The Texas Attorney General has sent a demand letter to lenders asking that they “suspend all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties.”
What does this mean for Bryan College Station foreclosures or even the country? Does this mean that people who do not or cannot pay their house payment can stay in their homes? Does this mean that the banks (you & me) pay for their homes? When will this be resolved?
Sure wish I knew the answers!
The Texas Association of Realtors put out a FAQ to give us a little more information about what this all means. Hope it is resolved soon!
CENTURY 21 Beal, Inc.