San Antonio Texas Sample Letter for Notice of Sale to Junior Lien Holder

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• City: San Antonio
• Control #: US-0723LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, Zip Code] Re: Notice of Sale of Property with Junior Lien — [Property Address] Dear [Junior Lien Holder's Name], I hope this letter finds you well. My purpose in writing today is to formally notify you, as the junior lien holder, about the upcoming sale of the property located at [Property Address], San Antonio, Texas [Zip Code]. As you may be aware, the property owner has defaulted on their mortgage obligations, resulting in the initiation of foreclosure proceedings. The property is scheduled to be sold at a public auction on [Sale Date], at [Sale Time]. This notice is being provided to inform you of the impending sale and allow you to review your rights and options as a junior lien holder. In the event that the property is sold, the proceeds from the sale will be first used to satisfy the outstanding mortgage debt owed to the senior lien holder. Subsequently, any remaining funds will be allocated towards addressing the obligations of junior lien holders, in order of priority. To ensure your participation in the sale process and safeguard your interests, it is imperative that you attend the auction or designate a representative to do so on your behalf. In the event that you are interested in bidding on the property, please be prepared to provide the necessary funds and complete any required documentation on the day of the sale. Should you wish to exercise your rights as a junior lien holder and contest the foreclosure process, it is advised to seek legal counsel promptly. They will assist you in determining your options and potential courses of action in accordance with Texas state laws and the terms of your lien. Please be advised that this letter is being sent as part of the legal requirements related to the sale process. Any inquiries or disputes regarding the foreclosure should be directed to our legal representative, [Law Firm Name], at [Law Firm Address], [City, State, Zip Code], or by calling [Law Firm Phone Number]. We appreciate your attention to this matter and look forward to any communication or clarification you may require. Thank you for your prompt cooperation. Yours sincerely, [Your Name] [Your Title/Position] [Your Company Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Junior Lien Holder's Name] [Junior Lien Holder's Address] [City, State, Zip Code] Re: Notice of Sale of Property with Junior Lien — [Property Address] Dear [Junior Lien Holder's Name], I hope this letter finds you well. My purpose in writing today is to formally notify you, as the junior lien holder, about the upcoming sale of the property located at [Property Address], San Antonio, Texas [Zip Code]. As you may be aware, the property owner has defaulted on their mortgage obligations, resulting in the initiation of foreclosure proceedings. The property is scheduled to be sold at a public auction on [Sale Date], at [Sale Time]. This notice is being provided to inform you of the impending sale and allow you to review your rights and options as a junior lien holder. In the event that the property is sold, the proceeds from the sale will be first used to satisfy the outstanding mortgage debt owed to the senior lien holder. Subsequently, any remaining funds will be allocated towards addressing the obligations of junior lien holders, in order of priority. To ensure your participation in the sale process and safeguard your interests, it is imperative that you attend the auction or designate a representative to do so on your behalf. In the event that you are interested in bidding on the property, please be prepared to provide the necessary funds and complete any required documentation on the day of the sale. Should you wish to exercise your rights as a junior lien holder and contest the foreclosure process, it is advised to seek legal counsel promptly. They will assist you in determining your options and potential courses of action in accordance with Texas state laws and the terms of your lien. Please be advised that this letter is being sent as part of the legal requirements related to the sale process. Any inquiries or disputes regarding the foreclosure should be directed to our legal representative, [Law Firm Name], at [Law Firm Address], [City, State, Zip Code], or by calling [Law Firm Phone Number]. We appreciate your attention to this matter and look forward to any communication or clarification you may require. Thank you for your prompt cooperation. Yours sincerely, [Your Name] [Your Title/Position] [Your Company Name]