Call us at (469) 942-5299
What Are My Rights in Foreclosure? A Homeowner's Survival Guide
Published on 04/21/2025
You Have More Power Than You Think
Banks want you to believe foreclosure is unavoidable—but the law gives you important protections. Here's what you're legally allowed to do:
5 Key Rights Every Homeowner Has
1. Right to Proper Notice
- Banks must send you:
- "Notice of Default" (first warning)
- "Notice of Sale" (auction date)
- How to use this:
- Check dates for mistakes
- Demand copies if you never got them
2. Right to Stop the Sale
- Ways to pause foreclosure:
- File for bankruptcy (stops it same day)
- Prove the bank made errors
- Show you applied for help
3. Right to See Your Loan Papers
- Demand: "Show me the original signed mortgage under RESPA laws."
- Shocking fact: 1 in 4 banks can't find these!
4. Right to a Fair Sale Price
- Banks can't just sell your home for $1 to a friend
- If auction price is too low, you may sue
5. Right to Stay Until the End
- No one can:
- Change your locks without court order
- Throw your belongings on the lawn
- Threaten you to leave faster
3 Illegal Bank Tricks to Watch For
🚩 "You must pay $5,000 to talk about options"
(Truth: Loss mitigation help must be FREE)
🚩 "We never got your paperwork"
(Truth: Send everything by certified mail #______)
🚩 "The auction is tomorrow—too late to help"
(Truth: You can often stop it hours before)
🔗 Avoid Fake "Help" - Foreclosure scams
What to Do When Rights Are Violated
-
Write down everything
- Who called, when, what they said
-
File complaints with:
- CFPB (consumerfinance.gov)
- Your state attorney general
-
Get free legal help
- Visit lawhelp.org
State-Specific Super Rights
| State | Special Protection |
|---|---|
| California | Must offer mediation |
| Florida | Extra 45-day waiting period |
| New York | Court supervises all foreclosures |
| Texas | Can't owe extra money after sale |
🔍 Check your state at NCLC.org
📥 Free Download: Foreclosure Fighter’s Ultimate Playbook
- How different banks handle foreclosures
- Bank-specific delay tactics
- Universal bank-beater strategies
👉 Download Foreclosure Fighter’s Ultimate Playbook
If none of these options work, we may be able to buy your house.
📞 Act now - Book a 1-on-1 consultation to see if your house qualifies for our program.