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Updated almost 13 years ago on . Most recent reply

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11
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Ryan DeGennaro
  • Contractor
  • Houston, TX
0
Votes |
11
Posts

does a trustee sale HAVE to happen in foreclosure?

Ryan DeGennaro
  • Contractor
  • Houston, TX
Posted

i have a tax lien on a property that i will likely have to foreclose on. this is a situation where i made a loan to a homeowner for property taxes and they have defaulted on the note.

i want to keep the house, i don't want it to go to auction. does texas require that it go to auction first?

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

"Making a loan to a homeowner for property taxes and they defaulted on the note" is not the same thing as a "tax lien". Do you have mortgage on the property? Am I missing something?

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