During the 2019 Texas legislative session, the Texas Legislature passed SB 1642, which adds subsection (1) to Tax Code § 34.21 and clarifies that a property owner entitled to redeem property after a tax foreclosure sale cannot transfer his or her right of redemption to any other person, and any instrument purporting to do so is void.It is important to note general timelines for redemption, IRS liens have 120 days, federal liens have one year, ag and homestead will have 2 years, all other properties are 180 days from the date the deed is filed.Analysis of Legal Factors An attorney will want to review the foreclosure lawsuit to determine the relative risk factor of the following: notice to correct parties, violations of automatic stays, or insufficient legal descriptions.

He has auto pay set up but due to some financial issues, the account sometimes has insufficient funds so his payment will bounce.

You should at least prefer an honest explanation such as "I forgot" or "I was negligent in my discretionary expenses and found myself with insufficient funds to pay."

I guess the fear comes from the fact I would have other tenants to care for out of pocket for possibly the first few months, vacancy, maintenance, and that I could possibly get denied a 203k loan due to insufficient income.

For example, you say that your credit score is insufficient for a bank or hard money lender. 

Yes, it takes 5 business days to get your money but only a day plus to know that you are going to get your money (i.e. if they have insufficient funds you'll know it by day 2), and since I don't need Johnny renter's $800 rent payment to pay my bills I don't really care that much.

Hello Everyone, I recently went through a pre-qualification process with a loan officer. One of the things that stood out to me was the requested documentation. I am in my early twenties and have done freelance work a...

Rents have crept up, but remain very low Tenant profile is regressing as well, with poverty rates going up, more households reporting using SNAPS (supplemental nutrition assistance program) year over year, and a general decrease in number of individual with college degrees in the area. 

Why is electric baseboard insufficient?

Seems like you have a good grasp on market research, nonetheless here are a few metrics you can add to your search: - rental vacancy rate  - homeowner vacancy rate  - poverty rate - education attainment rate (high school/GED & Bachelors)   - number of housing unit - household income - rent to income ratio - rent to price ratio - population on SNAPS (supplemental nutrition assistance program) percentage  - prop tax rate  - median age of buildings - number of structures by units (SFR, duplex, tri, quad, etc