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SHERIFF SALE
INFORMATION
Please Read Before Proceeding
Texas Tax Code does not allow for Tax Lien Certificates. Real property can be seized and sold for delinquent taxes owed after a lengthy legal procedure: a suit is filed in district court, judgment is taken, owner is notified by certified mail or personal service, a sign is posted on the property, and a tax sale notice is posted in a major newspaper of the city closest to the property for three (3) consecutive Sundays before the sale. The sale is the first Tuesday of February, May, August and December at 10:00 a.m. in the Assembly Room located on the 2nd floor of the Grayson County Courthouse South Annex, if there is any property available, and is conducted by the Sheriff's office. The minimum bid begins with an aggregate amount of all taxes and penalties for all tax entities due at the time the judgment was taken plus accrued judgment interest since that date, court costs, sheriff's fees, and publishing fees. Sometimes, there are taxes due for more recent years that are not included in the judgment that is also the responsibility of the purchaser. If the property does not sell, ownership reverts to the entity that is the primary plaintiff of the suit as trustee for all entities involved. Property can be purchased from the tax entity. There are no taxes levied on the property during the time it is held by the entity but delinquent taxes are not abolished, continue to accrue penalty and interest, and are passed on to the purchaser. It is also possible to purchase property directly from the owner prior to the sale. In which case, all taxes and all fees must be paid in order to prevent the sale. Also, the owner retains the Right of Redemption for the property as stated under Subchapter B, section 34.21 of the Texas Tax Code.
For information regarding type of payment, bidding process, type of document, etc, please contact Grayson County Sheriff's Office, attention Sgt. Sarah Bigham, Deputy, Justice Center, 200 S. Crockett, Sherman, Texas 75090. Sheriff sale and other tax sale information is also available online at the Grayson County website url: http://www.co.grayson.tx.us and property information is available online at Grayson Appraisal District website url: http://trueautomation.com; or you can contact the attorneys for the different properties: Linebarger, Goggan, Blair & Sampson, attention Glenn E. Smith, Jr., Attorney-at-law, 115 E. Lamar, Sherman, Texas 75090; and Perdue, Brandon, Fielder, Collins, & Mott, Attorneys-at-law, attention Charles Brady, PO Box 13430, Arlington, Texas 76094-0430..
Delinquent Tax Sale
Grayson County Sheriff’s Office
General Information Regarding the Tax Sale
The following is important information regarding the property to be offered for sale. You must carefully read this information and evaluate these facts in light of your anticipated use of property.
1) A bidder at the sale MUST be registered at the time the sale begins with the person conducting the sale. A bidder MUST sign in use their own name and cannot sign in to bid for someone else.
2) The property will be sold at the public auction and will be sold for cash to the highest bidder, based on oral bids. The rules covering auctions generally will apply. Purchasers must pay for their property with cash, cashier’s check, money order or credit card with a (3% fee that the credit card company charges for all credit or debit card transactions) payable to Grayson County Sheriff’s Office.
3) The amount of the opening bid is announced at the beginning of the sale, and bidding must start at that figure or a higher, sums less than the given figure cannot be accepted. Any successful bidder who fails to make payment shall be held liable for twenty-five percent of the value of the property plus costs incurred as a result of the bidder’s default pursuant to rule 652 of the Texas Rules of Civil Procedure.
4) Purchasers at this tax foreclosure sale ill receive an ordinary type of Sheriff’s Deed which without warranty, express or implied. The deed will be recorded by the County Clerk’s Office before it is given to the purchaser.
5) All property purchased at this sale is subject to statutory right of redemption. This redemption period commences to run from the date the purchaser’s deed is filed for record in the County Clerk’s Office. Purchasers have the right of possession during the redemption period. There is a two year right of redemption for homestead property and property appraised as agricultural land. There is a six month right of redemption for all other property.
6) Anyone having a legal interest in the property at the time of this sale may redeem the property for the purchaser during the redemption period. The redemption price is set by the Property tax Code.
7) Anyone redeeming the property may be required to reimburse the purchaser for the amount reasonably spent by the purchaser for the maintenance, preservation and safekeeping of the property as provided by Section 34.21(e) of Texas Tax Code.
8) Since the purchaser’s will only have a Sheriff’s Deed to the property, a policy of Title I insurance may be difficult to obtain.
9) It is the responsibility of the purchaser of the property to check with the Tax Assessor Collector’s Office of this county on any past or future taxes owed.
10) It will be necessary for the bidders to satisfy themselves concerning location of the property on the ground prior to the sale. Maps and plats of these properties may be on file in the office of the County Clerk or the Appraisal District and all papers in the lawsuit(s) on which this sale is based are on file in the office of the District Clerk. The approximate property address reflected herein is the address on the tax records and may not be completely accurate. The properties are sold be legal description and not be physical address.
If you have questions or need additional information, you may contact the Sheriff’s Office at 903-813-4200 ext #2223 or #2227 or the Tax Office at 903-813-4200
ext #4220.
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