In Texas, the County Tax Collector will sell Tax Deeds (Hybrid) to winning bidders at the Jefferson County Tax Deeds (Hybrid) sale. Generally, the minimum bid at an Jefferson County Tax Deeds (Hybrid) sale is the amount of back taxes owed, as well as any and all costs associated with selling the property.
The sale of Texas Tax Deeds (Hybrid) are final and winning bidders are conveyed either a Tax Deed or a Sheriff's Deed. However, according to state law, Tax Deeds (Hybrid) purchased at an Jefferson County Tax Deeds (Hybrid) sale have a redemption period attached to the Jefferson County Tax Deeds (Hybrid). This is a period of time in which the former owner can reclaim the property by repaying the amount bid at the Jefferson County Tax Deeds (Hybrid) sale plus Not Applicable 25%.
In order to redeem, the former owner must pay Jefferson County Not Applicable 25% on the amount the winning bidder paid to purchase the property at the Jefferson County Tax Deeds (Hybrid).
Jefferson County Texas Tax Sale Discussion
Below you will find a collection of the latest user questions and comments relating to the sale of tax lien certificates and tax deed properties in Jefferson County Texas.
Type your question or comment using the form below:
Tax Lien University, Inc. is an educational organization, and individual performance depends upon the individual skills, time availability, and dedication of each student. Testimonials included may not represent typical results. Unique experiences and past performances do not guarantee future results. Tax Lien University, Inc. its owners, employees, and affiliates do not give investment or financial advice and are not licensed as brokers by or registered as advisors with any agency. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
"I purchased 3 tax lien certificates at an internet auction for Miami-Dade County, Florida. All three were buildable vacant lots in
moderate income neighborhoods. The prices were: (1)$1,018.86 (2) $1,224.90 (3) $1,654.82. I got 18% interest on all of them.
I placed 39 bids in total."
- A. Hamad, Florida June 9, 2011 6:17:32 PM MDT
"I thought that the course were very clear and easy to understand as well as being highly informative and to the point. The information contained within is worth thousands and thousands of dollars. I would recommend that any one serious about being a smart investor buy these books and put it into action!"
- S. Roy, London
"Thank you for your great work. I received you training manuals last night and haven't been able to stop reading. I would recommend this course to anyone who is interested in getting into Tax Lien Certificates."
Research each state's individual tax sale process including whether it is a tax lien certificate, tax deed, or tax deed hybrid, redemption period, bidding method, and the interest/penalty rate by clicking on the name of the state below: