Legal Question in Real Estate Law in Texas
What can I do to purchase the lot next to me which is in tax foreclosure? It also has P.O.A. dues which are past due.
Asked on 6/10/10, 9:07 am
1 Answer from Attorneys
You can bid on it at the foreclosure sale, which is the first Tuesday of the month. You can double check to see if the property is being foreclosed by looking at the postings at the local district court. The same should apply to the HOA.
BEFORE YOU BID, you should have a title company review the property to see if there are any liens that you would need to cover, should you win at the foreclosure sale.
Dave
Answered on 6/10/10, 12:31 pm