Tax foreclosure sales| Sheriff's deed without warranty

[Luke H.]

Have a few questions about this statement.  This is in Texas.

Tax foreclosure sales are without warranty of any kind. Purchasers receive a Sheriff's deed that is without warranty. 

Q: What is, and what good is a Sheriff's deed that is without warranty?

Q: If I had this what are my rights for getting someone out of the house? Repairing and renting it out? 
Q: Can the owner come back later and purchase it back?

Any information here would be great!

[Ron S.]

Here's an old post on this forum about your question:

https://www.biggerpockets.com/blogs/1123/8011-the-...

As you should do, i went and read some of the county websites in Texas to get some information about your question. I'm not an expert for Texas tax sales but here is what I found:

• It would appear that borrowers have redemption rights in Texas so yeah, they might be able to come back later and redeem the property by paying the lien amount and any applicable penalties/fees. I read there is two year right of redemption for homesteaded property and six months for non homesteads.
• well...it is a sale of property and the deed by sale is valid but you should be wary of anything that might impact your ability to negotiate and/or encumber the property.
• You own the property but subject to redemption rights of the owner. They like guns in Texas right?