What is the redemption period for tax foreclosures?
Redemption periods for tax foreclosures vary in many ways depending on the type of sale. The most common sales are property tax foreclosures. The redemption periods for these properties first depends on whether or not the property has been homesteaded. The Tax Pre-foreclosure Report will provide you with the exemption status, which will help you determine the appropriate redemption period. If a property is homesteaded, the redemption period in Texas is 2 years. If the property is non-homesteaded, the redemption period in Texas is 6 months.
Related Questions
- Once the property is aquired through a tax sale, is there a redemption period before you can take possession? If so, what is the redemption and interest paid?
- When I invest in a Tax Lien and the property owner doesn’t pay within the redemption period, what happens?
- What is the redemption period for tax foreclosures?
