Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago on . Most recent reply
Question about arm's length transaction
If a home is being foreclosed by the county for back taxes, and the county becomes the owner of that property, can a relative of the original owner buy the property from the county? The home is free and clear of all mortgages.
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Not sure about Texas, but there is no "arms length" requirement in buying something from the county. But be sure, are YOU buying a "lien" or the "property".