Foreclosure Sale Non-judicial Texas
i own a property in texas that the person who is buying it has defaulted on the deed of trust. I believe there is no right of redemption here. In a foreclosure sale, if my property being bid on is sold at an amount higher than the amont owed in the deed of trust, who gets the extra money that is in excess?
thx, rob
[ Edited by rbeezie on Date 10/07/2005 ]
after all lien holders & the foreclosure & legal costs are paid. The remaining proceeds got to the foreclosed owner.