Texas Property Tax Sale
My question involves a foreclosure in the State of: TX
After purchasing property at the courthouse sale for unpaid property taxes does the purchaser have legal right to evict occupants during the redemption period and if so how quickly can they be evicted?
It is homesteaded so the redemption period is 2 years.
We would like to purchase, evict quickly in hopes that they cannot raise redemption monies before having to vacate then depending on the ‘condition’ of the home lease until redemption period is up and then make improvements and occupy as our primary residence. If the current owners can raise redemption monies before eviction then we will get a good return on our money quickly.
Another question is ‘if’ we lease the property and during the redemption period they make payment how long do the tenants have to vacate, I would think that it would need to be a month to month lease with a 30 day vacate notice????
Thanks in advance for any suggestions.
I researched the Texas laws and found this, ”the purchaser of the land at the redemption sale is entitled to actual possession of the land during the redemption period”, cited Burkholder v. Klein Independent School District.