Contact Information
Reginald A. Harris ERA Priority One 10110 Montwood Dr.Ste. D El Paso, TX, 79925
Office: (915) 592-0234 Cell: (915) 252-4882 Fax: (915) 594-6973
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What types of foreclosure are there in theEl Paso, TX area?
Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lienholder on El Paso, TX property requests a court-supervised sale of the property to cover the unpaid balance of a delinquent debt.
Nonjudicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default. In such a foreclosure, however, the lender is unable to obtain a deficiency judgment, which makes some title insurance companies reluctant to issue a policy.
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Last Updated ( Thursday, 04 September 2008 )
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