Texas Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Tax Sale Questions (Tarrant County)
Hello All,
I've been looking through some online resources that show some tax sale properties and I have a few questions I was hoping some of you may know, that I wasn't able to gather from the website.
1. What is the "Adjudged Value"? It differs from the minimum bid and I'm not sure why that number is there/where it comes from.
2. Are all tax sales in Texas (or at least Tarrant County), only executed with cash?
3. Say I purchase a property only to find out later that there were some additional liens against it non-tax related, how would this be resolved since the deed is transferred soon after the auction?
I'm still a newbie and the Tax Sales seem like some great opportunities, but with a lot more paperwork and possible complications so I want to be as informed as possible.
Thanks all!
Dylan