Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Michael Homan
  • Oglesby, TX
0
Votes |
1
Posts

Buying a tax lien property at auction

Michael Homan
  • Oglesby, TX
Posted

I'm looking to bid on an upcoming property in my area on a tax foreclosure, my question is what do you do about the current owner still living on the property after sell?

Most Popular Reply

User Stats

106
Posts
87
Votes
Sam Bagwell
  • Attorney
  • Gainesville, GA
87
Votes |
106
Posts
Sam Bagwell
  • Attorney
  • Gainesville, GA
Replied

I'm not from Texas, but in Georgia (where we sell tax Deeds, as opposed to tax Liens), you have redemption periods, etc... to worry about.  

That being said, if you're buying the lien, then you'll need to actually foreclose on the property based on that lien, after which you should consider an eviction, or a cash-for-keys option, as suggested above.  If you're buying the deed, then you could proceed directly with the eviction/cash-for-keys.

Loading replies...