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Updated about 7 years ago on . Most recent reply

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Samarn Derrick Vichitnand
  • Investor
  • Richmond, TX
4
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12
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Tax Deed Sales in Texas

Samarn Derrick Vichitnand
  • Investor
  • Richmond, TX
Posted

I'm curious what investment strategies people have used with Texas tax deed sales that have worked.  I've never done it before but I anticipate that property with houses on them are bid on with more fervor and therefore end up closer to their market value.  What about raw or developed land for a steep discount that could be used to build on for a rental?  If I were to buy a deed for a home that is move in ready, can I move renters in right away?  If so, what happens if the owner pays within their allotted timeframe?  Does that void the lease or does it stay in effect until it's expiration but need to be turned over to the owner?  Any tips on places that are good resources for researching leins and their order of succession?  Thanks all!

Most Popular Reply

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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,416
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5,042
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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

@Mike Reynolds

Nice going.... fast and easy on your part on the purchase..... can you imagine what you might have had to pay and how much time and energy you might have spent trying to buy them before the sale? if that was even possible.

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