-of-trust power-of-sale process, not a lawsuit. That means timing is everything — waiting too long can cut off your options. Acting early gives you the best chance to pursue loss mitigation, loan modification, or a repayment plan.
Under Texas law, you generally have about 20 days to cure a default before the foreclosure sale can move forward under the deed of trust.
The lender must post the Notice of Sale at least 21 days before the sale date, giving notice of the first-Tuesday foreclosure auction.
Texas foreclosure auctions are held on the first Tuesday of the month at the location designated for foreclosure sales in Dawson County.
Pursuing loan modification or other loss-mitigation options before the sale is vital — time is one of the few resources you can't get back.
Don't wait. In a non-judicial foreclosure state like Texas, every day closer to the first-Tuesday sale narrows your options. Contact us as soon as possible.
In Texas, most mortgage foreclosures are non-judicial. That means the lender proceeds through the deed of trust's power-of-sale clause rather than filing a lawsuit. Understanding the steps below — governed by the Texas Property Code §51.002 — helps you know what to expect and where your options may sit.
You fall behind on payments and are in default. Under the deed of trust, you generally have about 20 days to cure the default before the process moves forward.
The trustee or substitute trustee under the deed of trust post and files the Notice of Sale at least 21 days before the sale date, as set out in Texas Property Code §51.002.
The foreclosure auction is held on the first Tuesday of the month at the location designated for foreclosure sales in Dawson County.
Before the sale, you may be able to pursue loss mitigation, a loan modification, a repayment plan, or reinstatement — options worth exploring early with a professional.
Important: This overview is general information and not legal advice. Every situation is different. If you receive a Notice of Sale or face a default, contact a qualified professional or housing counselor promptly to understand your specific options.
Dawson County is anchored by Lamesa, the county seat and largest community in the South Plains. Whatever your situation, Dream Financial Management helps homeowners throughout Dawson County explore solutions before the first-Tuesday sale.
Pursue changed loan terms that may make your monthly payments more manageable.
Explore spreading missed payments over time to bring the loan current.
In some cases, paying the full amount due can stop the sale and reinstate the loan.
Get a free, no-obligation review of your situation to understand your options.
Gather the documents below to make a loss-mitigation review faster and smoother. Being prepared helps you move quickly in a state where timing is critical.
Your loan documents and any notices you received.
Recent pay stubs, tax returns, and bank statements.
The full property address and any hazard/insurance information.
Any letters from your lender, including the Notice of Default or Sale.
Beyond what we can do, these resources may help you understand your options:
The statute governing the non-judicial foreclosure notice process.
HUD-approved housing counselors can offer free guidance.
Call (213) 536-9372 for a free case review.
Call us today for a free, confidential review of your options.
(213) 536-9372