Avoid Foreclosure Now
We Buy Houses Fast in El Paso
Facing foreclosure is overwhelming, but you have options. We buy foreclosed properties and homes at risk of foreclosure in El Paso, Texas. Get cash fast, avoid foreclosure damage to your credit, and move forward with peace of mind.
Close in 7 Days
Fast cash offers to stop foreclosure quickly
No Fees or Commissions
Keep more money in your pocket
Avoid Credit Damage
Protect your financial future
You Don't Have to Face Foreclosure Alone
If you're behind on mortgage payments and facing foreclosure in El Paso, Texas, time is critical. Every day that passes brings you closer to losing your home and damaging your credit score for years to come. But there's a solution that can help you avoid foreclosure now and move forward with your life.
At TRex RE LLC - The Texas Property buyers, we specialize in buying foreclosed properties and homes at risk of foreclosure throughout El Paso and surrounding areas. We've helped hundreds of homeowners avoid foreclosure by purchasing their properties quickly for cash, allowing them to walk away with money in their pocket and their dignity intact. Whether you're also dealing with title issues or own a distressed property, we can help.
Unlike traditional real estate sales that can take months, we can close in as little as 7 days. We buy houses in any condition, handle all the paperwork, and work directly with your lender to ensure a smooth transaction. You don't need to make repairs, pay realtor commissions, or wait for buyer financing to fall through. Learn more about our El Paso home buying services and stay updated with local real estate news.
Did You Know?
In Texas, the foreclosure process can be completed in as little as 41 days from the first notice. That's why acting quickly to avoid foreclosure is essential. We can make you a cash offer within 24 hours and close before the foreclosure sale date.
Homeowners Helped Avoid Foreclosure in El Paso
Understanding Foreclosure in Texas
Knowledge is power when it comes to avoiding foreclosure. Here's what every El Paso homeowner needs to know about the foreclosure process and how to stop it.
What Is Foreclosure?
Foreclosure is a legal process where your mortgage lender takes possession of your property because you've fallen behind on mortgage payments. In Texas, foreclosures are typically non-judicial, meaning they don't require court proceedings and can happen very quickly.
When you miss mortgage payments, your lender will send notices demanding payment. If you don't catch up or make arrangements, they can schedule a foreclosure sale. In Texas, this sale happens at the county courthouse on the first Tuesday of the month, and your home is sold to the highest bidder.
The good news is that you have options to avoid foreclosure before the sale date. Selling your house for cash to a reputable buyer like T-Rex Real Estate is often the fastest and most effective way to stop foreclosure and protect your credit.
Texas Foreclosure Timeline
- Day 1: First missed payment
- Day 120: Notice of Default sent
- Day 141: Notice of Trustee Sale posted
- Day 162: Foreclosure sale at courthouse
Types of Foreclosure in Texas
Non-Judicial Foreclosure
Most common in Texas. The lender can foreclose without going to court if your deed of trust includes a "power of sale" clause. This process is faster and less expensive for lenders, which is why it's critical to act quickly to avoid foreclosure.
Timeline: As fast as 41 days from first notice to sale
Judicial Foreclosure
Less common in Texas. The lender must file a lawsuit and obtain a court order to foreclose. This process takes longer but gives homeowners more time to find solutions to avoid foreclosure, such as selling to a cash buyer.
Timeline: 6-12 months depending on court schedule
Act Fast: Texas Foreclosure Timeline
Understanding the foreclosure timeline in Texas helps you know when to act. The sooner you contact us, the more options you have to avoid foreclosure and protect your financial future.
Day 1-30: First Missed Payment
You miss your first mortgage payment. Your lender will send a payment reminder. This is the best time to avoid foreclosure - contact us immediately for a cash offer before the situation escalates.
Day 30-90: Late Payment Notices
After 30 days, late fees are added. At 60-90 days, you'll receive more urgent notices and collection calls. Your lender reports the late payments to credit bureaus. You still have time to avoid foreclosure by selling quickly.
Day 120: Notice of Default (NOD)
After 120 days of missed payments, your lender files a Notice of Default. This is a formal declaration that you're in default on your mortgage. Foreclosure proceedings begin. Contact us now to avoid foreclosure - we can still help!
Day 141: Notice of Trustee Sale
Your lender posts a Notice of Trustee Sale at the courthouse and on your property. This notice sets the foreclosure auction date - exactly 21 days away. This is your last chance to avoid foreclosure. Call us immediately!
Day 162: Foreclosure Auction
Your home is sold at public auction on the courthouse steps on the first Tuesday of the month. The highest bidder takes ownership. You lose your home and receive nothing. After this, it's too late to avoid foreclosure through us.
Don't Wait Until Day 162
We can close in as little as 7 days, but we need time to work with your lender and complete the paperwork. The earlier you contact us in the foreclosure timeline, the more options we have to help you avoid foreclosure.
The True Cost of Foreclosure
Understanding what you're facing can motivate you to take action now. Here's what happens if you don't avoid foreclosure and let the process complete.
Credit Score Devastation
A foreclosure can drop your credit score by 200-400 points and remain on your credit report for seven years. This makes it extremely difficult to:
- Buy another home (you'll need to wait 3-7 years for most loan programs)
- Rent an apartment (many landlords reject applicants with foreclosures)
- Get approved for credit cards or loans at reasonable interest rates
- Pass employment background checks (some employers check credit)
Avoid Foreclosure = Protect Your Credit
Selling your home before foreclosure has minimal impact on your credit compared to a completed foreclosure. We can help you avoid foreclosure and preserve your financial future.
Additional Consequences of Foreclosure
Deficiency Judgment
If your home sells for less than you owe at the foreclosure auction, your lender can sue you for the difference. This deficiency judgment can follow you for years and result in wage garnishment.
Tax Consequences
Forgiven debt from foreclosure may be considered taxable income by the IRS. You could receive a 1099-C form and owe taxes on the cancelled debt amount, adding financial burden to an already difficult situation.
Forced Eviction
After the foreclosure sale, you'll receive an eviction notice. If you don't leave voluntarily, the sheriff will forcibly remove you and your belongings. This is traumatic and can happen with little notice.
Emotional Stress
The foreclosure process is emotionally devastating for families. The stress, shame, and uncertainty can affect your mental health, relationships, and overall well-being. Choosing to avoid foreclosure by selling can provide relief.
Employment Impact
Some employers, especially in financial services, government, or positions requiring security clearance, may view foreclosure negatively. It can affect job opportunities and career advancement.
Public Record
Foreclosure is a matter of public record in El Paso County. Your neighbors, friends, and community will be able to see that your home was foreclosed. Avoid foreclosure to maintain your privacy and dignity.
Choose a Better Path Forward
You don't have to face these consequences. Selling your El Paso home to us helps you avoid foreclosure, protect your credit, and move forward with cash in hand and peace of mind.
See How We Can HelpAre You at Risk of Foreclosure?
Recognizing the warning signs early gives you more options to avoid foreclosure. If you're experiencing any of these situations, contact us immediately for a fast cash offer on your El Paso home.
Late Payment Notices
Receiving letters from your lender about missed or late mortgage payments is the first warning sign. Don't ignore these notices - they're your opportunity to avoid foreclosure before it escalates.
Collection Calls
Your lender or loan servicer is calling frequently about overdue payments. These calls will become more urgent as you fall further behind, and eventually, they'll move to foreclosure proceedings.
Notice of Default
This formal notice means you're officially in default on your mortgage. In Texas, you typically receive this after 120 days of missed payments. Time to avoid foreclosure is running out.
Notice of Trustee Sale
This notice means your home has been scheduled for foreclosure sale. You have 21 days from this notice to avoid foreclosure by paying the full amount owed or selling your property.
Difficulty Making Payments
Struggling to make monthly mortgage payments due to job loss, medical bills, divorce, or other financial hardships. Acting now can help you avoid foreclosure and protect your credit.
Underwater Mortgage
Owing more on your mortgage than your home is worth makes it difficult to sell traditionally. We buy foreclosed properties regardless of equity, helping you avoid foreclosure and move forward.
Don't Wait Until It's Too Late
The sooner you act, the more options you have to avoid foreclosure. We can make you a cash offer within 24 hours and close before your foreclosure sale date.
Call (915) 206-5814 NowHow We Help You Avoid Foreclosure
We specialize in buying foreclosed properties and homes at risk of foreclosure in El Paso. Our fast, simple process helps you avoid foreclosure, protect your credit, and move forward with dignity.
Why Choose TRex RE LLC - The Texas Property buyers?
Lightning-Fast Closings
We can close in as little as 7 days, giving you cash before your foreclosure sale date. Traditional sales take 60-90 days - time you don't have when trying to avoid foreclosure.
Cash Offers - No Financing Contingencies
We buy foreclosed properties with cash, so there's no risk of buyer financing falling through. You get a guaranteed sale and can avoid foreclosure with certainty.
Buy Houses in Any Condition
Don't waste time or money on repairs. We buy foreclosed properties as-is, whether they need minor updates or major renovations. You can avoid foreclosure without fixing anything.
We Handle All the Paperwork
Our team manages all documentation, works directly with your lender, and handles the entire closing process. You can avoid foreclosure without the stress of complicated paperwork.
No Fees, No Commissions
Unlike traditional sales with 6% realtor commissions, closing costs, and repair expenses, we cover all costs. You keep more money when you avoid foreclosure by selling to us.
Protect Your Credit Score
Selling before foreclosure minimizes credit damage compared to a completed foreclosure. You can avoid foreclosure consequences and maintain better financial standing for your future.
Cash Offer in Your Hands
Close and Get Your Money
Fees or Commissions
Our Simple 6-Step Process to Avoid Foreclosure
We've streamlined the process to help you avoid foreclosure quickly and easily. From first contact to closing, we handle everything so you can focus on your next chapter.
Contact Us Today
Call us at (915) 206-5814 or fill out our form. Tell us about your situation and your foreclosure timeline. We respond immediately because we know time is critical when you need to avoid foreclosure.
Get Your Cash Offer
We'll evaluate your property and make you a fair cash offer within 24 hours. No obligation, no pressure. Our offers are based on current El Paso market values and your home's condition.
Accept and Schedule Closing
If you accept our offer, we'll work with your lender to schedule a closing date that works for you. We can close in as little as 7 days to help you avoid foreclosure before the sale date.
We Handle Everything
Our team manages all paperwork, coordinates with your lender, handles title work, and takes care of every detail. You don't have to worry about anything - we make it easy to avoid foreclosure.
Close and Get Paid
At closing, we pay off your mortgage and any liens, and you receive your cash. Walk away with money in your pocket, your credit protected, and the stress of foreclosure behind you.
Move Forward
Start your fresh chapter with peace of mind. You've successfully avoided foreclosure, protected your credit score, and can now focus on rebuilding your financial future without the burden of an unwanted property.
Ready to Start the Process?
Every day counts when you're trying to avoid foreclosure. Contact us now for your free, no-obligation cash offer and take the first step toward financial freedom.
Call (915) 206-5814 NowAlternatives to Foreclosure: What Are Your Options?
You have several options to avoid foreclosure in El Paso. Here's an honest comparison of each alternative, including the pros, cons, and likelihood of success.
Loan Modification
Your lender agrees to change your loan terms to make payments more affordable.
Pros
- Keep your home
- Lower monthly payments
- Avoid foreclosure
Cons
- Difficult to qualify
- Takes 3-6 months
- Not guaranteed
- Extends loan term
Forbearance Agreement
Your lender temporarily reduces or suspends payments while you recover financially.
Pros
- Temporary relief
- Avoid immediate foreclosure
- Time to recover
Cons
- Payments still owed later
- Temporary solution only
- Balloon payment due
- Doesn't solve underlying problem
Short Sale
Sell your home for less than you owe with lender approval.
Pros
- Avoid foreclosure
- Less credit damage
- Lender forgives difference
Cons
- Takes 4-6 months
- Lender must approve
- Still damages credit
- Complex process
Deed in Lieu
Voluntarily transfer your property deed to the lender to avoid foreclosure.
Pros
- Avoid foreclosure auction
- Faster than foreclosure
- May negotiate moving costs
Cons
- Still lose your home
- Credit damage
- Possible deficiency
- Lender must agree
Bankruptcy
File Chapter 7 or 13 bankruptcy to temporarily stop foreclosure.
Pros
- Stops foreclosure temporarily
- Time to reorganize
- Discharge other debts
Cons
- Severe credit damage
- Expensive legal fees
- Public record
- Only delays foreclosure
Sell to Cash Buyer
Sell your home quickly to a cash buyer like TRex RE LLC - The Texas Property buyers before foreclosure.
Pros
- Close in 7 days
- Get cash at closing
- Minimal credit damage
- No repairs needed
- No fees or commissions
- Guaranteed sale
Cons
- Must sell your home
Why Selling to a Cash Buyer Is Often the Best Choice
Speed and Certainty
Most alternatives to avoid foreclosure take months and have uncertain outcomes. Loan modifications can take 3-6 months and are often denied. Short sales require lender approval and buyer financing. Bankruptcy only delays foreclosure temporarily.
When you sell to TRex RE LLC - The Texas Property buyers, we close in 7 days with guaranteed cash. There's no waiting, no uncertainty, and no risk of the deal falling through. You avoid foreclosure with certainty.
Financial Benefits
Traditional alternatives often leave you with nothing or even owing money. Foreclosure gives you $0. Deed in lieu gives you $0. Bankruptcy costs thousands in legal fees. Short sales take months and may still result in deficiency judgments.
We pay cash at closing, cover all costs, and you walk away with money in your pocket. You can use this cash to relocate, pay off debts, or start fresh. It's the only option where you actually receive money to help you avoid foreclosure and move forward.
Benefits of Selling to Avoid Foreclosure
Choosing to sell your El Paso home before foreclosure gives you control over your situation and provides numerous advantages over letting the foreclosure process complete.
Protect Your Credit Score
A foreclosure can drop your credit score by 200-400 points and stay on your report for 7 years. Selling before foreclosure minimizes credit damage, typically affecting your score by only 50-100 points. You'll be able to buy another home much sooner and qualify for better interest rates.
Walk Away with Cash
When you avoid foreclosure by selling to us, you receive cash at closing. This money can help you relocate, pay off other debts, or start fresh. In foreclosure, you get nothing - the bank takes everything, and you may even owe a deficiency judgment.
Control Your Timeline
Foreclosure happens on the bank's schedule, often with little notice. When you sell to avoid foreclosure, you choose your closing date and moving timeline. We can close in 7 days or give you more time if needed - you're in control.
Maintain Your Dignity
Foreclosure is public record and can be emotionally devastating. Selling your home allows you to avoid foreclosure quietly and maintain your privacy. You can tell friends and family you sold your house, not that it was foreclosed on.
Compare Your Options
Letting Foreclosure Happen
- Credit score drops 200-400 points
- Foreclosure stays on record for 7 years
- You receive $0 at sale
- Possible deficiency judgment
- Forced eviction by sheriff
- Public record and embarrassment
- Can't buy home for 3-7 years
Selling to Avoid Foreclosure
- Minimal credit impact (50-100 points)
- Recover credit score much faster
- Walk away with cash in hand
- No deficiency judgment risk
- Choose your moving date
- Private transaction, maintain dignity
- Buy again in 1-2 years typically
Choose the Better Path
Don't let foreclosure destroy your financial future. Sell your El Paso home to us and avoid foreclosure with cash in your pocket and your dignity intact.
Get Your Cash Offer TodayHow We've Helped El Paso Homeowners Avoid Foreclosure
These are just a few of the hundreds of El Paso families we've helped avoid foreclosure and move forward with their lives. Your success story could be next.
Maria Rodriguez
East El Paso
"After losing my job and facing unexpected medical bills, I fell three months behind on my mortgage. The foreclosure notice came, and I was terrified. T-Rex Real Estate gave me a fair cash offer within 24 hours and closed in 9 days. I was able to avoid foreclosure, pay off my debts, and move to a more affordable apartment. They saved my credit score and gave me a fresh start."
James Thompson
West El Paso
"My divorce left me with a house I couldn't afford and a mortgage that was underwater. I was two months from foreclosure when I found T-Rex Real Estate. They understood my situation, worked with my lender, and bought my house as-is. I didn't have to make any repairs or pay realtor fees. They helped me avoid foreclosure and move forward with my life."
The Martinez Family
Northeast El Paso
"When our family business failed, we couldn't keep up with the mortgage on our home. We received the Notice of Trustee Sale and had only 21 days before the auction. T-Rex Real Estate moved incredibly fast - they made us an offer the same day we called and closed in 7 days. We avoided foreclosure, protected our credit, and had enough money to relocate and start over."
Join Hundreds of Satisfied Homeowners
We've helped over 500 El Paso families avoid foreclosure and protect their financial futures. Let us help you write your own success story.
Foreclosures Prevented
Average Closing Time
Fees or Commissions
Satisfaction Rate
Frequently Asked Questions About Avoiding Foreclosure
Get answers to common questions about how we help El Paso homeowners avoid foreclosure and sell their homes quickly for cash.
We can make you a cash offer within 24 hours of your initial contact. Once you accept our offer, we can close in as little as 7 days. This speed is crucial when you're facing foreclosure, as Texas foreclosures can happen in as few as 41 days from the first notice. The sooner you contact us, the more time we have to help you avoid foreclosure before the auction date.
Still Have Questions?
We're here to help. Call us now to speak with a foreclosure prevention specialist who can answer your specific questions and help you avoid foreclosure.
Call (915) 206-5814 NowGet Your Free Cash Offer Today and Avoid Foreclosure
Don't wait until it's too late. Contact us now for a free, no-obligation cash offer on your El Paso home. We can close in as little as 7 days and help you avoid foreclosure, protect your credit, and move forward with cash in hand.
Visit Our Office
3016 Gull Lake Pl
El Paso, TX 79936
What Happens Next?
- We'll contact you within 1 hour to discuss your situation
- You'll receive a fair cash offer within 24 hours
- We can close in 7 days and help you avoid foreclosure