Texas owner financed foreclosure +options

Posted by rizzo on March 19, 2004 at 17:28:02:

I am the seller of a business in Texas, 4 yrs. ago. on which I carried the note through a deed of trust and promissary note. Foreclosure seems inevitable and I wouldn't know where to start> Of course should I do this, I would want the business to come back to me, not interested in auction sale. Is this possible? What type of attorney is required and how would I proceed? Buyer has turned out to be really lousy, even though he has considerable invested after 4 years. My question=are owner financed foreclosures handled differently? Thanks for any information..

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• Re: Texas owner financed foreclosure +options - Nick(Colorado) 15:06:49 03/21/04 (0)

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: I am the seller of a business in Texas, 4 yrs. ago. on which I carried the note through a deed of trust and promissary note. Foreclosure seems inevitable and I wouldn't know where to start> Of course should I do this, I would want the business to come back to me, not interested in auction sale. Is this possible? What type of attorney is required and how would I proceed? Buyer has turned out to be really lousy, even though he has considerable invested after 4 years. My question=are owner financed foreclosures handled differently? Thanks for any information.. 





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