In San Antonio, Texas, an Order Granting Rule 736 Application for Foreclosure of Home Equity Lien refers to a legal process by which a lender requests the judicial foreclosure of a home equity lien on a property. This order is issued by a court after reviewing a motion or application filed by the lender. Foreclosure is a legal procedure that allows the lender to take ownership or sell the property to recover the outstanding debt when the homeowner defaults on their mortgage payments. Rule 736 of the Texas Rules of Civil Procedure provides a streamlined process for lenders to seek foreclosure on a home equity lien. The application for foreclosure is submitted to the court, requesting permission to initiate the foreclosure process. Key requirements for granting this order typically include demonstrating that the homeowner has defaulted on the loan payments and providing evidence of the outstanding debt. The lender must also prove that all necessary legal notices and warnings have been provided to the homeowner. In San Antonio, there might be different types of Order Granting Rule 736 Application for Foreclosure of Home Equity Lien, depending on the circumstances. Some possible variations could include: 1. Defaulted Home Equity Lien Foreclosure: This type of order is issued when a homeowner defaults on their home equity loan, resulting in the lender seeking foreclosure to recover the outstanding debt. 2. Judicial Foreclosure: In cases where the lender chooses to pursue a judicial foreclosure, an Order Granting Rule 736 Application for Foreclosure of Home Equity Lien may be obtained. This order allows the lender to proceed with the foreclosure process through the court system. 3. Non-Judicial Foreclosure Consent: In certain situations, the homeowner and lender may reach an agreement for a non-judicial foreclosure. This consent may require an Order Granting Rule 736 Application for Foreclosure of Home Equity Lien to ensure that the appropriate legal processes are followed. Overall, the specific type of Order Granting Rule 736 Application for Foreclosure of Home Equity Lien may vary depending on the circumstances and the specific requirements outlined in the Texas Rules of Civil Procedure. It is essential to seek advice from a qualified attorney or legal professional to understand the specific details and implications of such an order in San Antonio, Texas.