For good reason Texas has been one of the most attractive places for tax lien and tax deed investing.  But Texas is unique in that it is neither a tax lien nor a tax deed state.  The rules are different in Texas.  Texas is a redemption deed state, which means it's a hybrid of a tax lien state and a tax deed state.  When you attend the auction you purchase a deed (redemption deed), but the property owner is still allowed a redemption period like in a tax lien state.  But the primary difference is the return offered in Texas.  Just like those blessed Texans say, "Everything's bigger in Texas," Texas offers an incredibly high return if the property owner redeems; to the tune of 25% every year.  If the property owner doesn't redeem during the stated redemption period, then you take full ownership of the property without having the take the tax lien to deed like in a tax lien state. The other advantage of investing in Texas is that auctions are held monthly on the first Tuesday of every month.  In order to bid on a property, though, one must be present or have someone represent them physically at the auction.  Texas counties also outsource their property tax sales through law firms.  To find information for sales it is often necessary to visit the law firm.  Shown below are the three firms that handle these sales. Perdue Brandon Fielder Collins & Mott LLP, Attorneys at Law www.pbfcm.com Linebarger Goggan Blair & Sampson, LLP, Attorneys at Law www.publicans.com McCreary, Veselka, Bragg & Allen, P.C., Attorneys at Law www.mvbalaw.com As mentioned before, property owners have an opportunity to redeem themselves for a certain period of time after the purchase of the tax foreclosure properties.  This period is determined by whether the property owner had homestead insurance on the property.  The difference is if there is homestead insurance on the property, then they have two years.  If no insurance is held, then the period is only six months.  At the time of purchase, through, the investor receives all rights of ownership including the right to use and take possession.  But the property owner can still redeem so be weary about putting additional money into the property. No Risk Investor is the ultimate resource and tool for tax liens, tax deeds, and real estate investors all over the world.  No Risk Investor takes incredible pride in its ability to help students take action, get into properties, and begin the journey to financial freedom.  No Risk Investor provides county lists, property lists, online auction lists, comprehensive training and education, an auction calendar, an online auction center, an investor community and much more for its members.