Proposed Texas Foreclosure Deferment Act

In Austin, late October, Texas Attorney General, Gregg Abott proposed a legislative initiative to help protect Texas homeowners from the current nationwide home foreclosure crisis. The proposed act would hold or defer foreclosure proceedings for at least 45 days in lieu of the current 20-day notice. See conference video: http://www.oag.state.tx.us/media/videos/play.php?image=102308mortgage_news&id=320

The Texas Attorney General's Office is also actively pursuing real estate related scams preying on Texas homeowners for such deceptive practices as title-related scams, fraudulent refinancing ploys and other mortgage-related fraud. If you have been a victim or have been approached by one of these real estate scams, contact the Texas Attorney General's Office at (800) 252-8011.

If you have a question about your real estate case or dispute, please visit our website at

http://www.lorenzanalegal.com/practice_areas/real_estate_agreements.html

or call us at (512) 338-0529 for an assessment of your case.