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Understanding Tax Sales in Texas

Mar 17, 2025

Lecture Notes: Tax Sales in Texas

Introduction

  • Presenter: K from "Money Moves with K"
  • Focus: Series on tax sales and auctions in each state, starting with Texas.
  • Purpose: Help viewers find tax auctions and understand how to research and purchase properties.
  • Patreon Group: Detailed explanations available to subscribers.

Tax Sales in Texas

  • Website: mvba law.com, a resource for finding tax sales.
  • Coverage: Not every county in Texas, only those working with the specific law firm.
  • Redemption Period: Two years for various property types (e.g., agricultural, mineral rights, homesteads).
  • Auction Frequency: Monthly auctions.

Using mvba law.com

  • Steps:
    1. Visit mvba law.com.
    2. Click on 'Tax Sales' and then 'Upcoming Tax Sales'.
    3. Example used: Anderson County.
  • Information Provided: Payment methods, rules, regulations, and property descriptions.
  • Due Diligence: Crucial to conduct thorough research on properties.

Secret Method

  • Trick: Shared with Patreon members to submit lower bids effectively.

RealAuction.com

  • Online Bidding: Some online options available, though Texas prefers in-person auctions.
  • Resource: Mentioned in previous videos.

Importance of Local Newspapers

  • Public Notices: Tax sales may also be advertised in local newspapers.
  • Online Access: Many notices are now online, such as public notices in Denton County.
  • Filtering: Use filters to find relevant real estate auctions.

Tax Sales.lgbs.com

  • Resource: Another law firm facilitating tax sales in Texas.
  • Example: Dallas County with over 553 properties.
  • Registration: Necessary for participation in auctions.
  • FAQs: Available on the website for guidance.

RealForeclosure.com

  • Associated with RealAuction: Site powered by RealForeclosure, part of RealAuction.com.

Conclusion

  • Engagement: Encourages viewers to comment on which state to cover next.
  • Patreon: Offers further resources and direct interaction.
  • Sign-off: "Stay blessed".