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 Gray 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 Gray 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 Gray 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, the ordinary foreclosure of a home mortgage is a non-judicial process. It is carried out under the deed of trust's power-of-sale clause rather than through a court lawsuit. Understanding the sequence can help you know where you stand.
The mortgage is secured by a deed of trust that grants the trustee a power of sale. This is the legal authority that allows a foreclosure sale to proceed outside of court.
Under Texas Property Code §51.002, a homeowner who has been given notice generally has about 20 days to bring the default current and stop the sale. This 20-day cure window is a critical moment to act.
The trustee or substitute trustee must post the Notice of Sale at least 21 days before the sale date. This notice tells you when the first-Tuesday foreclosure auction is scheduled.
The auction is held on the first Tuesday of the month at the location designated for foreclosure sales in Gray County. Before the sale, pursue loss mitigation such as loan modification or a repayment plan.
Important: Every foreclosure is unique, and the availability of redemption or any post-sale option can vary based on the specific loan and circumstances. This information is educational and is not legal advice. Consult a licensed attorney for advice specific to your situation.
Dream Financial Management provides confidential foreclosure assistance to homeowners in Pampa and homeowners throughout Gray County. We work to help you understand your options and pursue the path that best fits your situation.
We can help you prepare a request to modify the terms of your loan to make your payments more manageable.
A repayment plan can sometimes spread overdue amounts over future payments to help you catch up.
Reinstatement involves paying the total amount due to bring the loan current and stop the sale.
Get a free, confidential review of your situation to see which options may be available to you.
Having the right documents ready can help you act quickly. Collect the items below and contact us for a free review of your situation.
Reach out for a free, confidential review of your foreclosure situation in Gray County. Time matters — every day counts toward the first-Tuesday sale.