Once the strict judgment is final, is there then a sheriff's sale to auction off the property?

A co-worker told me about an auction on his street.

If a lien is not sold to an investor but is OTC - it is still considered "sold' to the county on that auction date.

Attend some auctions and keep your hands in your pockets, LOL.Remember too, if you take an option to wholesale a deal, you don't "offer" the property for sale, you're selling an option, there is a difference and TREC may have an issue with that.

If you buy from auction you typically need all cash.

As I was reviewing the contracts I learned that if you owner finance in Tx if the buyers default I don't get the property back, it actually goes to auction.

The 2011 tax certificate could be brought up for a tax deed sale/auction any time the certificate holder wants (now that we're past April 1).

For those of you that may be interested in Hubzu auction properties, their site has been acting weird since last week, and many users are having trouble logging in when using firefox.

In every auction, I see a handful of cert holders left holding the bag on practically worthless parcels.

I have contacted my counties local Real Property Service to see when they will be auctioning off the house, per our conversation they (RPS) will not hold the deed to the property for several months yet.