Do anyone know If you acquire a property at the tax deed sale do you have to foreclose on the property as well? Also what’s the process ?
If you acquire a property through a tax deed sale you would not then foreclose on it. You’d be the new owner. Why would you want to foreclose on yourself?
@Penny Dun Where is the property?
In Texas the tax deed sale is a foreclosure sale. It is a foreclosure for non-payment of property taxes and foreclosed by the taxing entities i.e. county, city, school district. A trustee sale is a foreclosure by the bank or mortgage company for non-payment of mortgage.