Give Texas homeowners foreclosure safeguards

The author of the editorial, Give Texas homeowners foreclosure safeguards, talks about one of the biggest problems in Texas. The intended audience for this editorial is towards Americans that are trying to balance their budget between mortgages and everyday necessities. The state has one of the shortest notice periods of 20 days before they foreclose on property. The author is in favor of the Senate Bill 472 and how it would extend the notice period to 45 days. The bill also gives homeowners 31 days to vacate the property after it is sold in a foreclosure procedure. The author claims that there are “unscrupulous lenders who take advantage of buyers and bottom feeders who target people who fall behind on their mortgages.” The bill won’t stop foreclosures completely, but it will give homeowners who fall behind in their mortgage payments a fighting chance. I agree with the author, because it gives more time for homeowners to try and save their homes.