Legal Question in Real Estate Law in Texas

Real Estate- The neighborhood I live in has 100s of residentual lots that are freuently up for auction in the local tax auction. a large portion of the lots appear to be owned by a finance corporation that has been disolved. There is a residentual lot behind my house that shows to be owned by this same disolved corp. Is there a way to purchase or aquire the lot before it is seized by the local tax office? Again the entity that owns the property is no longer there to purchase it from.


Asked on 6/22/12, 6:44 am

1 Answer from Attorneys
Joseph A. McDermott, III Attorney at Law

You'd have to locate whoever succeeded to the assets of the defunct entity. Likely several thousand dollars in legal fees just to locate the owners, then no guarantee that you could make a deal, or you could try and research it yourself.

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Answered on 6/22/12, 8:35 am


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