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Foreclosure Update

Written by Alison Cross

Effective September 1, 2017, foreclosure sales in Texas will no longer be held on January 1 or July 4.

Previously, foreclosure sales were held on the first Tuesday of every month, no excuses. This meant that a trustee might be toasting the New Year or celebrating Independence Day on the courthouse steps. The amendment provides that sales scheduled for January 1 or July 4 occur on the first Wednesday of the month rather than the first Tuesday of the month.

The full text of the amendment can be found here.