or call: (210)-593-1200 ext. 123
or go to: www.SABOR.com
San Antonio Board of REALTORS®
" FOR INVESTORS & REALTORS®"
What is a Tax Sale Auction?
The selling of property for non-payment of ad-valorem(property) taxes. The collection of property taxes is a huge priority in every county in the State of Texas. If a county cannot collect property taxes, they would go broke. Here in Texas, taxing entities will force the sale of delinquent homeowners in order to collect taxes owed. The county sheriff is responsible for this auction which is held on the courthouse steps every month.
Did You Know?
Every month, thousands of properties are auctioned off on the courthouse steps for pennies on the dollar. Most delinquent properties are 3-5 years behind on their ad-valorem taxes. There are 254 counties in the State of Texas and each county has a Tax Auction scheduled on the 1st Tuesday of each month.
What We Know?
Every year homeowners fall behind on the property taxes due to many hardships. Tax deed investing in Texas is one of the best investment you can make due to the high interest rate penalty that is passed onto the investor that buys the delinquent taxes on the courthouse steps. The two ways to profit from this investment vehicle: high statutory rate of return or purchase real estate far below(50% off) market value.What you will Learn?
Detail description of the tax deed investing process
Where to find Tax Sale Leads? Sample Sale List
Best time to buy a Tax Deed
How to research title on tax sale properties
Links to county websites & private law firms that handle Tax Sales
Avoid common mistakes made by in-experienced agents/investors
Redemption Periods and 25% Guaranteed Profits
Does minimum bid cover all the back taxes? Filing of Tax Suit.
Bidding registration requirements & Courthouse Atmosphere
How do I pay for a tax lien at the courthouse?
Ownership document issued after the sale.
I have the deed, now what? Can I move in?
How to overcome title insurance problems.
What happens to properties not sold at auction?
Liens that Survive the sale (Texas Tax Code, Sec 32)
How to use your 401k, IRA dollars to invest- tax deferred.
Most of all, from top to bottom - An A thru Z explanation of the Tax Sale Auction so you can begin implementing today ...all of the guess work has been eliminated!
TREC Course #03-00-058-5071, approved for 3 hrs MCE Credit, provided by Foreclosure Listing Service, Inc. (Provider #0414).
Call our office Mon-Fri 8:30am to 5:30pm if you have any questions. 214.593.0074
www.roddyseminars.com (Training Events)
www.flsonline.com (Foreclosure Data Provider)
When & Where
Roddy Real Estate Investing Academy
Roddy.com, LLC & Foreclosure Listing Service, Inc.
4851 Keller Springs Rd Ste. 219
Addison, Texas 75001
Phone: (214) 593-0074
Roddy.com is a leader in supporting investors & real estate professionals in Texas real estate. We are a respected organization in Texas when it comes to providing education, data, and investment opportunities in distressed real estate.
Our speakers are experienced investors with a broad range of expertise in a variety of proven investing strategies in Texas real estate.
Data/Course Provider: Foreclosure Listing Service, Inc. (FLS) is one of the Texas's largest provider of data and information services on distressed real estate in Texas. FLS provides courthouse data in pre-auction, auction & post auction formats.