The collection of real estate taxes for properties located in San Antonio Texas is a major priority for the Bexar County Tax Collector. Real estate taxes fund local services such as public education, police protection and, in some cases, medical services.
Delinquent property taxes create a serious cash-flow problem for Bexar County Texas. Without the tax revenue generated from real estate located in San Antonio, Bexar County would literally go bankrupt.
To solve this cash-flow problem, the Bexar County Tax Collector sells Texas Tax Deeds (Hybrid) on properties located in San Antonio Texas to winning bidders at the Bexar County tax sale.
When you buy Tax Deeds (Hybrid) in Texas, you are paying someone else's delinquent property taxes. In exchange, Bexar County conveys title on the real estate to the purchaser.
Everyone is happy, Bexar County gets their money and you get the real estate for a fraction of its true market value.
Because Texas sells Tax Deeds (Hybrid) the original property owner can exercise his or her right to redeem the property from the sale. The right of redemption is a statute specified period of time during which the original owner may redeem or take back the real estate by paying the purchase price plus interest and penalties.
So one of two things can happen when you buy Tax Deeds (Hybrid), either you will receive high interest and or penalty rate returns or you will get the real estate for a fraction of its true market value.
As with all investments, there is always an element of risk. Even if the interest rates are written into Texas law, mandated by Texas law, and are regulated by Texas law, there is a chance of you losing part or all of your investment. You must always try to get the best education and practice safe investing, no matter which investment vehicle you choose.
San Antonio Texas Discussion
Below you will find a collection of the latest user questions and comments relating to Tax Deeds (Hybrid) on tax-delinquent property located in San Antonio 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.
Master Tax Liens & Tax Deeds
Master the steps and strategies of buying tax liens and tax deeds with our FREE 4-DISC Training Course
You can immediately download the course for no charge or if you prefer, just pay a small shipping fee and we'll mail it to you.
"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: