Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Richardson, TX
161
Votes |
511
Posts

Tax sale- How do they work?

Account Closed
  • Real Estate Agent
  • Richardson, TX
Posted

Hi everyone,

I got a lead on a property owned free and clear. It's a 2 unit building with tenants that are currently not paying rent in a B neighborhood. When I spoke to the owner, she said someone bought the pin or the taxes on the property. 

I'm not really sure how a tax sale works. Does the sheriff auctions the property just like they do with foreclosures? Is taking title on the property any different than a regular sale? I'm assuming I'll have to pay at least taxes+ interest to the person who bought the taxes.

Loading replies...