Hard-money loan in default

This is not a 30-year bank loan. Hard money, a private note, a bridge — 90 days, six months, a balloon. When it is behind, the lender does not run a long loss-mit queue. They post. Fort Bend still uses the first Tuesday. The difference is how little time you get before the notice of sale.

A short sale is usually too slow for this clock. Cash is the path that might still close, and only if the payoff works. If you owe more than the house will sell for, say so immediately. We will tell you if a purchase can still fit. We do not extend the note. We do not refinance you.

We buy. You sell. Title has to convey. Houston metro — Katy, Sugar Land, Richmond, Rosenberg, the rest. Talk about selling the house.

We do not stop a foreclosure sale. If you want to keep the house, that fight is free help or your private lender, not us.

What the statute actually says

A private or hard-money note secured by a deed of trust still sells under Property Code § 51.002 — first Tuesday, 21-day notice, posted, filed, mailed. The difference is how little loss-mitigation queue that lender runs before they use the statute.

There is no separate “hard money” chapter that gives you more time. Cash is usually the only purchase that can still fit. We do not extend the note. We do not refinance you. We buy if the payoff works and title can convey.

Statute links are the official text. This site is not a law firm. We buy houses. We do not give legal advice.

We do not stop a foreclosure sale. We are the buyer, not your agent.

Related: Sell a house in foreclosure · How we buy · Default letter · Owe more than it is worth · Fort Bend sale months